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What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. An enterprise starts by using a framework to formalize its processes and procedures, which gets increasingly difficult as data science programs grow. What Is Model Risk? Types of Model Risk.

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What Is Enterprise Architecture (EA)? – Definition, Methodology & Best Practices

erwin

It provides a visual blueprint, demonstrating the connection between applications, technologies and data to the business functions they support. And thanks to data –our need to store and process it, and the insights it provides – such change is happening faster than ever. Data Governance. Application Portfolio Management.

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Game-Changing Data Definitions You Cannot Afford to Ignore

TDAN

In today’s data-driven world, the terms “data governance” and “data stewardship” have become buzzwords, often thrown around without a clear understanding of their significance. As I define it, data governance is “the […] As I define it, data governance is “the […]

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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 7: The Impact of COVID-19 on Financial Services & Risk Management

bridgei2i

Episode 7: The Impact of COVID-19 on Financial Services & Risk. Management. The Impact of COVID-19 on Financial Services & Risk Management. Additionally, institutions are finding it difficult to forecast trends, as historical data isn’t relevant anymore. Listening time: 12 minutes.

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PODCAST: Making AI Real – Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower

bridgei2i

Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. Today the Chief Risk Officers(CROs) struggle with the critical task of monitoring and assessing key risks in real time and firefight to mitigate any critical issues that arise.

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Data Privacy vs. Data Security: Definition and Comparison

Alation

Is your data protected? Both data privacy and data security are critical to mitigate financial, reputational, and compliance risks for enterprises. Understanding the similarities and differences between data security and data privacy is key to establishing a more robust compliance program. Email address.

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What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. What is a model?

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