CIO Business Intelligence

OCTOBER 4, 2023

This also allows us to have the best in terms of global technology, fraud mitigation and prevention, and cybersecurity measures in all markets, all while complying with local regulations and compliance requirements.” User data is also housed in this layer, including profile, behavior, transactions, and risk.

Digital Transformation 132

Digital Transformation Deep Learning Data Lake Risk 132

Cloudera

APRIL 19, 2023

Wealth managers can monetize their data by selling analytics and insights to their clients, such as customized investment recommendations based on an individual’s financial goals and risk profile. Asset and fund managers can sell data and analytics to their clients, such as performance data on different investment portfolios.

Data-driven 69

Data-driven Data Architecture Measurement Risk 69

IBM Big Data Hub

JUNE 29, 2023

IBP brings together various functions, including sales, marketing, finance, supply chain, human resources, IT and beyond to collaborate across business units and make informed decisions that drive overall business success. Key performance indicators (KPIs) are established to measure progress and enable proactive management.

Key Performance Indicator 83

Key Performance Indicator Forecasting Data Integration Sales 83

Ontotext

JULY 6, 2023

Let’s consider an example about risk and opportunity event detection. Case studies The risk and opportunity event detection use case discussed above combines all of Ontotext’s capabilities: storing and managing large amounts of data adding meaning to it (e.g.,, The solution brings many business benefits.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

IBM Big Data Hub

FEBRUARY 22, 2024

We introduced IBM Cloud for Financial Services , which includes an ecosystem of partner banks including BNP Paribas and CaixaBank, to help clients as they work to mitigate risk, address regulations, navigate their compliance and accelerate cloud adoption. In just a few years, we have helped some of the world’s leading banks transform.

Enterprise 80

Enterprise Risk Data Processing Business Driver 80

Smart Data Collective

JULY 4, 2021

What Machine Learning Means to Asset Managers. On the finance side of businesses, asset management firms are utilizing machine learning with computerized maintenance management systems (CMMS) and data analytics to manage digital assets. Risk Management.

Machine Learning 143

Machine Learning Management B2B Unstructured Data 143

Smart Data Collective

SEPTEMBER 22, 2021

The risk of data breaches will not decrease in 2021. Data must be managed carefully , which means protecting it against security breaches. Data breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. But you can come around this.

Statistics 109

Statistics Risk Measurement Software 109

DataRobot Blog

NOVEMBER 17, 2022

What’s your AI risk mitigation plan? Just as you wouldn’t set off on a journey without checking the roads, knowing your route, and preparing for possible delays or mishaps, you need a model risk management plan in place for your machine learning projects. Is There Such a Thing as Unbiased AI? The hard truth is no.

Risk Management 52

Risk Management Risk Modeling Management 52

erwin

MARCH 12, 2020

It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. The report notes six primary EA competencies in which we excel in the large vendor category: modeling, strategy translation, risk management, financial management, insights and change management.

Enterprise 85

Enterprise Reporting Management ROI 85

O'Reilly on Data

JULY 15, 2019

In our experience, many of the most popular conference talks on model explainability and interpretability are those given by speakers from finance. After the 2008 financial crisis, the Federal Reserve issued a new set of guidelines governing models— SR 11-7 : Guidance on Model Risk Management. Sources of model risk.

Machine Learning 38

Machine Learning Management Enterprise Risk Management 38

Sisense

SEPTEMBER 3, 2020

Besides strong technical skills (for instance, use of Hadoop, programming in R and Python , math, statistics), data scientists should also be able to tackle open-ended questions and undirected research in ways that bring measurable business benefits to their organization. See an example: Explore Dashboard.

Statistics 97

Statistics Metrics Visualization Finance 97

Smart Data Collective

JULY 23, 2019

Risk management , e.g. understanding of acceptable and too dangerous risks. For instance, magik_moose from Reddit states that pros must follow a few rules, including proper risk management, clear targets, independent analysis, and control over emotions. Here, the disruptive cycle starts. Steenbarger. Gox in 2014.

Recreation/Entertainment 76

Recreation/Entertainment Risk Management Marketing Risk 76

Jet Global

AUGUST 20, 2019

One of the most useful measures in financial performance is Free Cash Flow (FCF). A cash flow statement is an essential tool used to manage cash flow that includes information from operations, investing, and financing. Risk Management. BI software is a reliable tool to manage risks.

Forecasting 68

Forecasting Business Intelligence Reporting Software 68

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management. Intraday VaR.

Risk 92

Risk Marketing Risk Management Data-driven 92

bridgei2i

MAY 4, 2020

So the COVID-19 crisis response has hence been centrifugal, and it has varied across countries with respect to infections, control, and lockdown measures. Risk management, of course, is more relevant than ever, monitoring exposure to internal and external signals now. So the focus here is also to protect lives and livelihoods.

Enterprise 91

Enterprise Digital Transformation Sales Recreation/Entertainment 91

CIO Business Intelligence

MARCH 25, 2022

Policy makers around the world have been recognizing this heightened risk, which has been further amplified by the recent geopolitical tensions. The European Union (EU) has pulled together a proposal for a unified framework to regulate risk management for financial institutions.

Finance 98

Finance KPI Risk IoT 98

datapine

MARCH 31, 2022

For instance, you will learn valuable communication and problem-solving skills, as well as business and data management. Added to this, if you work as a data analyst you can learn about finances, marketing, IT, human resources, and any other department that you work with. BI Data Scientist.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

Cloudera

SEPTEMBER 7, 2023

But it’s also fraught with risk. This June, for example, the European Union (EU) passed the world’s first regulatory framework for AI, the AI Act , which categorizes AI applications into “banned practices,” “high-risk systems,” and “other AI systems,” with stringent assessment requirements for “high-risk” AI systems.

