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What is data governance? Best practices for managing data assets

CIO Business Intelligence

Data governance definition Data governance is a system for defining who within an organization has authority and control over data assets and how those data assets may be used. It encompasses the people, processes, and technologies required to manage and protect data assets.

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Back to the Financial Regulatory Future

Cloudera

From stringent data protection measures to complex risk management protocols, institutions must not only adapt to regulatory shifts but also proactively anticipate emerging requirements, as well as predict negative outcomes. This results in enhanced efficiency in compliance processes.

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Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

The integration of AI and machine learning into BI tools is revolutionizing the processing and analysis of data, propelling organizations toward more accurate forecasting and proactive decision-making. In addition to these advancements, another prominent trend in data analysis is the growing impact of data visualization.

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What is Data Lineage? Top 5 Benefits of Data Lineage

erwin

These tools range from enterprise service bus (ESB) products, data integration tools; extract, transform and load (ETL) tools, procedural code, application program interfaces (API)s, file transfer protocol (FTP) processes, and even business intelligence (BI) reports that further aggregate and transform data. Data Governance.

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Your Effective Roadmap To Implement A Successful Business Intelligence Strategy

datapine

Improved risk management: Another great benefit from implementing a strategy for BI is risk management. While privacy and security are tight to each other, there are other ways in which data can be misused and you need to make sure you are carefully considering this when building your strategies.

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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.

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What is BCBS 239 Compliance?

Octopai

It will not surprise you to learn all 11 of the bank-relevant principles are related to data in some form or fashion. Here’s a sampling: – Principle 1 covers data governance, including “a firm’s policies on data confidentiality, integrity, and availability, as well as risk-management policies.”.