IBM Big Data Hub

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. Similarly, in the U.S.

Risk Management 77

Risk Management Risk Enterprise Business Services 77

Cloudera

AUGUST 12, 2021

By using Cloudera’s big data platform to harness IoT data in real-time to drive predictive maintenance and improve operational efficiency, the company has realized about US$25 million annually in new profit resulting from better efficiency of working sites. . Risk Management. Conclusion.

Data-driven 109

Data-driven Manufacturing Insurance Risk Management 109

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. The query to generate this chart has similar performance metrics as the preceding chart.

Data Warehouse 126

Data Warehouse Dashboards Risk Management Risk 126

IBM Big Data Hub

JANUARY 16, 2024

What generative AI has done is open a new world of innovations that can help personalize financial planning and investment management. One example of this is in insurance. Learn more about hybrid cloud for financial services Trend: Cybersecurity risk management AI brings about more challenges, especially when it comes to cyber risks.

Risk Management 49

Risk Management Insurance Cost-Benefit Risk 49

IBM Big Data Hub

MAY 28, 2024

Data breach victims also frequently face steep regulatory fines or legal penalties. Government regulations, such as the General Data Protection Regulation (GDPR), and industry regulations, such as the Health Insurance Portability and Accounting Act (HIPAA), oblige companies to protect their customers’ personal data.

Strategy 54

Strategy Measurement Risk Cost-Benefit 54

CIO Business Intelligence

APRIL 28, 2022

Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. Particularly in Asia Pacific , revenues for big data and analytics solutions providers hit US$22.6bn in 2020 , with financial services companies ranking among their biggest clients.

Analytics 98

Analytics Insurance Big Data Uncertainty 98

IBM Big Data Hub

OCTOBER 9, 2023

Even if it adheres to a lot of regulatory practices, for the 13th year in a row, the healthcare industry reported the most expensive data breaches, at an average cost of USD 10.93 This helps the risk control and limits the probability of the occurrence of data leaks or cyberattacks.

Risk Management 80

Risk Management Risk Management Measurement 80

IBM Big Data Hub

FEBRUARY 15, 2024

” Ocean acidification: Marine life is also at risk from ocean acidification, stemming from greenhouse gas emissions and the greater concentration of carbon dioxide in the atmosphere. Most of those at risk of climate change-linked hunger are in Sub-Saharan Africa, South Asia and Southeast Asia, according to the World Bank.

Insurance 62

Insurance Risk Strategy Risk Management 62

IBM Big Data Hub

FEBRUARY 13, 2024

Healthcare, insurance and education are more hesitant due to the legal and compliance efforts to which they must adhere—and the lack of insight, transparency and regulation in generative AI. Project management and operations : Generative AI tools can support project managers with automation within their platforms.

Enterprise 122

Enterprise Modeling Testing Data-driven 122

bridgei2i

MAY 20, 2020

Tourism and Hospitality are also largely affected, but in FS, insurance, and CPG, the impact is moderate. And since they involve making better decisions using data-driven insights, AI & Analytics led applications are leading the way forward. Today we have with us Muthu Kumar, Senior VP and Region Head, APAC & ME at BRIDGEi2i.

Enterprise 98

Enterprise B2B Digital Transformation Insurance 98

IBM Big Data Hub

JULY 7, 2023

Such mobile devices increase risk because they are authenticated and authorized in different ways and introduce new endpoints that need protection from cyber threats. Use dedicated data security software. Ensuring that permissions are removed when no longer needed lessens the security risk. Manage third-party-related risks.

Risk 40

Risk Data Governance Data Lake Data-driven 40

IBM Big Data Hub

FEBRUARY 8, 2024

” European Parliament News The EU AI Act in brief The primary focus of the EU AI Act is to strengthen regulatory compliance in the areas of risk management, data protection, quality management systems, transparency, human oversight, accuracy, robustness and cyber security.

Risk Management 76

Risk Management Risk Metrics Machine Learning 76

CIO Business Intelligence

DECEMBER 7, 2022

Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. Megan Duty, VP of technology and project delivery, Puritan Life Insurance Company of America. We’re nowhere near the saturation point,” says IDC’s Minton.

IT 132

IT Insurance Cost-Benefit Risk Management 132

IBM Big Data Hub

SEPTEMBER 14, 2023

insurance, banking, healthcare, etc.)—to insurance underwriting, claims processing, payment processing, fraud detection, medical data processing, etc.) Additionally, enterprises often partner with managed service providers that have a centralized cloud location but must access resources distributed across multiple clouds.

Insurance 74

Insurance Data Processing Enterprise Risk 74

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.

Risk 55

Risk Machine Learning Risk Management Measurement 55

bridgei2i

APRIL 9, 2019

For a more detailed outlook on fraud prevention, read our blog on How Analytics Can Protect Insurers from Fraud. It allows Big Data usage, enhances the speed of the system with a combination of algorithms, and offers greater accuracy due to automation. Financial Advisory Services. The Future.

Unstructured Data 69

Unstructured Data Sales Data-driven Finance 69

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. As the article explains, data science is set apart from other business functions by two fundamental aspects: Relatively low costs for exploration.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

bridgei2i

MAY 21, 2019

For a more detailed outlook on fraud prevention, read our blog on How Analytics Can Protect Insurers from Fraud. It allows Big Data usage, enhances the speed of the system with a combination of algorithms, and offers greater accuracy due to automation. Financial Advisory Services. The Future.

Unstructured Data 40

Unstructured Data Sales Data-driven Finance 40

Cloudera

DECEMBER 14, 2022

OCBC Bank optimizes customer experience & risk management with multi-phased data initiative. The company recently migrated to Cloudera Data Platform (CDP ) and CDP Machine Learning to power a number of solutions that have increased operational efficiency, enabled new revenue streams and improved risk management.

Data Strategy 79

Data Strategy Strategy IT Contextual Data 79

AWS Big Data

AUGUST 14, 2023

At the same time, unstructured approaches to data mesh management that don’t have a vision for what types of products should exist and how to ensure they are developed are at high risk of creating the same effect through simple neglect. When do new data products get created, and who is allowed to create them?

Management 83

Management Risk Measurement Optimization 83

Andrew White

JANUARY 11, 2021

As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. But we also know not all data is equal, and not all data is equally valuable. Some data is more a risk than valuable. Value Management or monetization. Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52