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What is Model Risk and Why Does it Matter?

DataRobot Blog

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks. What is a model?

Risk 111
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Cyber Fraud Statistics & Preventions to Prevent Data Breaches in 2021

Smart Data Collective

The risk of data breaches will not decrease in 2021. Data must be managed carefully , which means protecting it against security breaches. Data breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. It is still a vulnerable place.

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Simulation for better decision making

Cloudera

My narrower vision of the next advancement in analytics is driven (or biased) by my quantitative risk management background and the critical role that computational simulation capabilities have played in many advances in the world of finance. Derman (2016), Cesa (2017) & Bouchard (2018)). Blog Post, Nov-2016.

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New CIO appointments in India, 2022

CIO Business Intelligence

At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. . Prior to joining Fractal, Tiwari was senior vice-president and global CISO at Airtel, where he set up the managed security services initiative Airtel Secure for Business.

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Unlock The Power of Your Data With These 19 Big Data & Data Analytics Books

datapine

The book has three main ideas: The biggest risk your company faces is investing a lot of time and resources into building something that the market doesn’t want. It was lately revised and updated in January 2016. Product/market fit is THE most important factor to get right. is one of the greatest on the market.

Big Data 263
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The biggest enterprise technology M&A deals of the year

CIO Business Intelligence

Even though Nvidia’s $40 billion bid to shake up enterprise computing by acquiring chip designer ARM has fallen apart, the merger and acquisition (M&A) boom of 2021 looks set to continue in 2022, perhaps matching the peaks of 2015, according to a report from risk management advisor Willis Towers Watson. Broadcom to buy AppNeta.