CIO Business Intelligence

MARCH 18, 2024

Like Gudipati and Nafde, Menon and her team are planning to use hyperscalers as a relatively low-risk option. Though a multicloud environment, the agency has most of its cloud implementations hosted on Microsoft Azure, with some on AWS and some on ServiceNow’s 311 citizen information platform.

Risk 133

Risk Cost-Benefit Data Processing Testing 133

CIO Business Intelligence

FEBRUARY 7, 2023

The chat brought together a host of security consultants and practitioners who weren’t shy about weighing in with their thoughts on a series of questions around the main topic: how to remain secure during cloud migrations. The #cloud service providers make it very clear. They post it on their web site. They share it in their portal.

Data Processing 119

Data Processing Risk Management Risk Consulting 119

CIO Business Intelligence

NOVEMBER 21, 2023

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 137

IT Risk Cost-Benefit Risk Management 137

Cloudera

OCTOBER 20, 2021

Since then, a further update has been made to the BIS stress testing principles that continues to emphasize the importance of scenarios in better understanding risk. . When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers. Assess Variables.

Risk 82

Risk Modeling Risk Management Measurement 82

erwin

MARCH 25, 2021

erwin recently hosted the second in its six-part webinar series on the practice of data governance and how to proactively deal with its complexities. Risk Management and Regulatory Compliance. Risk management, specifically around regulatory compliance, is an important use case to demonstrate the true value of data governance.

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

CIO Business Intelligence

MARCH 14, 2024

“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 126

IT Strategy Digital Transformation Risk Management 126

O'Reilly on Data

MAY 18, 2020

Materiality is a widely used concept in the world of model risk management , a regulatory field that governs how financial institutions document, test, and monitor the models they deploy. NIST’s Computer Security Incident Handling Guide which, while not tailored to the risks of AI specifically, provides one good starting point.

Risk 359

Risk Modeling Data Processing Software 359

IBM Big Data Hub

FEBRUARY 22, 2024

Data sovereignty: The importance of privacy and residency As clients address data residency requirements, we are helping them as they manage customer data in region and specific geographies, and in the location of their choice. This allows them to protect what matters most and to host workloads in a secure environment.

Enterprise 79

Enterprise Risk Data Processing Business Driver 79

IBM Big Data Hub

SEPTEMBER 18, 2023

However the payment is being made, the payment system’s IT architecture needs to securely manage the key functions, including payments processing, clearing and settlement, risk management, integration and connectivity, and analytics and reporting.

Risk 77

Risk Cost-Benefit Digital Transformation Risk Management 77

CIO Business Intelligence

OCTOBER 4, 2023

These applications live on innumerable servers, yet some technology is hosted in the public cloud. User data is also housed in this layer, including profile, behavior, transactions, and risk. Technological layers To make all these strategic areas flow as smoothly as possible, PayPal’s technology is organized into four main layers.

Digital Transformation 132

Digital Transformation Deep Learning Data Lake Risk 132

CIO Business Intelligence

SEPTEMBER 20, 2023

Assists will be counted regardless of whether an enterprise uses ServiceNow’s LLM, one hosted by a provider such as OpenAI, or one of its own, and once the bundle is used up, enterprises will have to pay again. We’re very generous when it comes to the number of assists that you get,” Sigler said.

Cost-Benefit 111

Cost-Benefit Software Finance Interactive 111

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector.

Cost-Benefit 80

Cost-Benefit Testing Strategy Risk Management 80

CIO Business Intelligence

APRIL 14, 2023

Involving IT and innovation groups can help show that the policy isn’t just a clamp-down from a risk management perspective, but a balanced set of recommendations that seek to maximize productive use and business benefit while at the same time manage business risk.

Risk 122

Risk Experimentation Marketing Risk Management 122

Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

Risk 99

Risk Optimization Management Insurance 99

IBM Big Data Hub

AUGUST 1, 2023

Dizzion, an innovator in the Managed Desktop as a Service (DaaS) industry, hosts its managed desktop offering on IBM Cloud to help enterprises manage their workforce. With its decades-long history of delivering electronic design innovation and offering hosted design services, Cadence Design Systems, Inc.

Digital Transformation 67

Digital Transformation Risk Data Processing Enterprise 67

IBM Big Data Hub

FEBRUARY 8, 2024

1 Slowly but surely, institutional investors started to recognize that companies could potentially improve financial performance and risk management by focusing on ESG issues like greenhouse gas emissions. The total—$639 billion—shed light on how shareholders were starting to invest out of principle versus strictly profit.

Measurement 85

Measurement Metrics Reporting Strategy 85

erwin

APRIL 2, 2021

While sometimes at rest in databases, data lakes and data warehouses; a large percentage is federated and integrated across the enterprise, management and governance issues that must be addressed. From risk management and regulatory compliance to innovation and digital transformation, you need data intelligence.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

CIO Business Intelligence

OCTOBER 11, 2022

systems uptime guarantee, they maintain three copies of data at all times in different data centres, provide automatic access to backup servers to minimise downtime, and host apps on at least two servers in case of hardware failure. Leading public cloud providers generally offer a 99.9%

Cost-Benefit 59

Cost-Benefit IT Risk Management Data Processing 59

IBM Big Data Hub

DECEMBER 4, 2023

Risk management To make underwriting decisions related to property, insurance companies gather a significant amount of external data, including the property data provided in insurance application forms, historical records of floods, hurricanes, fire incidents and crime statistics for the specific location of the property.

Insurance 56

Insurance Digital Transformation Risk Management Risk 56

O'Reilly on Data

DECEMBER 12, 2019

In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. While our analysis of each method may appear technical, we believe that understanding the tools available, and how to use them, is critical for all risk management teams.

