IBM Big Data Hub

APRIL 18, 2023

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.

Risk Management 117

Risk Management Cost-Benefit Risk Data-driven 117

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. . Data enables Innovation & Agility. Risk Management.

Data-driven 108

Data-driven Manufacturing Insurance Risk Management 108

Laminar Security

DECEMBER 22, 2023

This type of data, which often accumulates unnoticed, can significantly inflate cloud storage costs. By using DSPM tools to pinpoint and remove ROT data, businesses can both reduce their storage needs and also streamline their operations while minimizing the risk of data breaches.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

Octopai

JUNE 19, 2023

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.

Metadata 88

Metadata Data Governance Measurement Risk Management 88

Cloudera

FEBRUARY 15, 2024

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.

Insurance 84

Insurance Data Architecture Risk Management Risk 84

IBM Big Data Hub

APRIL 4, 2024

Benefits: Automated claim processing Reduced processing times Enhanced visibility Compliance and risk management By automating routine tasks and implementing predefined rules, BPM enables timely compliance with regulatory requirements and internal policies. In fact, BPM can be used to improve the project management process.

Management 59

Management Cost-Benefit Metrics Consulting 59

Ontotext

MAY 5, 2023

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.

Data Collection 64

Data Collection Risk Data-driven Interactive 64