article thumbnail

4 steps to improving your ESG risk management to increase financial performance

IBM Big Data Hub

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. Focusing on ESG Risk Management can help your organization become more profitable, and your organization can start on this journey today. Collaborate with suppliers.

article thumbnail

How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

Nowadays, terms like ‘Data Analytics,’ ‘Data Visualization,’ and ‘Big Data’ have become quite popular. In this modern age, each business entity is driven by data. Data analytics are now very crucial whenever there is a decision-making process involved. The Role of Big Data.

Big Data 141
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

Are you frustrated by an increase in the quantity of the data that your organization handles? Many businesses globally are dealing with big data which brings along a mix of benefits and challenges. A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025.

article thumbnail

Retail Metrics that Not Enough Data-Driven Entrepreneurs Track

Smart Data Collective

Retailers around the world are discovering that big data can be incredibly valuable to their bottom lines. A growing number of businesses are starting to look for new data-driven approaches to streamline their business models. There are many excellent metrics you can monitor to help you grow your business and meet your goals.

article thumbnail

4 smart technologies modernizing sourcing strategy

IBM Big Data Hub

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. However, due to their symbiosis, sourcing and procurement strategies often share similar initiatives, business goals and metrics.

Strategy 105
article thumbnail

Combine transactional, streaming, and third-party data on Amazon Redshift for financial services

AWS Big Data

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.

article thumbnail

The journey to a mature asset management system

IBM Big Data Hub

Mobile-connected technicians experience improved safety through measures such as access control, gas detection, warning messages or fall recognition, which reduces risk exposure and enhances operational risk management (ORM) during work execution.