article thumbnail

As insurers look to be more agile, data mesh strategies take centerstage

CIO Business Intelligence

In this way, data may just be the ultimate disruptor – a fact that the insurance industry knows all too well. As data volumes continue to increase alongside a correlating number of business requests, modern insurance data leaders face a nuanced set of challenges. To learn more, visit us here.

article thumbnail

Don’t Fear Artificial Intelligence; Embrace it Through Data Governance

CIO Business Intelligence

Data-centric AI is evolving, and should include relevant data management disciplines, techniques, and skills, such as data quality, data integration, and data governance, which are foundational capabilities for scaling AI. Addressing the Challenge.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Benefits and Challenges Advancing Data Maturity in the World of Insurance

Data Virtualization

Reading Time: 3 minutes Insurers are constantly challenged with compliance requirements changes, most of which heavily rely on excellent data management. It is crucial for insurers to examine their current data management practices with a critical eye and assess if they are setup to.

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. Well, sort of.

article thumbnail

The Missing Link in Enterprise Data Governance: Metadata

Octopai

Steve, the Head of Business Intelligence at a leading insurance company, pushed back in his office chair and stood up, waving his fists at the screen. We’re dealing with data day in and day out, but if isn’t accurate then it’s all for nothing!” Enterprise data governance. Metadata in data governance.

article thumbnail

Compliance by Design: A How-To Primer

Data Virtualization

Facing a range of regulations covering privacy, such as the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA), to financial regulations such as Dodd-Frank and Basel II, to.

article thumbnail

Four Use Cases Proving the Benefits of Metadata-Driven Automation

erwin

Organization’s cannot hope to make the most out of a data-driven strategy, without at least some degree of metadata-driven automation. The volume and variety of data has snowballed, and so has its velocity. As such, traditional – and mostly manual – processes associated with data management and data governance have broken down.