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Automating Model Risk Compliance: Model Monitoring

DataRobot Blog

In our previous two posts, we discussed extensively how modelers are able to both develop and validate machine learning models while following the guidelines outlined by the Federal Reserve Board (FRB) in SR 11-7. Monitoring Model Metrics.

Risk 59
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Automating Model Risk Compliance: Model Validation

DataRobot Blog

Last time , we discussed the steps that a modeler must pay attention to when building out ML models to be utilized within the financial institution. In summary, to ensure that they have built a robust model, modelers must make certain that they have designed the model in a way that is backed by research and industry-adopted practices.

Risk 52
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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.

IT 130
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7 ways an MBA will advance your IT career — and 5 ways it won’t

CIO Business Intelligence

“MBA programs can also help leaders hone their communication and negotiation skills while also improving their understanding of organizational behavior, strategic planning, and risk management through exposure to experienced peers and varied coursework,” Bhargava explains.

IT 119
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A Guide To Starting A Career In Business Intelligence & The BI Skills You Need

datapine

On the flip side, if you enjoy diving deep into the technical side of things, with the right mix of skills for business intelligence you can work a host of incredibly interesting problems that will keep you in flow for hours on end. They can help a company forecast demand, or anticipate fraud. There’s A Wealth Of Choice.

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COVID-19 Effects on Financial Services & Managing Risk

bridgei2i

How much will the bank’s bottom line be impacted depends on a host of unknowns. They will also need recalibrated scorecards post-COVID as the existing models will not hold. Better Forecasting and Optimization. Banks have to analyze their portfolio performance at a granular level monthly to identify dynamic risk areas.

Risk 52
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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 12: How AI is rapidly transforming the enterprise landscape in the post-COVID world

bridgei2i

Today, I will be the host for our podcast, AI to impact, which covers everything about digital and AI, featuring some remarkable thought leadership, expert point of views and commentaries from a gamut of industry leaders. Transcript. Anushruti: Hi, everyone. Thank you for tuning in. I’m Anushruti Singh. We need people who can test.