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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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What a quarter century of digital transformation at PayPal looks like

CIO Business Intelligence

User data is also housed in this layer, including profile, behavior, transactions, and risk. We’ve been working on this for over a decade, including transformer-based deep learning,” says Shivananda. PayPal’s deep learning models can be trained and put into production in two weeks, and even quicker for simpler algorithms.

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11 most in-demand gen AI jobs companies are hiring for

CIO Business Intelligence

Deep learning engineer Deep learning engineers are responsible for heading up the research, development, and maintenance of the algorithms that inform AI and machine learning systems, tools, and applications.

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Skilled IT pay defined by volatility, security, and AI

CIO Business Intelligence

Some certifications in project management , governance, and architecture also attract big bonuses, with CGEIT (Certified in the Governance of Enterprise IT) pulling in a 14% pay premium, up 27% over the last six months, and TOGAF 9 Certified (The Open Group’s Enterprise Architecture Framework certification) attracting a 12%premium, up 9%.

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Five open-source AI tools to know

IBM Big Data Hub

While open-source AI offers enticing possibilities, its free accessibility poses risks that organizations must navigate carefully. Enterprises may expose their stakeholders to risk when they use technologies that they didn’t build in-house. Morgan’s Athena uses Python-based open-source AI to innovate risk management.

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Modeling 101: How It Works and Why It’s Important

Domino Data Lab

Models can predict things before they happen more accurately than humans, such as catastrophic weather events or who is at risk of imminent death in a hospital. PyTorch: used for deep learning models, like natural language processing and computer vision. It’s used for developing deep learning models.

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Cropin’s agriculture industry cloud to provide apps, data frameworks

CIO Business Intelligence

Cropin Apps, as the name suggests, comprises applications that support global farming operations management, food safety measures, supply chain and “farm to fork” visibility, predictability and risk management, farmer enablement and engagement, advance seed R&D, production management, and multigenerational seed traceability.

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