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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.

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Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

Moreover, BI platforms provide the means for organizations to harness their data assets effectively, leading to improved customer satisfaction through personalized services and targeted marketing initiatives. In addition to these advancements, another prominent trend in data analysis is the growing impact of data visualization.

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insightsoftware Acquires Vizlib, Extending Write-Back to Qlik Users

Jet Global

Following success with Power ON, insightsoftware takes strategic evolution, growth, and product enhancements to the next level with software to extend visual planning and write-back solution capabilities to Qlik users RALEIGH, N.C. – Learn more at insightsoftware.com.

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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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What is Data Lineage? Top 5 Benefits of Data Lineage

erwin

These tools range from enterprise service bus (ESB) products, data integration tools; extract, transform and load (ETL) tools, procedural code, application program interfaces (API)s, file transfer protocol (FTP) processes, and even business intelligence (BI) reports that further aggregate and transform data. Data Governance.

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Why you should care about debugging machine learning models

O'Reilly on Data

1] This includes C-suite executives, front-line data scientists, and risk, legal, and compliance personnel. These recommendations are based on our experience, both as a data scientist and as a lawyer, focused on managing the risks of deploying ML. That’s where model debugging comes in. Sensitivity analysis.

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What is BCBS 239 Compliance?

Octopai

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.