article thumbnail

Data Governance Program: Ensuring a Successful Delivery

Alation

According to analysts, data governance programs have not shown a high success rate. According to CIOs , historical data governance programs were invasive and suffered from one of two defects: They were either forced on the rank and file — who grew to dislike IT as a result. The Risks of Early Data Governance Programs.

article thumbnail

IBM’s watsonx.governance takes aim at AI auditing

CIO Business Intelligence

watsonx.governance is a toolkit for governing generative AI and machine learning models. It focuses on three core areas of documentation: compliance, risk management, and model lifecycle management — processes IBM says are intertwined. Artificial Intelligence, Data Governance, Generative AI, IBM

Risk 110
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

7 steps for turning shadow IT into a competitive edge

CIO Business Intelligence

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 133
article thumbnail

How Your Finance Team Can Lead Your Enterprise Data Transformation

Alation

They enjoy improved governance, which follows from documenting ownership of business terms and formulas. And, by implementing continuous data reviews, finance teams better support compliance and risk management. In many ways, the catalog is a foundational platform for human collaboration around trusted data.

Finance 52
article thumbnail

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.

article thumbnail

What is Integrated Business Planning (IBP)?

IBM Big Data Hub

Risk management IBP facilitates proactive risk management by considering various scenarios and identifying potential risks and opportunities. By analyzing data and conducting what-if analyses, companies can develop contingency plans and mitigate risks before they materialize.

article thumbnail

Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

Financial Services Optimization : In the financial services sector, a major institution leveraged a sophisticated BI platform to analyze market trends, customer behavior, and risk management strategies. This framework ensures that data remains accurate, consistent, and secure across all levels of the organization.