Remove Data Enablement Remove Management Remove Modeling Remove Risk Management
article thumbnail

ISO 20022: Are your payment systems ready?

IBM Big Data Hub

ISO 20022 data improves payment efficiency The impact of ISO 20022 on payment systems data is significant, as it allows for more detailed information in payment messages. ISO 20022 drives improved analytics and new revenue opportunities ISO 20022 enables more sophisticated payment analytics by providing a richer data set for analysis.

article thumbnail

The Foundations of a Modern Data-Driven Organisation: Change from Within (part 2 of 2)

Cloudera

However, the important role data occupies extends beyond customer experience and revenue, as it becomes increasingly central in optimizing internal processes for the long-term growth of an organization. Collecting workforce data as a tool for talent management. Data enables Innovation & Agility. Conclusion.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to use DSPM to reduce cloud storage costs: a guide on how to identify and delete redundant, obsolete, or trivial data in cloud environments using DSPM tools

Laminar Security

In the age of cloud computing, data security and cost management are paramount for businesses. Data Security Posture Management (DSPM) serves as a critical tool in this landscape, offering businesses a way to keep their data secure while also managing their cloud storage costs effectively.

article thumbnail

Best Practices for Data Catalog Implementation

Octopai

For business users Data Catalogs offer a number of benefits such as better decision-making; data catalogs provide business users with quick and easy access to high-quality data. This availability of accurate and timely data enables business users to make informed decisions, improving overall business strategies.

article thumbnail

Business process management (BPM) examples

IBM Big Data Hub

Business Process Management (BPM) is a systematic approach to managing and streamlining business processes. Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. BPM is often confused with other seemingly similar initiatives.

article thumbnail

Back to the Financial Regulatory Future

Cloudera

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk.

article thumbnail

The Power of Ontologies and Knowledge Graphs: Practical Examples from the Financial Industry

Ontotext

These two key data elements are used in approximately 80% of the use cases in the sector. It is reused in modeling the publication of entity data or regulatory-mandated data exchange, as seen in the example provided below. This makes it easier to manage and update information as the industry changes.