Corinium

FEBRUARY 3, 2020

From telematics data in car insurance to geospatial data in the property sector and beyond – accurate and timely data empowers insurance companies to effectively assess and manage their portfolios of risks.

Insurance 221

Insurance Data Quality Risk Management 221

AWS Big Data

JUNE 6, 2023

Alerts and notifications play a crucial role in maintaining data quality because they facilitate prompt and efficient responses to any data quality issues that may arise within a dataset. This proactive approach helps mitigate the risk of making decisions based on inaccurate information.

Data Quality 77

Data Quality Metrics Data-driven Visualization 77

datapine

MAY 31, 2022

These servers are busy storing, managing, and processing data that enables users to expand or upgrade their infrastructure and retrieve files on demand. a) Software as a Service ( SaaS ) – software is owned, delivered, and managed remotely by one or more providers. The capabilities and breadth of the cloud are enormous.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

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

Jet Global

DECEMBER 23, 2021

Data quality has always been at the heart of financial reporting , but with rampant growth in data volumes, more complex reporting requirements and increasingly diverse data sources, there is a palpable sense that some data, may be eluding everyday data governance and control. Data Quality Audit.

Data Quality 98

Data Quality Reporting Recreation/Entertainment Finance 98

CIO Business Intelligence

MARCH 24, 2023

It encompasses the people, processes, and technologies required to manage and protect data assets. The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.”

Data Governance 142

Data Governance Management Metadata Data Quality 142

AWS Big Data

JUNE 6, 2023

Data consumers lose trust in data if it isn’t accurate and recent, making data quality essential for undertaking optimal and correct decisions. Evaluation of the accuracy and freshness of data is a common task for engineers. Currently, various tools are available to evaluate data quality.

Data Quality 78

Data Quality Data Lake Data-driven Metrics 78

DataRobot Blog

MAY 10, 2022

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

Risk Modeling Machine Learning Data Quality 64

Smart Data Collective

JUNE 19, 2019

The Relationship between Big Data and Risk Management. Big data calls for complex processing, handling, and storage system, which may include elements such as human beings, computers, and the internet. Tips for Improving Risk Management When Handling Big Data. Vendor Risk Management (VRM).

Risk Management 70

Risk Management Risk Management Big Data 70

CIO Business Intelligence

JUNE 9, 2023

Such is the case with a data management strategy. That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 112

Strategy Management Key Performance Indicator ROI 112

Octopai

MARCH 23, 2022

If today, federal inspections and authorizations of meatpacking plants are made with some level of reliance on data systems (and they almost certainly are), then dirty data could even lead directly to dirty meat. Data lineage tools give you exactly that kind of transparent, x-ray vision into your data quality.

Data Quality 91

Data Quality Reporting Modeling Interactive 91

Smart Data Collective

SEPTEMBER 28, 2022

quintillion bytes of data are generated each day? Businesses are having a difficult time managing this growing array of data, so they need new data management tools. Data management is a growing field, and it’s essential for any business to have a data management solution in place.

Big Data 104

Big Data Management Data Quality Cost-Benefit 104

erwin

FEBRUARY 19, 2021

Metadata management is key to wringing all the value possible from data assets. However, most organizations don’t use all the data at their disposal to reach deeper conclusions about how to drive revenue, achieve regulatory compliance or accomplish other strategic objectives. Harvest data. Govern data.

Metadata 110

Metadata Management Data Quality Cost-Benefit 110

O'Reilly on Data

MARCH 31, 2020

If you’re already a software product manager (PM), you have a head start on becoming a PM for artificial intelligence (AI) or machine learning (ML). But there’s a host of new challenges when it comes to managing AI projects: more unknowns, non-deterministic outcomes, new infrastructures, new processes and new tools.

Management 327

Management Machine Learning Experimentation Metrics 327

AWS Big Data

AUGUST 14, 2023

In the same way, overly restrictive data governance practices that either prevent data products from taking root at all, or pare them back too aggressively (deforestation), can over time create “data deserts” that drive both the producers and consumers of data within an organization to look elsewhere for their data needs.

Management 81

Management Risk Measurement Optimization 81

DataKitchen

FEBRUARY 27, 2024

However, the foundation of their success rests not just on sophisticated algorithms or computational power but on the quality and integrity of the data they are trained on and interact with. The Role of Data Journeys in RAG The underlying data must be meticulously managed throughout its journey for RAG to function optimally.

Data Quality 117

Data Quality Unstructured Data Testing Modeling 117

Octopai

DECEMBER 12, 2021

What is a metadata management tool? If you have no way of organizing your metadata, it quickly gets added to the data pile up and becomes a liability itself. To keep your data landscape traversable and understandable, you need a metadata management tool. What are examples of metadata management tools?

Metadata 93

Metadata Management Data Quality Data Governance 93

DataKitchen

MAY 10, 2024

Data Evaluation Before new data sets are introduced into production environments, they must be thoroughly evaluated and cleaned. This initial stage of data observability ensures that data quality is maintained from the start, preventing errors that could affect downstream processes and decisions.

Data Quality 141

Data Quality Dashboards Strategy Testing 141

Octopai

JUNE 22, 2023

In the era of big data, organizations are grappling with the challenge of effectively managing and leveraging vast amounts of data. Two prominent approaches have emerged: self-service data management and centralized data management.

Management 52

Management Data-driven Data Quality Data Governance 52

erwin

JULY 12, 2019

In light of recent, high-profile data breaches, it’s past-time we re-examined strategic data governance and its role in managing regulatory requirements. for alleged violations of the European Union’s General Data Protection Regulation (GDPR). Manage policies and rules. Strengthen data security.

