Remove Data Quality Remove Interactive Remove Measurement Remove Risk Management
article thumbnail

Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

One of the key aspects of the role of BI platforms is their ability to streamline the process of data analysis and decision-making. They offer functionalities that allow for the integration and transformation of raw data into meaningful and actionable insights.

article thumbnail

How to Build Trust in AI

DataRobot

They all serve to answer the question, “How well can my model make predictions based on data?” In performance, the trust dimensions are the following: Data quality — the performance of any machine learning model is intimately tied to the data it was trained on and validated against.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

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

Ontotext

This shift of both a technical and an outcome mindset allows them to establish a centralized metadata hub for their data assets and effortlessly access information from diverse systems that previously had limited interaction. There are four groups of data that are naturally siloed: Structured data (e.g.,

article thumbnail

Automating Model Risk Compliance: Model Validation

DataRobot Blog

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.

Risk 52
article thumbnail

Analyst, Scientist, or Specialist? Choosing Your Data Job Title

Sisense

Besides strong technical skills (for instance, use of Hadoop, programming in R and Python , math, statistics), data scientists should also be able to tackle open-ended questions and undirected research in ways that bring measurable business benefits to their organization. See an example: Explore Dashboard.

article thumbnail

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.

article thumbnail

Machine Learning Project Checklist

DataRobot Blog

Inquire whether there is sufficient data to support machine learning. Outline clear metrics to measure success. Document assumptions and risks to develop a risk management strategy. Discuss how the stakeholders want to interact with the machine learning model after it is built. Define project scope.