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What is Model Risk and Why Does it Matter?

DataRobot Blog

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. However, after the financial crisis, financial regulators around the world stepped up to the challenge of reigning in model risk across the financial industry.

Risk 111
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The history of ESG: A journey towards sustainable investing

IBM Big Data Hub

1 Slowly but surely, institutional investors started to recognize that companies could potentially improve financial performance and risk management by focusing on ESG issues like greenhouse gas emissions. The total—$639 billion—shed light on how shareholders were starting to invest out of principle versus strictly profit.

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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)). Mauro Cesa. “A Simudyne Webpage.

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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 12: How AI is rapidly transforming the enterprise landscape in the post-COVID world

bridgei2i

She’s the founder and CEO of StatWeather, a company, which was recognized as number one in climate technology globally in the year, 2017, by the Energy Risk Awards. We need people who can test. Not just that. Then, if the computer system goes down, then what do we do? Ria Persad, Founder & CEO StatWeather.

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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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Streaming Market Data with Flink SQL Part II: Intraday Value-at-Risk

Cloudera

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management. Intraday VaR.

Risk 98
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Themes and Conferences per Pacoid, Episode 8

Domino Data Lab

Also, while surveying the literature two key drivers stood out: Risk management is the thin-edge-of-the-wedge ?for Adds governance, discovery, and access frameworks for automating the collection, management, and use of metadata. That definition plus the one-liner provide good starting points. for DG adoption in the enterprise.