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

Cloudera

Risk Management. A 2019 HBR article mentioned how organizational decisions backed by data have instilled more confidence and reduced risk. One of the more obvious use cases of data’s role in reducing risk is insurance policies. Conclusion.

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Cloudera wins Risk Markets Technology Award for Data Management Product of the year

Cloudera

Cloudera comprehensively supports the demanding risk and compliance requirements of financial services and insurance organizations globally and it is an honor to receive this recognition. Supporting the industry’s risk data depository and data management needs. Shared Data Experience (SDX).

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Will Data Privacy drive an Enterprise Data Strategy?

Cloudera

The protection and controls around data become increasingly complex when used in the context of banking and insurance activities. Personal and confidential information carries heightened sensitivity in the light of financial, health and insurance activities. The post Will Data Privacy drive an Enterprise Data Strategy?

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BI Data Lineage Solutions: Your Trusted Guide For Success

Octopai

By adopting automated data lineage and automated metadata tagging, companies have the opportunity to increase their data processing speed. That increase can manage huge endeavors, such as migrations, error location, and new data governance integrations which then become “routine” operations.

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Data protection strategy: Key components and best practices

IBM Big Data Hub

Data breach victims also frequently face steep regulatory fines or legal penalties. Government regulations, such as the General Data Protection Regulation (GDPR), and industry regulations, such as the Health Insurance Portability and Accounting Act (HIPAA), oblige companies to protect their customers’ personal data.

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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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Data security: Why a proactive stance is best

IBM Big Data Hub

Ensuring that permissions are removed when no longer needed lessens the security risk. Manage third-party-related risks. These include vendors, contractors and other outside individuals with access to your organization’s data.

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