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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.

Risk 111
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Where Programming, Ops, AI, and the Cloud are Headed in 2021

O'Reilly on Data

In this report, we look at the data generated by the O’Reilly online learning platform to discern trends in the technology industry—trends technology leaders need to follow. Look at all the angst heating up social media when TIOBE or RedMonk releases their reports on language rankings. But what are “trends”? And that’s unfortunate.

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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 breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. In this blog post, we discuss the key statistics and prevention measures that can help you better protect your business in 2021.

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10 hottest IT jobs for salary growth in 2023

CIO Business Intelligence

This demand for skilled IT workers is reflected in the rising average salaries of certain job titles as companies compete for top talent, according to data from the 2023 Dice Tech Salary Report. percent since 2021, according to Dice. Average salary: US$120,653 Increase since 2021: 15.6%

IT 139
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Cloudera wins Risk Markets Technology Award for Data Management Product of the year

Cloudera

Financial services institutions need the ability to analyze and act on massive volumes of data from diverse sources in order to monitor, model, and manage risk across the enterprise. They need a comprehensive data and analytics platform to model risk exposures on-demand. Cloudera is that platform. End-to-end Data Lifecycle.

Risk 87
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DataOps Observability: Taming the Chaos (Part 4)

DataKitchen

In a 2021 survey of 600 data professionals, responses suggested an overwhelming majority are calling for relief. In the survey, 97% reported experiencing burnout, 91% reported frequent requests for analytics with unrealistic or unreasonable expectations, and 87% reported getting blamed when things go wrong. .

Testing 130
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Five Trends for the Financial Services Industry to Track in 2021

Cloudera

2021 is going to be the year when the financial services industry reckons with how these changes will play out, impacting business operations, processes, new technologies, and, of course, new regulations. Trend #1: The Crossroads of Risk Management and Emerging Technology.