Smart Data Collective

SEPTEMBER 17, 2020

Some prominent banking institutions have gone the extra mile and introduced software to analyze every document while recording any crucial information that these documents may carry. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations.

Big Data 142

Big Data Finance Risk Management Risk 142

CIO Business Intelligence

JULY 13, 2022

Metrics that create a narrative and show how the business compares to competitors, the wider industry, and globally against all businesses give a clear picture that allows board members to set strategy. Agile Development, Data and Information Security, DevSecOps, IT Strategy, SaaS, Threat and Vulnerability Management

Strategy 123

Strategy Metrics Risk Risk Management 123

IBM Big Data Hub

APRIL 19, 2024

Asset performance management (APM) processes, such as risk-based and predictive maintenance and asset investment planning (AIP), enable health monitoring technologies. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

Management 85

Management Internet of Things Risk IoT 85

IBM Big Data Hub

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Blockchain Information is an invaluable business asset. In sourcing strategy, blockchain technology helps track orders, payments, accounts and more.

Strategy 95

Strategy Technology Cost-Benefit Risk Management 95

CIO Business Intelligence

JUNE 21, 2022

CIOs frequently launch strategic initiatives without fully considering all the risks involved. By that time, governance structures are rushed and risk mitigation measures lose their effectiveness.”. Many enterprises continue to base their IT governance on cost and performance service level agreement (SLA) metrics.

IT 115

IT Risk Measurement Risk Management 115

CIO Business Intelligence

JANUARY 19, 2024

Stakeholder management is vital to project success. When key individuals are informed and on task, projects run smoothly. Many project managers struggle to implement effective stakeholder management, despite its importance. Benefits of stakeholder management Well-executed stakeholder management offers numerous benefits.

Management 119

Management Consulting Risk Strategy 119

CIO Business Intelligence

APRIL 21, 2022

Combining Agile and DevOps with elements such as cloud, testing, security, risk management and compliance creates a modernized technology delivery approach that can help an organization achieve greater speed, reduced risk, and enhanced quality and experience. Modernization is a journey, not a mission . All hands on deck .

Digital Transformation 140

Digital Transformation Key Performance Indicator Risk Testing 140

IBM Big Data Hub

SEPTEMBER 6, 2023

A continuous vulnerability management process helps stop cyberattacks—and soften the blow of those that succeed—by finding and fixing flaws before threat actors can weaponize them. The vulnerability management lifecycle Corporate networks are not static.

Management 98

Management Metrics Risk Reporting 98

FineReport

JUNE 7, 2023

Improved Decision-Making: With project management dashboards, key project metrics and performance indicators are displayed in a visually appealing format. This allows project managers and stakeholders to quickly analyze data, identify trends, and make informed decisions to ensure project success.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

CIO Business Intelligence

NOVEMBER 21, 2023

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 136

IT Risk Cost-Benefit Risk Management 136

IBM Big Data Hub

FEBRUARY 19, 2024

Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics. It includes everything from product development and strategic decision-making to information systems and new technologies.

Strategy 81

Strategy Management Forecasting Cost-Benefit 81

Octopai

JULY 9, 2020

Actually, effective data lineage delivers important enhancements to BI and enables informed decision-making , as it enables data teams to tackle numerous use cases such as regulatory compliance, system upgrades & migrations, M&A (system consolidation), reporting inaccuracies, business changes etc.

Insurance 86

Insurance Risk Management Machine Learning Metadata 86

IBM Big Data Hub

FEBRUARY 13, 2024

The IBM Supply Chain Intelligence Suite , powered by artificial intelligence (AI) and blockchain, helps compile supplier data to drive Scope 3 accuracy, improve circularity by reducing waste and inform end consumers of carbon and other ESG impacts. This technology can also help reduce the risk of regulatory non-compliance.

Cost-Benefit 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78

IBM Big Data Hub

DECEMBER 14, 2023

This is especially important for companies in highly regulated industries as they are consistently tasked with protecting the privacy of sensitive consumer data—such as the personal information found in financial and health records—while remaining in adherence to the latest security and compliance requirements.

Risk 82

Risk Enterprise Digital Transformation Risk Management 82

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

DataRobot Blog

JUNE 27, 2022

Monitoring Model Metrics. With this data in hand, we are able to measure both the data drift and model performance, both of which are essential metrics in measuring the health of the deployed model. The accuracy of a model is another essential metric that informs us about its health in a deployed setting.

Risk 59

Risk Modeling Metrics Measurement 59

Sisense

MAY 13, 2021

In this article, we’ll look at how DNV took intelligence from its massive datasets and put the right bits of information into its platforms in the right way (not simply embedding reports and dashboards) to drive impact for its users. DNV is an independent expert in risk management and assurance, operating in more than 100 countries.

Reporting 59

Reporting Analytics Dashboards Key Performance Indicator 59

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. Create a culture that values collaboration, information sharing, and collective decision-making.

Key Performance Indicator 76

Key Performance Indicator Forecasting Sales Data Integration 76

FineReport

FEBRUARY 17, 2021

Project name and ID, manager’s or sponsor’s name, start date and (expected) end date, client description, and the reporting date are the necessary information that every project management report should include. The summary gives the reader a quick overview of the key information they should take away.

Reporting 98

Reporting Management Dashboards Risk 98

IBM Big Data Hub

MARCH 4, 2024

Adopting an open technologies-based hybrid cloud platform enables an AI+ enterprise to make informed decisions without limiting its business. ” In our experience, the answer depends on many factors, which can change over time, requiring a flexible platform.

