Sisense

JANUARY 7, 2022

As businesses adapt to the pandemic and shift to new norms, risk mitigation strategies have become as normal and ubiquitous as having a fire escape in the office. Smarter, AI-driven learning and development initiatives will help mitigate risk in our rapidly evolving world. Minimising risk by ‘infusing’ AI. ” Anna adds.

Risk Management 52

Risk Management Risk Management Dashboards 52

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. Management. The Impact of COVID-19 on Financial Services & Risk Management. He has extensive experience in designing solutions for clients using advanced ML techniques to harness information from different forms of data.

Risk Management 128

Risk Management Risk Enterprise Management 128

bridgei2i

NOVEMBER 20, 2020

Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. Today the Chief Risk Officers(CROs) struggle with the critical task of monitoring and assessing key risks in real time and firefight to mitigate any critical issues that arise.

Risk Management 92

Risk Management Risk Management Metrics 92

CIO Business Intelligence

MARCH 18, 2024

There are a lot of risks and a lot of land mines to navigate,” says the analyst. Coming to grips with risk The first step in making any bet — or investment — is to understand your ability to withstand risk. Covanta is also using AI to perform legal review on contracts, detecting and highlighting points of possible risk.

Risk 133

Risk Cost-Benefit Data Processing Testing 133

CIO Business Intelligence

AUGUST 30, 2023

In my previous column in May, when I wrote about generative AI uses and the cybersecurity risks they could pose , CISOs noted that their organizations hadn’t deployed many (if any) generative AI-based solutions at scale. Today, it is, as they create a mysterious new risk and attack surface to defend against.

Enterprise 132

Enterprise Risk Measurement Software 132

CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

Risk 98

Risk Risk Management ROI Technology 98

Smart Data Collective

JUNE 19, 2022

AI is particularly helpful with managing risks. How AI Can Help Suppliers Manage Risks Better. All companies require complex relationships with various suppliers and service providers to develop the products and services they offer to clients and customers — but those relationships always carry some risk.

Risk 133

Risk Cost-Benefit Risk Management Manufacturing 133

CIO Business Intelligence

MARCH 18, 2024

But while there’s plenty of excitement and change underway, security risks and vulnerabilities have continued to follow right alongside that innovation. Information and intelligence sharing : Requires businesses to engage in information sharing around cyber threats and vulnerabilities as they’re identified.

Risk Management 120

Risk Management Insurance Risk Testing 120

Smart Data Collective

SEPTEMBER 24, 2022

They exploit the natural tendency to trust or provide assistance to gain access to restricted information. They will send messages that imply the individual or the business is in trouble or must verify some information. This can be a very successful way to extract password information and personally identifiable data from individuals.

Interactive 116

Interactive Risk Software Measurement 116

Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

Risk 96

Risk Optimization Management Insurance 96

IBM Big Data Hub

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 77

Risk Modeling Management Metadata 77

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. Quite often, staff and employees may not be aware that they are leaking information. From conversing on personal devices (BYODs) to sending documents to the wrong recipient, or using unsecured applications for transfers, the risk for potential leaks is high.

Risk 122

Risk Management Measurement Optimization 122

CDW Research Hub

MAY 24, 2021

Safeguarding information systems that use, transmit, collect, process, store and share sensitive information has become a top priority. Information security (InfoSec) is a broader practice that encompasses all information flows from end-to-end. Information security requires strategic, tactical and operational planning.

Risk Management 52

Risk Management Risk Unstructured Data Business Objectives 52

Smart Data Collective

SEPTEMBER 13, 2021

One way to mitigate the loss of vital information is to have a sound backup system, which will improve the chances of recovering the data. Remote working has also created greater data security risks. However, for unknown reasons, Facebook did not inform the affected users. Risk assessments. Conclusion.

Risk 125

Risk Strategy Enterprise Finance 125

Information Builders

APRIL 20, 2015

Today at the 2015 CEB Financial Services Technology Summit, Information Builders, a leader in business intelligence ( BI ) and analytics, information integrity, and integration solutions, announced a global partnership with Capital Markets Consulting to help banks, investment managers, and regulators facilitate improved data analysis and enable better (..)

Consulting 58

Consulting Risk Management Risk Marketing 58

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

John Wheeler

OCTOBER 21, 2019

Over the past month, I’ve been speaking to various groups to help them prepare for the onslaught of digital risks in their organizations. A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

Cloudera

FEBRUARY 4, 2021

Financial services institutions need the ability to analyze and act on massive volumes of data from diverse sources in order to monitor, model, and manage risk across the enterprise. They need a comprehensive data and analytics platform to model risk exposures on-demand. Cloudera is that platform. End-to-end Data Lifecycle.

