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What is data governance? Best practices for managing data assets

CIO Business Intelligence

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time.

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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.

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Success Stories: Applications and Benefits of Knowledge Graphs in Financial Services

Ontotext

In today’s fast changing environment, enterprises that have transitioned from being focused on applications to becoming data-driven gain a significant competitive edge. Transaction and pricing data (e.g., Let’s consider an example about risk and opportunity event detection. Signals from unstructured content (e.g.,

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4 Steps to Data-first Modernization

CIO Business Intelligence

The data-first transformation journey can appear to be a lengthy one, but it’s possible to break it down into steps that are easier to digest and can help speed you along the pathway to achieving a modern, data-first organization. Key features of data-first leaders. 5x more likely to be highly resilient in terms of data loss.

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Best Practices for Data Catalog Implementation

Octopai

Data Catalogs also allow for Improved Collaboration by serving as a central repository for enterprise data, a data catalog facilitates collaboration among different teams. Everyone has access to the same data and the same understanding of what the data represents, reducing miscommunications and discrepancies.

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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.

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Managing machine learning in the enterprise: Lessons from banking and health care

O'Reilly on Data

After the 2008 financial crisis, the Federal Reserve issued a new set of guidelines governing models— SR 11-7 : Guidance on Model Risk Management. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk. Model risk management. AI projects in financial services and health care.