Machine Learning 191

Machine Learning Modeling Testing Risk Management 191

CIO Business Intelligence

SEPTEMBER 29, 2022

New York-based insurance provider Travelers, with 30,000 employees and 2021 revenues of about $35 billion, is in the business of risk. Managing all of its facets, of course, requires many different approaches and tools to achieve beneficial outcomes, and Mano Mannoochahr, the companyâ??s

Machine Learning 134

Machine Learning Insurance Technology Software 134

CIO Business Intelligence

JULY 13, 2023

To fulfill this, companies can be transparent about their strategies and risk management. Cloud hosting also enables remote work, eliminating the need for employees to be at a physical office, using additional energy, power, and resources. Governance. One example of a company that’s paving the way for ESG efforts is Google.

IT 98

IT Internet of Things Strategy IoT 98

Smart Data Collective

FEBRUARY 2, 2021

Web hosts, for example, should serve as an online business’s first line of defense with essential security features such as access restrictions, network monitoring, SSL encryption, and malware identification and removal services. Yet many more affordable web hosts lack several of these features.

Data Processing 66

Data Processing Risk Uncertainty Strategy 66

BizAcuity

JULY 26, 2021

The hybrid cloud option gives the privilege to organizations to host their core, business-critical, and sensitive data on their private(on-premise servers) while shifting the remaining data and applications to the public cloud. Improved security and risk management. Reduced costs .

IT 52

IT Cost-Benefit Data Processing Risk 52

Smart Data Collective

OCTOBER 26, 2023

Specialists foster a culture of security awareness within the company by hosting training sessions and making educational resources available. Subjects such as incident response, risk management, access control, and cryptography fall under this category. One must be well-versed in both incident response and digital forensics.

Technology 94

Technology Risk Measurement IoT 94

CIO Business Intelligence

JUNE 22, 2022

AssuredPartners is a full-service insurance broker providing commercial insurance, risk management, and employee benefits. Are the platforms with SaaS providers or hosted in-house? The company, which has more than 8,500 employees, plans to continue growing by acquisition, and consolidating the global insurance market.

IT 105

IT Insurance Cost-Benefit Risk Management 105

Smart Data Collective

APRIL 16, 2021

To help you tackle the perils of email, PEI is hosting a webinar on email security, which is highly recommended for anyone who wants to protect their business from cyber threats. In case you didn’t know, PEI is one of the leading managed IT service providers that cater to businesses of all sizes.

Enterprise 144

Enterprise Data-driven Data Processing Risk 144

CIO Business Intelligence

MARCH 13, 2024

Today, SAP has dozens of different gen AI tools, hosted in a company-wide platform, that allow employees to create content, graphics, and more. It’s not about reducing headcount, he adds. It’s about increasing coverage and productivity so an individual can support more customers at a faster pace.

IT 128

IT Consulting Testing Cost-Benefit 128

CIO Business Intelligence

MARCH 9, 2023

“Proactively manage software maintenance and support renewals, as well as SaaS renewals, and allow enough time to truly evaluate how these deals fit your technology roadmap.” Build a holistic service delivery view and consider factors beyond cost such as performance, efficiency, and risk management,” Fong says.

Cost-Benefit 115

Cost-Benefit Risk Uncertainty Technology 115

DataRobot Blog

JUNE 27, 2022

Based upon the type of model deployed (classification vs. regression), there are a host of metrics we may use to quantify how accurate the prediction is. Combined, telemetry on accuracy and data drift empowers the modeler to manage model risk for their organization, and thereby minimize the potential adverse impacts of a deployed ML model.

Risk 59

Risk Modeling Metrics Measurement 59

Laminar Security

NOVEMBER 16, 2023

You can then use CSPM to check if your cloud resources that host or access this data are securely configured and comply with the relevant regulations or standards. How can the integration of DSPM with other cloud security tools benefit IT risk management and cloud architecture?

Risk 59

Risk Cost-Benefit Dashboards Management 59

bridgei2i

MAY 20, 2020

He has worked for brands like GE, Amazon, Citibank, Standard Chartered, and a host of start-ups like BankBazaar. Also, if you think of big ticket, B2C businesses like wealth management, advisory firms; they are also moving to more digital processes. It’s a pleasure to have you with us today. Muthu: It’s my pleasure.

Enterprise 98

Enterprise Digital Transformation B2B Insurance 98

DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses. Conclusion.

Risk 52

Risk Modeling Metrics Business Objectives 52

Smart Data Collective

JULY 25, 2019

They use VPS hosting and a dedicated seedbox in Netherlands , which reduces the risk that a hacker could conduct a DDoS attack and can provide better encryption. You need to always consider the possibility that hackers will steal data from legitimate companies that you do business with. The GDPR can’t do anything to prevent that.

Risk 80

Risk Cost-Benefit Data Processing Measurement 80

bridgei2i

APRIL 23, 2020

How much will the bank’s bottom line be impacted depends on a host of unknowns. One of the specific AI use case in FS has been Fraud Management, which triggers alerts when seemingly contradictory spending patterns are observed. BRIDGEi2i implemented a fraud-monitoring-and-prevention solution for a leading US bank. Learn MORE. “We

Risk 52

Risk Management Scorecard Forecasting 52

datapine

MARCH 31, 2022

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. There’s A Wealth Of Choice. BI Data Scientist.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

Smart Data Collective

OCTOBER 26, 2019

In the event of a network shutdown or failure, it may take much longer to restore functionality (and therefore connection) to a cloud-hosted off-site backup. While there is more of a push to use cloud data for off-site backup , this method comes with its own caveats. For enterprise-based users, this is not acceptable.

Big Data 45

Big Data Data Lake Cost-Benefit Measurement 45