Risk 86

Risk Marketing Technology Management 86

John Wheeler

MARCH 5, 2021

Now that we are recovering from the COVID-19 pandemic crisis, our clients are now looking forward to deploy new ways of managing risk. They can no longer look to the past as an exclusive indicator of what risks may lie ahead. Simply put, business leaders need a better way to manage risks.

Risk Management 105

Risk Management Risk Technology Management 105

DataRobot Blog

JUNE 27, 2022

If the assumptions are being breached due to fundamental changes in the process being modeled, the deployed system is not likely to serve its intended purpose, thereby creating further model risk that the institution must manage. 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

CIO Business Intelligence

SEPTEMBER 20, 2023

The role of the CIO (Chief Information Officer) and CISO (Chief Information Security Officer) have become increasingly important in recent years as organizations place more emphasis on digital transformation and information security. The recent executive order signed by the U.S.

Digital Transformation 111

Digital Transformation Risk Management Risk Machine Learning 111

IBM Big Data Hub

DECEMBER 4, 2023

DORA has several objectives, including to comprehensively address information and communications technology (ICT) risk management in the financial services sector and harmonize the ICT risk management regulations that already exist in individual EU member states.

Risk Management 95

Risk Management Risk Cost-Benefit Business Services 95

IBM Big Data Hub

APRIL 12, 2024

However, they follow different approaches to risk management by using a risk matrix to assess risk at the start of an optimization cycle. This top-down process is effective for new assets since no information about the assets is available. They combine new asset investments with existing asset replacements.

Optimization 91

Optimization Risk Risk Management Management 91

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 94

Management Internet of Things Risk IoT 94

IBM Big Data Hub

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. Similarly, in the U.S.

Risk Management 80

Risk Management Risk Enterprise Business Services 80

Smart Data Collective

MAY 4, 2023

Unfortunately, there are often many weak links in the data security infrastructure, which can increase the risks of data breaches. One issue that they need to take into consideration is the importance of third-party data security risks caused by improper vendor security. These steps can help reduce the risks of data breaches.

Risk Management 79

Risk Management Key Performance Indicator Measurement Risk 79

IBM Big Data Hub

MARCH 25, 2024

For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. Longer-term local climate change risks might still devalue property that hasn’t suffered damage. As a result, their market would shrink.

Insurance 95

Insurance Forecasting Risk Risk Management 95

John Wheeler

DECEMBER 31, 2020

This list is informed by Gartner’s ETT focused research agenda designed to help our Technology & Service Provider (TSP) clients improve their product and service offerings. As a result, integrated risk management (IRM) topped our list in 2020.

Technology 86

Technology Risk Management Digital Transformation Risk 86

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. Database cluster – For this solution, we use an Amazon Aurora MySQL-Compatible Edition 8.0 version cluster.

Data Warehouse 121

Data Warehouse Dashboards Risk Management Risk 121

Smart Data Collective

JULY 16, 2023

The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management. Optimizing hedge fund performance requires the implementation of intelligent strategies, from managing risks to maximizing returns, improving investor relations, and adapting to shifting market conditions.

ROI 71

ROI Data Analytics Analytics Risk Management 71

John Wheeler

DECEMBER 18, 2018

Last week, I had the distinct privilege to join my Gartner colleagues from our Risk Management Leadership Council in presenting the Q4 2018 Emerging Risk Report. We hosted more than 500 risk leaders across the globe in our exploration of the most critical risks.

Digital Transformation 96

Digital Transformation Risk Management Internet of Things Risk 96

Smart Data Collective

MAY 15, 2019

On the other hand, big data has created a number of security risks that they need to be aware of, especially with brands leveraging Hadoop technology. Big data has created a number of security risks for Bluetooth users. Bluetooth Security Risks in the Age of Big Data. The best way to reduce the risk is to turn Bluetooth off.

Big Data 93

Big Data Risk Measurement Data mining 93

CIO Business Intelligence

SEPTEMBER 7, 2023

Additionally, related issues during use are risk of hallucinations and prompt engineering. Additionally, it’s paramount within the financial services sector to ensure responsible AI and adherence to regulatory guidance for model risk. Keeping our AI approach interpretable and managing bias becomes crucial.

Risk Management 98

Risk Management Risk Testing Digital Transformation 98

IBM Big Data Hub

APRIL 18, 2023

ISO 20022 data improves payment efficiency The impact of ISO 20022 on payment systems data is significant, as it allows for more detailed information in payment messages. Improved Analytics: financial institutions can access more detailed information about each transaction, enabling more sophisticated payment analytics.

Risk Management 118

Risk Management Cost-Benefit Risk Data-driven 118

CIO Business Intelligence

MARCH 21, 2024

Besides, our businesses shouldn’t have to worry that outdated network equipment is putting their operation at risk.” In 2018, the day after his employer publicly announced it was being acquired, Lynn Lovelady, then VP of IT at Energen, received a pivotal phone call that would reshape his career.

IT 111

IT Manufacturing Risk Management Risk 111