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What is Model Risk and Why Does it Matter?

DataRobot Blog

In 2011, the Federal Reserve Board (FRB) and the Office of Comptroller of the Currency (OCC) issued a joint regulation specifically targeting Model Risk Management (respectively, SR 11-7 and OCC Bulletin 2011-12 ). In other words, model risk can lead to tangible losses for the bank and its shareholders.

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Cathay Pacific to take cloud journey to new heights

CIO Business Intelligence

But in this next cloud optimization phase, the airliner will focus on enhancing the security and performance of these workloads on the cloud, says Nair, who was hired by Cathay in 2011 as an application service manager, working his way up to his current position 10 years later.

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Why CEOs should test big digital business ideas in tiny countries.

Mark Raskino

The President of Iceland Olafur Ragnar Grimsson explained this phenomenon to me when I had the privilege to interview him in 2011 (Gartner Report: G00212784 ). “So He was talking about something we call the ‘compound uncertainty’ that must be navigated when we want to test and introduce a real breakthrough digital business idea.

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How to Optimize Marketing and Sales Operations

Jedox

They specialize in technology infrastructure, data and analytics of the go-to-market processes to measure the effectiveness of each channel, the overall performance of the marketing program and the sales organization, and support customer, product and market analysis and A/B testing. Collaboration and integration are key.

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12 famous ERP disasters, dustups and disappointments

CIO Business Intelligence

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. The two began working together on a transition away from Lidl’s creaky in-house inventory system since 2011. What happened?

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What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

It was first defined by the US Federal Reserve and Office of the Comptroller of the Currency ( SR 11-7 ) in April 2011. Outputs for a new problem might not be consistent with the model’s original intent for a different problem without careful research and testing. Model Risk Management Framework.

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Search: Not Provided: What Remains, Keyword Data Options, the Future

Occam's Razor

In late 2011, Google announced an effort to make search behavior more secure. The Multi-Channel Funnels folder in Google Analytics contains the Top Conversion Paths report. At the highest level, across visits by focusing on unique people, the report shows the role search plays in driving conversions. See Page Value there?