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Five Trends for the Financial Services Industry to Track in 2021

Cloudera

Here’s my take on some of the trends specific to the impact that data, analytics and AI/ML will have as we look at the year ahead. . Trend #1: The Crossroads of Risk Management and Emerging Technology. Artificial intelligence and machine learning (AI/ML) will be central to risk modeling in 2021 and the future.

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New CIO appointments in India, 2022

CIO Business Intelligence

Fractal Analytics has appointed Manish Tiwari as its CIO. At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. . Sanjay Verma has joined Akums India as group CIO, reporting to managing director Sandeep Jain.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. Predictive Analytics. REFERENCES. [1]

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What Are the Industries That Benefit Most from Big Data?

Smart Data Collective

In 2020, the size of the global Big Data market reached 56 billion, and it’s on track to exceed 103 billion by 2027. In a report titled Analytics: The real-world use of big data in retail , IBM found that 62% of retail leaders were able to create a competitive advantage thanks to data analytics and predictions.

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Your Effective Roadmap To Implement A Successful Business Intelligence Strategy

datapine

Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Find out what is working, as you don’t want to totally scrap an already essential report or process. However, it is possible to identify some potential drawbacks and apply risk management practices in advance.