IBM Big Data Hub

MARCH 20, 2024

This is evident from emerging regulatory requirements and expectations in UK (Bank of England’s Critical Third-Party regime), Europe (Digital Operational Resilience Act)), Australia (APRA CPS-230 Operational Risk Management) and Canada (OSFI – Operational Resilience and Operational Risk Management), etc.

Risk Management 74

Risk Management Risk Enterprise Business Services 74

IBM Big Data Hub

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.

Cost-Benefit 56

Cost-Benefit Risk Management Risk Digital Transformation 56

Cloudera

JULY 29, 2022

Corporations are generating unprecedented volumes of data, especially in industries such as telecom and financial services industries (FSI). However, not all these organizations will be successful in using data to drive business value and increase profits. Is yours among the organizations hoping to cash in big with a big data solution?

Data Architecture 86

Data Architecture Data Strategy Risk Management Strategy 86

IBM Big Data Hub

JANUARY 16, 2024

Therefore, financial institutions need to keep an eye on digital transformations and the integrations needed to support growth and competitiveness in a curated hybrid cloud environment. Mitigation efforts and having the proper risk management tools will be vitally important as threats increase.

Risk Management 49

Risk Management Insurance Cost-Benefit Risk 49

bridgei2i

MAY 20, 2020

But because of COVID-19, digital transformation is helping B2B models trying to replicate successful B2C models. And since they involve making better decisions using data-driven insights, AI & Analytics led applications are leading the way forward. Anushruti: Right. Let’s see it from B2C and B2B perspective.

Enterprise 98

Enterprise B2B Digital Transformation Insurance 98

erwin

AUGUST 20, 2020

In the age of data-driven business, the most common EA use cases are: Digital Transformation. Data Governance. EA provides context and perspective as to how and where data is used, including the applications, policies and processes that leverage it. Data Security & Risk Management.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

erwin

APRIL 2, 2021

While sometimes at rest in databases, data lakes and data warehouses; a large percentage is federated and integrated across the enterprise, management and governance issues that must be addressed. And knowing the business purpose translates into actively governing personal data against potential privacy and security violations.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

IBM Big Data Hub

DECEMBER 14, 2023

IBM is supporting clients across industries in their cybersecurity journey by providing comprehensive security capabilities to help make it easier to simplify their risk management and demonstrate regulatory compliance postures.

Risk 84

Risk Enterprise Digital Transformation Risk Management 84

IBM Big Data Hub

FEBRUARY 13, 2024

Another way to use strategic sourcing methods to reduce costs is through digital transformation , such as automating manual processes. It also can help optimize transportation costs and service-level agreements as well as improve inventory management and visibility.

Cost-Benefit 80

Cost-Benefit Scorecard Risk Recreation/Entertainment 80

IBM Big Data Hub

DECEMBER 4, 2023

Risk management To make underwriting decisions related to property, insurance companies gather a significant amount of external data, including the property data provided in insurance application forms, historical records of floods, hurricanes, fire incidents and crime statistics for the specific location of the property.

Insurance 54

Insurance Digital Transformation Risk Management Interactive 54

Cloudera

MARCH 18, 2021

A single, enterprise-wide platform or coordinated approach for storing and maintaining data can facilitate alignment between the front office, risk management, and finance, setting the stage for a more seamless transition.

Risk 55

Risk Machine Learning Risk Management Measurement 55

IBM Big Data Hub

SEPTEMBER 18, 2023

However the payment is being made, the payment system’s IT architecture needs to securely manage the key functions, including payments processing, clearing and settlement, risk management, integration and connectivity, and analytics and reporting.

Risk 71

Risk Cost-Benefit Digital Transformation Risk Management 71

IBM Big Data Hub

JANUARY 30, 2024

Build a zero-trust security approach According to a recent IBM IBV study , the average organization uses more than eight to nine cloud infrastructure environments at any given time, increasing the risk of security threats from bad actors and putting sensitive data at risk. What are the challenges of multicloud?

Strategy 93

Strategy Cost-Benefit Risk Optimization 93

IBM Big Data Hub

AUGUST 1, 2023

“Enterprises need to accelerate digital transformation while giving their workforce the flexibility to work on any device from anywhere in the world. In doing so, it is vital to protect the company’s systems, intellectual property and sensitive data—all without interrupting business performance.

Digital Transformation 64

Digital Transformation Risk Data Processing Enterprise 64

BizAcuity

MARCH 31, 2022

By 2025, 80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance. of organizations who participated in an executive survey back in 2019 claimed they are going to be investing in big data and AI. Source: Gartner Research). Source: TCS).

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Cloudera

NOVEMBER 18, 2021

As a bank that understands the future of financial services as data-driven, Bank of the West chose to adopt the Cloudera platform as the linchpin of its digital transformation. In doing so, Bank of the West has modernized and centralized its Big Data platform in just one year. Industry Transformation.

Data Lake 76

Data Lake Cost-Benefit Digital Transformation Risk 76

IBM Big Data Hub

DECEMBER 4, 2023

Migrating to Oracle requires thorough planning whether a business intends to adopt the platform for the management of a single process—such as finance or human resources—or migrate the entire organization’s operations into the cloud.

Testing 74

Testing Consulting Digital Transformation Cost-Benefit 74

IBM Big Data Hub

MAY 17, 2024

By using machine learning algorithms and big data analytics, AI can uncover patterns, correlations and trends that might escape human analysts. These capabilities can help businesses make informed decisions, improve operational efficiencies, and identify opportunities for growth. The

B2B 66

B2B Interactive Optimization Forecasting 66

IBM Big Data Hub

JULY 27, 2023

Risk management : Because EAM offers a comprehensive view of all critical assets, it can be an invaluable tool for identifying potential risks, empowering companies to take preemptive steps to avoid accidents and operational disruptions. It can also significantly increase uptime and lifespan.

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

IBM Big Data Hub

APRIL 4, 2024

Benefits: Automated claim processing Reduced processing times Enhanced visibility Compliance and risk management By automating routine tasks and implementing predefined rules, BPM enables timely compliance with regulatory requirements and internal policies.

Management 55

Management Cost-Benefit Metrics Consulting 55

bridgei2i

APRIL 9, 2019

Introducing innovative technologies such as Artificial Intelligence(AI) can help the financial sector to automate various processes, manage financial advisory services, and reduce the cost of various business expenses. Although the digital transformation of enterprises may seem challenging, it is not impossible. The Future.

Unstructured Data 69

Unstructured Data Sales Data-driven Finance 69

bridgei2i

MAY 21, 2019

Introducing innovative technologies such as Artificial Intelligence(AI) can help the financial sector to automate various processes, manage financial advisory services, and reduce the cost of various business expenses. Although the digital transformation of enterprises may seem challenging, it is not impossible. The Future.

Unstructured Data 40

Unstructured Data Sales Data-driven Finance 40

AWS Big Data

AUGUST 14, 2023

Trunk (core data products) – Core data products are those that are central to the organization’s ability to function, and from which the majority of other data products are derived. Organizational governance for these data products typically favors availability and data accuracy over agility.

Management 81

Management Risk Measurement Optimization 81

Andrew White

JANUARY 11, 2021

What are you seeing as the differences between a Chief Analytics Officer and the Chief Data Officer? Value Management or monetization. Risk Management (most likely within context of governance). Product Management. Saul Judah is our main person focusing on D&A risk management. Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52