Data Governance 110

Data Governance Management Metadata Risk Management 110

Jet Global

SEPTEMBER 1, 2023

But we’re also seeing its use expand in other industries, like Financial Services applications for credit risk assessment or Human Resources applications to identify employee trends. Analysts can use predictive analytics to foresee if a change will help them reduce risks, improve operations, and/or increase revenue.

Predictive Analytics 52

Predictive Analytics Risk Analytics Software 52

DataKitchen

AUGUST 8, 2023

On 20 July 2023, Gartner released the article “ Innovation Insight: Data Observability Enables Proactive Data Quality ” by Melody Chien. It alerts data and analytics leaders to issues with their data before they multiply. It alerts data and analytics leaders to issues with their data before they multiply.

Data Quality 130

Data Quality Testing Snapshot Reporting 130

erwin

FEBRUARY 13, 2020

When an organization’s data governance and metadata management programs work in harmony, then everything is easier. Data governance is a complex but critical practice. There’s always more data to handle, much of it unstructured; more data sources, like IoT, more points of integration, and more regulatory compliance requirements.

Metadata 135

Metadata Data Governance Management Cost-Benefit 135

DataKitchen

MARCH 5, 2024

The absence of noise around data errors could indicate a culture where mistakes are silently corrected or ignored, leading to compounded issues down the line. The Patchwork Quilt: Fixes by Another Team Another team may be picking up the slack, fixing and patching errors before they become visible to higher management or external stakeholders.

Data Quality 146

Data Quality Measurement Testing Data-driven 146

erwin

OCTOBER 24, 2019

In fact, data professionals spend 80 percent of their time looking for and preparing data and only 20 percent of their time on analysis , according to IDC. To flip this 80/20 rule, they need an automated metadata management solution for: • Discovering data – Identify and interrogate metadata from various data management silos.

Metadata 104

Metadata Management Data-driven Data Architecture 104

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.

Risk 52

Risk Modeling Metrics Business Objectives 52

Octopai

OCTOBER 18, 2021

First, what active metadata management isn’t : “Okay, you metadata! Now, what active metadata management is (well, kind of): “Okay, you metadata! Without metadata, a data asset is a liability: lots of numbers and words just taking up space. Managed metadata means that the details are organized and accessible.

Metadata 83

Metadata Management IT Data Quality 83

Alation

SEPTEMBER 7, 2021

In this blog we will discuss how Alation helps minimize risk with active data governance. Now that you have empowered data scientists and analysts to access the Snowflake Data Cloud and speed their modeling and analysis, you need to bolster the effectiveness of your governance models. Find Trusted Data.

Data Governance 59

Data Governance Risk Data Quality Dashboards 59

CIO Business Intelligence

MAY 30, 2024

She then led the digital transformation of Schneider Electric, a global Fortune 100 energy management company. The second thing is, more often than not, organizations underestimate the change management that is instrumental for transformations to be successful. Data quality is the cornerstone of effective AI deployment.

Data Quality 83

Data Quality Key Performance Indicator Digital Transformation Management 83

BizAcuity

APRIL 14, 2022

Big Data technology in today’s world. Did you know that the big data and business analytics market is valued at $198.08 Or that the US economy loses up to $3 trillion per year due to poor data quality? quintillion bytes of data which means an average person generates over 1.5 megabytes of data every second?

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

O'Reilly on Data

MARCH 18, 2020

Whether it’s controlling for common risk factors—bias in model development, missing or poorly conditioned data, the tendency of models to degrade in production—or instantiating formal processes to promote data governance, adopters will have their work cut out for them as they work to establish reliable AI production lines.

Enterprise 307

Enterprise Deep Learning Data Governance Risk 307

datapine

NOVEMBER 27, 2019

Companies are no longer wondering if data visualizations improve analyses but what is the best way to tell each data-story. 2020 will be the year of data quality management and data discovery: clean and secure data combined with a simple and powerful presentation. 1) Data Quality Management (DQM).

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

AWS Big Data

FEBRUARY 27, 2024

In this post, we explore how Bluestone uses AWS services, notably the cloud data warehousing service Amazon Redshift , to implement a cutting-edge data mesh architecture, revolutionizing the way they manage, access, and utilize their data assets. This enables data-driven decision-making across the organization.

Data-driven 97

Data-driven Data Lake Data Quality Data Governance 97

CIO Business Intelligence

JANUARY 23, 2024

What gets measured gets managed, or put another way, your results will be determined by what you are measuring,” says Martin Davis, CIO and managing partner at Dunelm Associates. Keep the number of metrics small and manageable, ideally three or four, and at most seven key ones because people cannot focus on multiple pages of data.”

Measurement 134

Measurement Digital Transformation KPI Metrics 134

erwin

JANUARY 11, 2019

A company can’t effectively implement data governance – documenting and applying business rules and processes, analyzing the impact of changes and conducting audits – if it fails at data management. The problem usually starts by relying on manual integration methods for data preparation and mapping.

Data Governance 40

Data Governance Risk Metadata Management 40

DataKitchen

SEPTEMBER 21, 2023

These layers help teams delineate different stages of data processing, storage, and access, offering a structured approach to data management. In the context of Data in Place, validating data quality automatically with Business Domain Tests is imperative for ensuring the trustworthiness of your data assets.

Testing 169

Testing Data Quality Predictive Modeling Metrics 169

CIO Business Intelligence

DECEMBER 19, 2023

Productivity improvements will likely come from experimenting with the platforms and tools that embed prompting and other natural language capabilities, while longer-term impacts will come from embedding the company’s intellectual property into privately managed large language models.

Digital Transformation 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142