Alation

AUGUST 17, 2022

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.

Data Governance 92

Data Governance Risk Data-driven Measurement 92

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

Sisense

SEPTEMBER 3, 2020

Programming and statistics are two fundamental technical skills for data analysts, as well as data wrangling and data visualization. Data analysts in one organization might be called data scientists or statisticians in another. Database design is often an important part of the business analyst role.

Statistics 97

Statistics Metrics Visualization Finance 97

AWS Big Data

AUGUST 14, 2023

Goals of DPPM The goals of DPPM can be summarized as follows: Protect value – DPPM protects the value of the organizational data strategy by developing, implementing, and enforcing frameworks to measure the contribution of data products to organizational goals in objective terms. Monitoring and Event Management X X.

Management 77

Management Risk Measurement Optimization 77

Cloudera

JUNE 29, 2023

Implementing a modern data architecture makes it possible for financial institutions to break down legacy data silos, simplifying data management, governance, and integration — and driving down costs. Enhance counterparty risk assessment. Use ML to more realistically model and simulate stress scenarios.

Data Architecture 83

Data Architecture Risk Management Risk Management 83

DataRobot Blog

JULY 21, 2022

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.

Machine Learning 98

Machine Learning Metrics Modeling Testing 98

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. As the article explains, data science is set apart from other business functions by two fundamental aspects: Relatively low costs for exploration.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Andrew White

JANUARY 11, 2021

What are you seeing as the differences between a Chief Analytics Officer and the Chief Data Officer? Value Management or monetization. Risk Management (most likely within context of governance). Product Management. Saul Judah is our main person focusing on D&A risk management. Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

IBM Big Data Hub

DECEMBER 4, 2023

Clearly define the objective of the implementation project and determine its scope, timeline and budget as well as create a risk management plan. This is also the time to determine which data will be migrated, as some older data may be best stored in a secure archive.

Testing 77

Testing Consulting Digital Transformation Cost-Benefit 77

DataRobot Blog

DECEMBER 20, 2022

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.

Management 59

Management Machine Learning Optimization Modeling 59

datapine

AUGUST 29, 2022

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

Big Data Data Analytics Analytics Data mining 263

datapine

FEBRUARY 22, 2022

Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Clean data in, clean analytics out. Cleaning your data may not be quite as simple, but it will ensure the success of your BI. Indeed, every year low-quality data is estimated to cost over $9.7

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Alation

NOVEMBER 23, 2021

Organizations don’t need to spend a lot of money to get data governance. They can improve data quality, security and risk management without the need for an expensive big-bang project. What organizations actually govern is data-consumer behavior, and not the data itself. Creates Shared Processes.

Data Governance 52

Data Governance Data-driven Data Processing Consulting 52