Enterprise 96

Enterprise ROI Risk Strategy 96

IBM Big Data Hub

JULY 27, 2023

The following are some of the most impactful ways oil and gas is embracing EAM as an asset management strategy: Asset lifecycle management : Oil and gas assets are intricate, costly and have lengthy lifecycles. It can also significantly increase uptime and lifespan.

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going.

IT 111

IT Cost-Benefit Risk Consulting 111

FineReport

AUGUST 13, 2021

Insurance companies provide risk management in the form of insurance contracts. Industry-specific, comprehensive, and reliable data management and presentation have become an issue of increasing concern in the insurance industry. The insurance sales dashboard gives the leader a clear picture of key performance metrics.

Insurance 52

Insurance Dashboards KPI Analytics 52

IBM Big Data Hub

DECEMBER 13, 2023

Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations. Additional procurement software includes spend analytics tools and supplier relationship management (SRM) software. Provide necessary training to ensure procurement success.

Strategy 65

Strategy Cost-Benefit Key Performance Indicator Consulting 65

AWS Big Data

APRIL 12, 2023

Helping manage human risk with data-driven insights SANS Security Awareness helps organizations use best-in-class security awareness and training solutions to transform their ability to measure and manage human risk. We developed Snack Attack!,

Dashboards 59

Dashboards Risk Data-driven Visualization 59

CIO Business Intelligence

MARCH 18, 2024

Our data team uses gen AI on Amazon cloud to explore sustainability metrics. In still another implementation, Covanta is using Salesforce’s CRM case management tool to create invoices and enable customers to talk directly to a Salesforce robot to answer any invoice questions. So there is a revenue-generating aspect for this,” he says.

Risk 132

Risk Cost-Benefit Data Processing Testing 132

CIO Business Intelligence

JULY 4, 2022

CAOs should have strong presentation skills and the ability to communicate complex business and financial information to other stakeholders in the company. It’s a role that requires an understanding of change management and an ability to juggle several complex projects at once.

Manufacturing 94

Manufacturing Finance Reporting Risk Management 94

Jet Global

MAY 11, 2021

May 11, 2021 – In the early days of the pandemic, cash flow management took center stage for many businesses and risk management continues to be a priority this year as business leaders depend more than ever on finance teams for decision-making support. Visit insightsoftware.com for more information. RALEIGH, N.C. –

Finance 98

Finance Technology Forecasting Uncertainty 98

CIO Business Intelligence

APRIL 1, 2022

All too often, executives look at value chains exclusively through the lens of risk management and economic value, not realizing that sustainability can—and should—also be a part of the equation. That’s why it’s crucial to educate executives about a sustainable value chain and arm them with information.

Cost-Benefit 52

Cost-Benefit Risk Risk Management Manufacturing 52

CIO Business Intelligence

JULY 5, 2022

CAOs should have strong presentation skills and the ability to communicate complex business and financial information to other stakeholders in the company. It’s a role that requires an understanding of change management and an ability to juggle several complex projects at once.

Manufacturing 87

Manufacturing Finance Reporting Risk Management 87

Alation

OCTOBER 26, 2021

And, by implementing continuous data reviews, finance teams better support compliance and risk management. Analyst productivity: With Alation, finance teams gain an end-to-end data management perspective. Analyst productivity: With Alation, finance teams gain an end-to-end data management perspective.

Finance 52

Finance Data Transformation Enterprise Metrics 52

DataRobot Blog

MAY 10, 2022

Addressing the Key Mandates of a Modern Model Risk Management Framework (MRM) When Leveraging Machine Learning . The regulatory guidance presented in these documents laid the foundation for evaluating and managing model risk for financial institutions across the United States. To reference SR 11-7: .

Risk 64

Risk Modeling Machine Learning Data Quality 64

DataRobot

JANUARY 18, 2022

Compounding the doorway effect is cue-dependent forgetting , the failure to recall information without memory cues. When removed from our usual work environment to participate in an AI project, there is the risk that strategic business goals and everyday business rules will be forgotten. AI impact statements are not always necessary.

Risk Management 52

Risk Management Risk Data-driven Metrics 52

Smart Data Collective

JUNE 3, 2021

Analytics tools enable companies to assess the performance of employees across various metrics and find ways to improve performance. Making better risk assessments. Risk management is one of the most important elements of financial planning. Analytics tools help companies develop better risk scoring models.

Management 90

Management Finance Analytics Analytics Technologies 90

CIO Business Intelligence

MARCH 9, 2023

Pricing models and metrics can also be complex, making it difficult to understand when additional costs might kick in, Alexander says. The sell side typically has the information advantage.” And] run an informed, efficient, effective process designed to make good decisions while building good relationships.”

Cost-Benefit 113

Cost-Benefit Risk Uncertainty Technology 113

Sisense

SEPTEMBER 3, 2020

They also put together custom database queries to answer the questions of business users, implement new metrics from existing data, strive to improve data quality, and contribute to correct acquisition of new data. This includes database modeling, metrics definition, dashboard design , and creating and publishing executive reports.

Statistics 97

Statistics Metrics Visualization Finance 97

Alation

AUGUST 17, 2022

How Do Corporate Governance, Information Security, and Data Governance Align? Constellation Analyst Dion Hinchcliffe suggests that functions should be loosely integrated into the following streams: Governance, risk, compliance. Enterprise risk management. Data management. Environment, social, and governance.

Data Governance 92

Data Governance Risk Data-driven Measurement 92