Octopai

JANUARY 19, 2020

BCBS 239 is a document published by that committee entitled, Principles for Effective Risk Data Aggregation and Risk Reporting. The document, first published in 2013, outlines best practices for global and domestic banks to identify, manage, and report risks, including credit, market, liquidity, and operational risks.

Metadata 61

Metadata Risk Management Business Intelligence Data Governance 61

Alation

MARCH 14, 2023

All critical data elements (CDEs) should be collated and inventoried with relevant metadata, then classified into relevant categories and curated as we further define below. Store Where individual departments have their own databases for metadata management, data will be siloed, meaning it can’t be shared and used business-wide.

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

Ontotext

JULY 6, 2023

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.,

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

Ontotext

APRIL 21, 2021

The problem was the left hand had no way of knowing the systemic issues around data governance, risk management and compliance framework. Manage Regulation, Manage Risk. Through rich metadata and automated reasoning , it is possible to express the complexity of assets and their relationships.

Metadata 59

Metadata Finance Cost-Benefit Risk 59

erwin

SEPTEMBER 17, 2020

Here are six benefits of automating end-to-end data lineage: Reduced Errors and Operational Costs. Data quality is crucial to every organization. Automated data capture can significantly reduce errors when compared to manual entry. Automating data capture frees up resources to focus on more strategic and useful tasks.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

Cloudera

JUNE 29, 2023

To ensure the stability of the US financial system, the implementation of advanced liquidity risk models and stress testing using (MI/AI) could potentially serve as a protective measure. To improve the way they model and manage risk, institutions must modernize their data management and data governance practices.

Data Architecture 87

Data Architecture Risk Management Risk Management 87

Alation

JUNE 14, 2021

Do we know the business outcomes tied to data risk management? Once you have data classification then you can talk about whether you need to tokenize and why, or anonymize and why, or encrypt and why, etc.” Indeed, automation is a key element to data catalog features, which enhance data security.

Data Governance 97

Data Governance Recreation/Entertainment Data Lake Digital Transformation 97

erwin

OCTOBER 24, 2019

Untapped data, if mined, represents tremendous potential for your organization. While there has been a lot of talk about big data over the years, the real hero in unlocking the value of enterprise data is metadata , or the data about the data. Metadata Is the Heart of Data Intelligence.

Metadata 104

Metadata Management Data-driven Data Architecture 104

erwin

FEBRUARY 4, 2021

However, organizations still encounter a number of bottlenecks that may hold them back from fully realizing the value of their data in producing timely and relevant business insights. Overcoming Data Governance Bottlenecks. Put data quality first : Users must have confidence in the data they use for analytics.

Data Governance 89

Data Governance Metadata Data Quality Risk Management 89

erwin

APRIL 4, 2019

Some other common data governance obstacles include: Questions about where to begin and how to prioritize which data streams to govern first. Issues regarding data quality and ownership. Concerns about data lineage. Competing project and resources (time, people and funding).

Data Governance 75

Data Governance Data Quality Risk Management Data-driven 75

Octopai

JULY 12, 2020

An enormous amount of time was being wasted performing manual searches, as the BI team needed to frequently comb through the enterprise data warehouse’s fields to determine how each was calculated or to find their sources. Automated Data Lineage & Discovery Provides Enterprise-Wide Benefits.

Data Warehouse 58

Data Warehouse Data Quality Metadata Risk Management 58

Cloudera

JANUARY 22, 2019

Cloudera enables high-value analytical use cases from the edge to AI including proactive and predictive maintenance, usage-based analytics for targeted communications, recommendation engines, Enterprise Risk Management, AML (Anti-Money Laundering), Fraud Detection/Prevention, Cybersecurity, and Machine Models.

Big Data 45

Big Data Data Lake Internet of Things Enterprise 45

AWS Big Data

AUGUST 14, 2023

At the same time, unstructured approaches to data mesh management that don’t have a vision for what types of products should exist and how to ensure they are developed are at high risk of creating the same effect through simple neglect. When do new data products get created, and who is allowed to create them?

Management 75

Management Risk Measurement Optimization 75

Andrew White

JANUARY 11, 2021

But we also know not all data is equal, and not all data is equally valuable. Some data is more a risk than valuable. Additionally, the value of data may change, and our own personal judgement of the the same data and its value may differ. Value Management or monetization. Product Management.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52