Cloudera

FEBRUARY 15, 2024

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.

Insurance 90

Insurance Data Architecture Risk Management Risk 90

Cloudera

SEPTEMBER 7, 2023

Perhaps the biggest challenge of all is that AI solutions—with their complex, opaque models, and their appetite for large, diverse, high-quality datasets—tend to complicate the oversight, management, and assurance processes integral to data management and governance. AI-ify risk management.

Insurance 85

Insurance Risk Data-driven Finance 85

CIO Business Intelligence

APRIL 28, 2022

Its success is one of many instances illustrating how the financial services industry is quickly recognizing the benefits of data analytics and what it can offer, especially in terms of risk management automation, customized experiences, and personalization. . million in insurance fraud in just 7 months. .

Analytics 87

Analytics Insurance Big Data Uncertainty 87

Smart Data Collective

SEPTEMBER 25, 2019

million penalty for violating the Health Insurance Portability and Accountability Act, more commonly known as HIPAA. Whether you work remotely all the time or just occasionally, data encryption helps you stop information from falling into the wrong hands. It Supports Data Integrity.

Technology 84

Technology Statistics Strategy Insurance 84

CIO Business Intelligence

APRIL 12, 2022

Even though Nvidia’s $40 billion bid to shake up enterprise computing by acquiring chip designer ARM has fallen apart, the merger and acquisition (M&A) boom of 2021 looks set to continue in 2022, perhaps matching the peaks of 2015, according to a report from risk management advisor Willis Towers Watson. Precisely buys PlaceIQ.

Technology 142

Technology Enterprise Consulting Software 142