BizAcuity

JULY 26, 2021

A hybrid cloud environment aids in workload mobility, integration, and management across multiple computing environments. The foundation of a hybrid cloud model is the blend of private and public cloud infrastructures to allow workloads to move between the two interconnected environments. Improved security and risk management.

IT 52

IT Cost-Benefit Data Processing Risk 52

Cloudera

SEPTEMBER 7, 2023

With the emergence of new creative AI algorithms like large language models (LLM) fromOpenAI’s ChatGPT, Google’s Bard, Meta’s LLaMa, and Bloomberg’s BloombergGPT—awareness, interest and adoption of AI use cases across industries is at an all time high. But these measures alone may not be sufficient to protect proprietary information.

Insurance 83

Insurance Risk Data-driven Finance 83

CIO Business Intelligence

MARCH 13, 2024

AI models are able to present best practice code systems to help junior developers learn and hone their skills.” Still, he urges companies to look beyond measurements of coding speed. Much of this improvement was concentrated in junior staff, he adds. “AI What if writing code wasn’t the real issue?”

IT 128

IT Consulting Testing Cost-Benefit 128

DataRobot Blog

NOVEMBER 17, 2022

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. A well-designed model combined with proper AI governance can help minimize unintended outcomes like AI bias.

Risk Management 52

Risk Management Risk Modeling Management 52

CDW Research Hub

FEBRUARY 14, 2020

As a prerequisite, your organization must already have governance and risk management teams, which will define the company policies and set compliance standards from which you can establish procedures. They will also define what is or isn’t acceptable with regard to risk, and what type of compliance your organization needs.

Risk 52

Risk Reporting Measurement Insurance 52

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 88

Insurance Data Architecture Risk Management Risk 88

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. The later introduction of Generalized Linear Models (GLM) significantly expanded the pricing actuary’s toolbox. Claim Count.

Modeling 52

Modeling Insurance Cost-Benefit Machine Learning 52

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

DataRobot Blog

JULY 21, 2022

Outline clear metrics to measure success. Document assumptions and risks to develop a risk management strategy. Machine learning models created in silos are rarely implemented. Models could also be deployed into multiple environments at once. Decide who owns monitoring and who owns model redevelopment.

Machine Learning 98

Machine Learning Metrics Modeling Testing 98

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

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

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. Cybersecurity threats are real.

Finance 98

Finance KPI Risk IoT 98

CIO Business Intelligence

APRIL 22, 2022

It’s designed for those who aspire to have a career in project management and doesn’t require prior experience in the field. The certification includes a combination of hard and soft skills that are relevant to the role of project manager. Master Project Manager (MPM). Requirements: No prerequisites.

Management 111

Management Cost-Benefit Testing Risk 111

Domino Data Lab

FEBRUARY 4, 2019

Lately there’s been lots of dialog about bias in machine learning models, though considering the noise part of the equation is an important corollary. 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.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

AWS Big Data

AUGUST 14, 2023

Taken together, the posts in this series lay out some possible operating models for data mesh within an organization. How do we define “risk” and “value” in the context of data products, and how can we measure this? Strategies for measuring value and prioritizing data products are explored later in this post.

Management 79

Management Risk Measurement Optimization 79

Alation

MARCH 24, 2022

It is critical that firms view data security as part of governance, risk management, and compliance (GRC). With the rise of the internet, concerns around spam and identity theft gave rise to early online privacy measures. A bank vault has both security and privacy measures in place to protect the contents within.

Data Governance 52

Data Governance Risk Data-driven Measurement 52

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 do you think Technology Business Management plays into this strategy? Where does the Data Architect role fits in the Operational Model ? Value Management or monetization.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MARCH 2, 2022

As such, some of the measures published in respect of ESG include: As such, some of the measures published in respect of ESG include: Non-Financial Reporting Directive (NFRD). The SFDR aims to give more transparency about sustainability and provide a common set of rules on sustainability risks.

Reporting 59

Reporting Recreation/Entertainment Risk Insurance 59