Remove Data Quality Remove Document Remove Metrics Remove Risk Management
article thumbnail

Automating Model Risk Compliance: Model Development

DataRobot Blog

Addressing the Key Mandates of a Modern Model Risk Management Framework (MRM) When Leveraging Machine Learning . The regulatory guidance presented in these documents laid the foundation for evaluating and managing model risk for financial institutions across the United States. To reference SR 11-7: .

Risk 64
article thumbnail

Improving ESG performance in financial services on Microsoft Cloud

CIO Business Intelligence

Overcoming data challenges Despite their growing commitment to ESG, financial firms have learned the path to sustainability and prosperity can be rocky. “ESG ESG data quality is the biggest challenge. revenue growth from businesses showing a lower commitment to ESG.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Data Governance Program: Ensuring a Successful Delivery

Alation

Data governance policy should be owned by the top of the organization so data governance is given appropriate attention — including defining what’s a potential risk and what is poor data quality.” It comes down to the question: What is the value of your data? Enterprise risk management.

article thumbnail

Why you should care about debugging machine learning models

O'Reilly on Data

In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. The study of security in ML is a growing field—and a growing problem, as we documented in a recent Future of Privacy Forum report. [8]. That’s where model debugging comes in.

article thumbnail

Machine Learning Project Checklist

DataRobot Blog

Data scientists need to understand the business problem and the project scope to assess feasibility, set expectations, define metrics, and design project blueprints. If there is no forward-looking predictive component to the use case, it can probably be addressed with analytics and visualizations applied to historical data.

article thumbnail

Showcasing the Power of AI in Investment Management: a Real Estate Case Study

DataRobot Blog

You can understand the data and model’s behavior at any time. Once you use a training dataset, and after the Exploratory Data Analysis, DataRobot flags any data quality issues and, if significant issues are spotlighted, will automatically handle them in the modeling stage. Rapid Modeling with DataRobot AutoML.

article thumbnail

Unlock The Power of Your Data With These 19 Big Data & Data Analytics Books

datapine

Whether you are a complete novice or a seasoned BI professional, you will find here some books on data analytics that will help you cultivate your understanding of this essential field. Before we delve deeper into the best books for data analytics, here are three big data insights to put their relevance and importance into perspective.

Big Data 263