AWS Big Data

FEBRUARY 1, 2024

Additionally, they need streaming architectures to handle growing trade volumes, market volatility, and regulatory demands. We also used FactSet’s market data solutions for historical and streaming market quotes and trades.

Data Warehouse 125

Data Warehouse Dashboards Risk Management Risk 125

IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Similarly, in the U.S. At IBM, we are committed to helping clients on this journey.

Risk Management 82

Risk Management Risk Enterprise Business Services 82

Cloudera

JULY 15, 2021

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. . In this session we explored what firms are doing to approach the uncertainty with more predictability.

Risk 98

Risk Optimization Management Insurance 98

IBM Big Data Hub

JANUARY 16, 2024

While high interest rates and inflation concerns are carrying over into the new year, financial services trends signal to prepare for major changes in real-time by staying up-to-date on all financial services-related matters, including in banking and capital markets sectors. One example of this is in insurance.

Risk Management 51

Risk Management Insurance Cost-Benefit Risk 51

CIO Business Intelligence

DECEMBER 27, 2023

Generative AI is starting off a new age of exploration in IT,” says Frank Schmidt, CTO at insurance firm Gen Re. For this reason, out-of-the-box LLMs such as Bedrock from Amazon Web Services (AWS) and those from Microsoft may give CIOs the speed to market they desire. However, developing and deploying an LLM is costly.

Insurance 141

Insurance Cost-Benefit Risk Technology 141

IBM Big Data Hub

FEBRUARY 13, 2024

Streamline workflows with personalized content creation, tailored product descriptions and market-ready copy. Many marketing and sales leaders acted rapidly and are already infusing generative AI into their workflows. Automate tedious, repetitive tasks.

Enterprise 128

Enterprise Modeling Testing Data-driven 128

CIO Business Intelligence

JUNE 22, 2022

AssuredPartners is a full-service insurance broker providing commercial insurance, risk management, and employee benefits. The company, which has more than 8,500 employees, plans to continue growing by acquisition, and consolidating the global insurance market. Our goal is to consolidate the global market.

IT 105

IT Insurance Cost-Benefit Risk Management 105

CIO Business Intelligence

OCTOBER 17, 2022

It’s designed to strengthen the security of EU financial firms, such as banks, insurance companies, investment firms and more, by imposing resilience requirements and regulating the supply chain. DORA requires EU financial institutions to assess their own cybersecurity and risk management maturity. Meeting the Challenges.

Risk Management 105

Risk Management Risk Enterprise Testing 105

CIO Business Intelligence

MAY 11, 2022

Commercial insurance is another critical risk-mitigation tool used to reduce operational risks. Organizations may acquire insurance to protect the tangible assets (e.g., BCM, enterprise risk management and internal audit must work together and apply uniform principles to their respective areas of responsibility.

Management 98

Management Testing Insurance Finance 98

CIO Business Intelligence

APRIL 28, 2022

Its success is one of many instances illustrating how the financial services industry is quickly recognizing the benefits of data analytics and what it can offer, especially in terms of risk management automation, customized experiences, and personalization. . million in insurance fraud in just 7 months. .

Analytics 98

Analytics Insurance Big Data Uncertainty 98

CIO Business Intelligence

MARCH 13, 2024

So it’s no surprise creative professionals use these tools to create marketing and sales materials to supplement internal communications and for other purposes. They’re used by developers, marketers, and many other job functions. In customer, industry, and market research productivity, increases were between 40 and 50%, he says.

IT 128

IT Consulting Testing Cost-Benefit 128

Anmut

MARCH 2, 2020

For many businesses, data has become the lubricant that allows markets to operate more seamlessly – allowing firms to better match supply and demand. And it is not just in ‘born digital’ businesses that data is creating a stir by enabling markets to operate more seamlessly. Move away from time and effort – think about focus.

Insurance 52

Insurance Risk Management Risk Cost-Benefit 52

CIO Business Intelligence

MARCH 22, 2022

Roopesh Pujari has been promoted to CTO at marketing and advertising firm Publicis Groupe India. At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. . Publicis Groupe India names Roopesh Pujari as CTO. Roopesh Pujari Roopesh Pujari.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

bridgei2i

MAY 20, 2020

Tourism and Hospitality are also largely affected, but in FS, insurance, and CPG, the impact is moderate. To give a brief introduction, he has over two decades of experience in Analytics, Big data and AI delivery across banking and financial services, commercial finance, insurance, e-commerce, retail, and supply chain.

Enterprise 98

Enterprise Digital Transformation B2B Insurance 98

Cloudera

SEPTEMBER 7, 2023

The way to manage this is by embedding data integration, data quality-monitoring, and other capabilities into the data platform itself , allowing financial firms to streamline these processes, and freeing them to focus on operationalizing AI solutions while promoting access to data, maintaining data quality, and ensuring compliance.

Insurance 81

Insurance Risk Data-driven Finance 81

DataRobot

NOVEMBER 12, 2021

DataRobot was founded in 2012 and today is one of the most widely deployed and proven AI platforms in the market, delivering over a trillion predictions for leading companies around the world. We’ve learned over time, the processes, data fluency, ingenuity and risk tolerances vary greatly across and even within industries.

