TDAN

APRIL 6, 2021

Individuals are starting to pay attention to organizational vulnerabilities that compound risks associated with managing, protecting, and enabling access […]. There are also emerging concerns about the ways that big data analytics potentially influence and bias automated decision-making.

Risk Management 64

Risk Management Risk Management Big Data 64

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 110

Strategy Technology Cost-Benefit Risk Management 110

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. I collaborate with multiple stakeholders across many global companies enabling high impact business transformation strategies, and guiding them in their analytics journey.

Risk Management 128

Risk Management Risk Enterprise Management 128

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. The CIO has strategies in place to address all three. The opportunity is too big. billion in 2024 to $521.0

Risk 133

Risk Cost-Benefit Data Processing Testing 133

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

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

IBM Big Data Hub

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Strategy 91

Strategy Management Forecasting Cost-Benefit 91

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. Digital operational resilience testing : Sets out guidance for testing of existing recovery strategies to identify potential vulnerabilities.

Risk Management 120

Risk Management Insurance Risk Testing 120

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. The day continues with Doug Fisher, SVP and CSO at Lenovo , who will share his strategies for strong security leadership.

Strategy 124

Strategy Metrics Risk Risk Management 124

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Strategy 76

Strategy Cost-Benefit Key Performance Indicator Consulting 76

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. Companies want candidates who can drive innovation, deliver meaningful business results, and work closely with other leaders to manage risks.

Risk Management 130

Risk Management Risk Cost-Benefit Technology 130

CIO Business Intelligence

MAY 13, 2024

It focuses on three core areas of documentation: compliance, risk management, and model lifecycle management — processes IBM says are intertwined. Post risk analysis, the enterprise then compares models to see which model best suits the use case at hand, Gentile said. “We What is IBM’s strategy with watsonx.governance?

Risk 114

Risk Machine Learning Modeling Enterprise 114

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. For this reason, it’s highly important to implement the correct strategies to minimize any potential breaches. Management levels. Practising good CSR.

Risk 121

Risk Management Measurement Optimization 121

Smart Data Collective

AUGUST 4, 2023

Many businesses have at least some kinds of cybersecurity plan in place, but not all cybersecurity strategies are equally thorough. Most business decision makers suffer from blind spots and biases that cause them to neglect or underestimate certain risks. Some people struggle with risk identification. Risk assessment.

Strategy 79

Strategy Risk Consulting Risk Management 79

CIO Business Intelligence

MAY 2, 2024

Security and risk management pros have a lot keeping them up at night. Then, you can develop a strategy that integrates advanced technologies to help you prevent (not just detect) them. This strategy forms the basis for companies to navigate the “cyber pandemic” we face and onto a more secure, trusted future.

Strategy 115

Strategy Risk Management Risk Measurement 115

Smart Data Collective

SEPTEMBER 7, 2021

If the record has served its purpose in your office, keeping it around might be an unnecessary security risk. This measure will reduce the likelihood you accidentally send out sensitive information or that an intermediary compromises your mail. How has access to your printers, and do they store document information after printing?

Strategy 124

Strategy Risk Measurement IT 124

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

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 95

Optimization Risk Risk Management Management 95

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 100

Insurance Forecasting Risk Risk Management 100

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

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 84

Risk Management Risk Enterprise Business Services 84

CIO Business Intelligence

APRIL 5, 2024

This year, lawmakers in the state are considering Senate Bill 2 , which would require organizations deploying AI for consequential “high-risk” decisions to develop risk management policies. Last year, the Connecticut General Assembly passed Senate Bill 1103 , which regulates state procurement of AI tools.

Risk 132

Risk Interactive Insurance Strategy 132

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 97

Management Internet of Things Risk IoT 97

CIO Business Intelligence

MARCH 12, 2024

Here are three strategies for getting it done. When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time.

ROI 122

ROI IT Manufacturing Metrics 122

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

MARCH 21, 2024

Through this strategy, Lovelady and his team have struck the often difficult to balance attributes of business unit flexibility with enterprise scale. “At These include network management, help desk, establishing and enforcing policies related to information security and risk management, and several other IT functions.

IT 111

IT Manufacturing Risk Management Risk 111

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 78

Risk Management Key Performance Indicator Measurement Risk 78

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently.

Risk Management 116

Risk Management Risk Marketing Cost-Benefit 116

Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

CIO Business Intelligence

NOVEMBER 3, 2023

AI helps to turn past activities and successes into actionable strategies for future projects at a stroke. For example, AI can quickly answer: what is the best strategy for optimizing savings in a rising market for a particular category? By automating repetitive tasks, difficult problems get more attention, too.

Digital Transformation 128

Digital Transformation Risk Management Risk Machine Learning 128

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. The following top 20 list (see figure below) represents the technologies and trends our clients deem most critical to their strategies for future success.

Technology 86

Technology Risk Management Digital Transformation Risk 86

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. Otherwise, the risks become too significant. times higher ROI.

Enterprise 111

Enterprise ROI Risk Strategy 111

Smart Data Collective

SEPTEMBER 17, 2020

Financial institutions such as banks have to adhere to such a practice, especially when laying the foundation for back-test trading strategies. 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.

Big Data 142

Big Data Finance Risk Management Risk 142

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

CIO Business Intelligence

JUNE 12, 2023

COBIT is an IT management framework developed by the ISACA to help businesses develop, organize, and implement strategies around information management and IT governance. These updates included more information regarding governance surrounding information and communication technology.

Risk Management 94

Risk Management Strategy Digital Transformation Enterprise 94