Insurance 78

Insurance Risk Data-driven Modeling 78

Octopai

JUNE 16, 2021

Do you ever feel like taking risks? . If you’re a bank, however, taking risks doesn’t just have implications for you, but for all your customers and (if you’re big enough) for the economy as a whole. . The Basel III framework, as well as Basel IV, call for regulation changes in multiple areas, including: Credit risk.

Management 52

Management Risk Management Risk Visualization 52

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.

Risk 55

Risk Machine Learning Risk Management Measurement 55

Domino Data Lab

APRIL 3, 2019

Also, while surveying the literature two key drivers stood out: Risk management is the thin-edge-of-the-wedge ?for Edge caches become crucial for managing data on its way from web servers to mobile devices. Her talk focuses on “Padlock”, which is a global key-management system at Spotify that also ?handles credit cards).

Data Governance 84

Data Governance Machine Learning Metadata Big Data 84

IBM Big Data Hub

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. Fortunately, there is a push to consolidate information.

Reporting 84

Reporting Consulting Risk Metrics 84

IBM Big Data Hub

JANUARY 30, 2024

Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos. Security risks: Maintaining strong security measures is a critical component of enterprise cloud adoption. Security risks: Maintaining strong security measures is a critical component of enterprise cloud adoption.

Strategy 101

Strategy Cost-Benefit Risk Optimization 101

O'Reilly on Data

OCTOBER 18, 2022

When we use AI in security applications, the risks become even more direct. As AI technologies are adopted more broadly in security and other high-risk applications, we’ll all need to know more about AI audit and risk management. Data can be wrong. Predictions can be wrong. System designs can be wrong.

Risk Management 291

Risk Management Risk Testing Measurement 291

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. The ability to measure results (risk-reducing evidence). Legal concerns, risk, compliance. Secondly, because stakeholders. Lack of reproducible workflows.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

datapine

FEBRUARY 22, 2022

This includes defining the main stakeholders, assessing the situation, defining the goals, and finding the KPIs that will measure your efforts to achieve these goals. Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Identify key performance indicators (KPIs).

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Octopai

NOVEMBER 11, 2020

What caused the flood of data in finance? COVID-19 shifting finance. BI teams in financial institutions are challenged on a daily basis with being able to quickly assess compliance risks, support risk reduction and prepare for economic challenges. This includes the Paycheck Protection Program (PPP).

Finance 52

Finance Risk Risk Management Data-driven 52

Andrew White

JANUARY 11, 2021

Government, Finance, … Tough question…mostly as it’s hard to determine which industry due to different uses and needs of D&A. As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. Some data is more a risk than valuable.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

APRIL 25, 2024

Finance is a complex field, and so are the laws that govern it. Organizations that maintain SOX compliance support confidence in financial markets by operating within a framework that mitigates the risk of corporate fraud and strengthens the integrity of financial reporting. insightsoftware is here to help.

Reporting 52

Reporting Risk Management Risk Software 52

CIO Business Intelligence

APRIL 12, 2022

Even though Nvidia’s $40 billion bid to shake up enterprise computing by acquiring chip designer ARM has fallen apart, the merger and acquisition (M&A) boom of 2021 looks set to continue in 2022, perhaps matching the peaks of 2015, according to a report from risk management advisor Willis Towers Watson.

Enterprise 143

Enterprise Technology Consulting Software 143

Jet Global

NOVEMBER 15, 2021

A Tax Key Performance Indicator (KPI) or metric is a clearly defined quantifiable measure that an organization, or business, uses to measure the success of its Tax Function over time. to non-traditional KPIs including reputational risk management, efficiency and effectiveness of processes, innovative use of technology, etc.

Metrics 52

Metrics Reporting KPI Risk Management 52

Jet Global

MARCH 2, 2022

For one, companies that place an emphasis on their environmental and social impacts and responsibilities, have been shown to be more resilient and that they’re able to manage their risks better during a crisis. Sustainable Finance Disclosure Regulation (SFDR). But it goes further than investing.

Reporting 59

Reporting Risk Recreation/Entertainment Insurance 59

Jet Global

FEBRUARY 15, 2024

2024 is set to be a fascinating year in the finance space with advancements that help organizations continue to do more with stretched resources and continued staffing shortages. And it can’t come a moment too soon–nearly three-quarters of finance decision-makers (70%) feel pressure from market factors like inflation and economic disruption.

Finance 52

Finance Reporting Software Operational Reporting 52

Jet Global

NOVEMBER 16, 2022

risk and compliance management. Specific, measurable, achievable, relevant, and time-bound (SMART) actions should be presented. These might includes measurements related to: the intellectual resources of the company. management satisfaction. management satisfaction. Compliance Risk Management.

Reporting 94

Reporting Software Key Performance Indicator Dashboards 94

Jet Global

JANUARY 19, 2024

Without automated document management, you may find yourself falling victim to: Increased Risk of Errors : Manual handling of documents and data increases the risk of errors. Increased Security Risks : Document management features often include security measures to protect sensitive information.

Risk 52

Risk Management Reporting Software 52

Jet Global

APRIL 25, 2024

With the rise of financial reporting software , many finance professionals rely on automated reconciliation for this vital process. Reconciliation is also crucial for effective cash management. Vendor Reconciliation Vendor reconciliation is the next most likely form of account reconciliation that most finance teams think of.

Reporting 52

Reporting Finance Management Software 52

Jet Global

JUNE 21, 2021

A number of approaches are currently being proposed, underpinned by the need of governments worldwide to recoup funds in the wake of business assistance programs necessitated by the pandemic, including one that features measures as revolutionary as a common basic tax rate for every nation. Read how to elevate tax to a strategic function.

Recreation/Entertainment 98

Recreation/Entertainment Digital Transformation Finance Reporting 98