Insurance 69

Insurance Risk Risk Management Manufacturing 69

Smart Data Collective

FEBRUARY 2, 2021

In 2020, the size of the global Big Data market reached 56 billion, and it’s on track to exceed 103 billion by 2027. FinTech, as a whole, relies mostly on Big Data , helping the industry overcome regulatory obstacles and create innovative solutions such as virtual banking assistants and risk management tools for trading.

Big Data 85

Big Data Recreation/Entertainment Cost-Benefit Finance 85

Cloudera

FEBRUARY 15, 2024

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk.

Insurance 86

Insurance Data Architecture Risk Management Risk 86

Smart Data Collective

SEPTEMBER 25, 2019

million penalty for violating the Health Insurance Portability and Accountability Act, more commonly known as HIPAA. The good news is that the encryption software market is growing. A market forecast from Grand View Research assessed the encryption software market and gave a projection for the period from 2019-2025.

Technology 86

Technology Statistics Strategy Insurance 86

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. I am head of Products here, which comprises of R&D, Product Management and Global Customer support.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

IBM Big Data Hub

FEBRUARY 8, 2024

The AI Act aims to “strengthen Europe’s position as a global hub of excellence in AI from the lab to the market, ensure that AI in Europe respects set values and rules, and harnesses the potential of AI for industrial use.” Risk management – preset risk thresholds, and proactively detect and mitigate AI model risks.

Risk Management 82

Risk Management Risk Metrics Machine Learning 82

CIO Business Intelligence

DECEMBER 7, 2022

Analyst firm IDC expects more of a moving target on tech budgets due to market volatility, the strength of the US dollar, inflation rates, and continued slow global growth due to economic drag by China and other key countries. Megan Duty, VP of technology and project delivery, Puritan Life Insurance Company of America.

IT 132

IT Insurance Cost-Benefit Risk Management 132

DataRobot

SEPTEMBER 16, 2021

Accurate pricing is essential to protecting an insurance company’s bottom line. Pricing directly impacts the near-term profitability and long-term health of an insurer’s book of business. All features are designed to increase the efficiency and accuracy of insurance loss cost modeling. Loss cost modeling-related features.

Modeling 52

Modeling Insurance Cost-Benefit Machine Learning 52

Cloudera

JUNE 23, 2021

Climate change is a challenge for insurers in some obvious ways, such as stronger and more frequent natural disasters. Yet there are also more subtle risks to monitor, including changes to insured assets, risks, and exposures. These kinds of nuanced risk assessments require comprehensive solutions.

Insurance 52

Insurance Risk Modeling Risk Management 52

DataRobot Blog

JULY 21, 2022

Document assumptions and risks to develop a risk management strategy. Highly regulated industries, such as banking, financial markets, and insurance, must comply with government regulations for model validation before a model can be put into production. Define project scope. Align on project vision and end results.

Machine Learning 98

Machine Learning Metrics Modeling Testing 98

Cloudera

MARCH 18, 2021

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. A means of incorporating the risk of market illiquidity, including liquidity horizons that range from 10 to 250 days.

Risk 55

Risk Machine Learning Risk Management Measurement 55

bridgei2i

APRIL 9, 2019

For a more detailed outlook on fraud prevention, read our blog on How Analytics Can Protect Insurers from Fraud. The banking and finance sector is always dependent on computers and data scientists to determine the future patterns of the market. Financial Advisory Services. Robo advisors are reinventing the financial sector.

Unstructured Data 69

Unstructured Data Sales Data-driven Finance 69

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. DORA’s Impact.

Finance 98

Finance KPI Risk IoT 98

bridgei2i

MAY 21, 2019

For a more detailed outlook on fraud prevention, read our blog on How Analytics Can Protect Insurers from Fraud. The banking and finance sector is always dependent on computers and data scientists to determine the future patterns of the market. Financial Advisory Services. Robo advisors are reinventing the financial sector.

Unstructured Data 40

Unstructured Data Sales Data-driven Finance 40

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). This isn’t doom and gloom, it’s an eventuality and it probably leads to better market efficiencies.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

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. trillion in 2020 to $5.16

Enterprise 143

Enterprise Technology Consulting Software 143

Andrew White

JANUARY 11, 2021

As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. How does CDO overlap with Market Research functions? I suspect some of our analysts who cover market research would have insight here. Value Management or monetization. Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

AWS Big Data

AUGUST 14, 2023

For example, an insurance company with a property and casualty legal entity in North America and a life entity in Germany may need to implement DPPM separately within each entity. About the Authors Maximilian Mayrhofer is a Principal Solutions Architect working in the AWS Financial Services EMEA Go-to-Market team.

Management 79

Management Risk Measurement Optimization 79

Jet Global

DECEMBER 22, 2020

In an unpredictable industry such as insurance , finance and accounting teams simply cannot ignore the importance of careful financial management. Smart accounting protects an insurer from changes in the competitive landscape, regulatory issues, internal shake-ups, and even history-making events like the COVID-19 pandemic.

Insurance 69

Insurance Recreation/Entertainment Metrics Finance 69

Jet Global

APRIL 5, 2021

Risk management. That means the FP&As are the people creating the budget and performing financial forecasting to help the CFO and other members of senior management understand the company’s financial situation. This is achieved through thorough risk management strategies that are continually reviewed.

Modeling 98

Modeling Forecasting Metrics Finance 98