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

AWS Big Data

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. The solution should be scalable, cost-efficient, and straightforward to adopt and operate.

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AI Helps Mitigate These 5 Major Supplier Risks

Smart Data Collective

Companies are using AI to better understand their customers, recognize ways to manage finances more efficiently and tackle other issues. Since AI has proven to be so valuable, an estimated 37% of companies report using it. AI is particularly helpful with managing risks. Price and Cost Risk. Quality Risk.

Risk 133
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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently. The company, which reported net revenues of $3.6

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7 steps for turning shadow IT into a competitive edge

CIO Business Intelligence

There are ample reasons why 77% of IT professionals are concerned about shadow IT, according to a report from Entrust. Still, there is a steep divide between rogue and shadow IT, which came under discussion at a recent Coffee with Digital Trailblazers event I hosted.

IT 135
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SOX Compliance Guide

Jet Global

With multitudes of regulations surrounding everything from reporting to data security, organizations can quickly become overwhelmed. This requirement includes establishing financial reporting standards, ensuring data security controls, monitoring attempted breaches, keeping track of electronic records for audits, and demonstrating compliance.

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Simplifying IAM through orchestration

IBM Big Data Hub

The 2024 report showed a 71% increase in valid identities used in cyberattacks year-over-year. As a result, the interpretation of the varied risk signals is siloed across different events along the digital user journey. Orchestration solutions improve the efficacy and efficiency of risk management along digital user journeys.

Risk 85
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Business continuity vs. disaster recovery: Which plan is right for you?

IBM Big Data Hub

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. Lower financial risk: According to IBM’s recent Cost of Data Breach Report, the average cost of a data breach was USD 4.45