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ISO 20022: Are your payment systems ready?

IBM Big Data Hub

For payment systems to leverage ISO 20022, the architecture must support ISO 20022 data to those components that can leverage the expanded data set, including Fraud System, Sanctions Screening, Regulatory Reporting, and Payments Archive. Real-Time Payments and Wire Transfer).

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

Cloudera

A data-driven approach to talent management and development brings about greater transparency, reduced attrition and more effective training and enablement. Data enables Innovation & Agility. Risk Management. One of the more obvious use cases of data’s role in reducing risk is insurance policies.

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Everything You Need to Know About Project Management Dashboard

FineReport

Project management dashboards serve as dynamic visual aids, empowering project managers to effectively track project progress, identify risks, and allocate tasks to team members efficiently. These visual components play a pivotal role in project tracking and generating comprehensive reports.

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Commercial Lines Insurance- the End of the Line for All Data

Cloudera

Since the beginning of Commercial insurance as we know it today, insurers have been using data generated by other industries to assess and rate risks. In the days of Lloyd’s Coffee House , insurers gathered data about cargo, voyages, seasonal weather and the performance history of vessels and mariners to underwrite risks.

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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.

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Why Is Data Loss Prevention is Crucial for Business?

Smart Data Collective

Data loss protection comprises three significant business objectives – personal information protection, intellectual property protection, and comprehensive data usage reports. Having any of those boosts your data security. Here, DLP provides detailed reports to fulfill compliance audits. Data Usage Reports.

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Business process management (BPM) examples

IBM Big Data Hub

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.