DataRobot Blog

APRIL 29, 2022

The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks. However, after the financial crisis, financial regulators around the world stepped up to the challenge of reigning in model risk across the financial industry.

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Risk Modeling IT Risk Management 111

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.

Risk Management 105

Risk Management Risk Enterprise Testing 105

CIO Business Intelligence

MARCH 13, 2024

We did side-by-side testing,” he says. In testing, gen AI was also particularly good at generating test cases and creating dummy data for testing. We got 600 people together to test gen AI in a sandbox to try different use cases in 54 different categories.”

IT 128

IT Consulting Testing Cost-Benefit 128

CIO Business Intelligence

MARCH 22, 2022

Chandegara has over 20 years’ experience in managing IT and communication systems. He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. February 2022. Amit Goel joins Blox as CTO.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

Cloudera

SEPTEMBER 7, 2023

The Danger of Black-Box AI Solutions We believe the best, most pragmatic solution for AI in financial services and insurance is what we call–“Trusted AI.” proprietary data, business strategies, methodologies, etc. AI-ify risk management. First , there’s the challenge of protecting one’s business-critical IP—e.g.,

Insurance 81

Insurance Risk Data-driven Finance 81

AWS Big Data

AUGUST 14, 2023

At the same time, unstructured approaches to data mesh management that don’t have a vision for what types of products should exist and how to ensure they are developed are at high risk of creating the same effect through simple neglect. Strategies for measuring value and prioritizing data products are explored later in this post.

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Management Risk Measurement Optimization 76

IBM Big Data Hub

JULY 7, 2023

Learn how to create a holistic data protection strategy Staying on top of data security to keep ahead of ever-evolving threats Data security is the practice of protecting digital information from unauthorized access, corruption or theft throughout its entire lifecycle. Manage third-party-related risks.

Risk 40

Risk Data Governance Data Lake Data-driven 40

bridgei2i

JULY 28, 2020

She’s the founder and CEO of StatWeather, a company, which was recognized as number one in climate technology globally in the year, 2017, by the Energy Risk Awards. She’s the president of European Chamber of Digital Commerce, where she enables companies to develop successful digital strategies in order to shape the digital future.

Enterprise 98

Enterprise Digital Transformation Insurance B2B 98

Andrew White

JANUARY 11, 2021

Do you recommend a consulting approach strategy rather than a CDO strategy? 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? Product Management.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

DataRobot Blog

JULY 21, 2022

Document assumptions and risks to develop a risk management strategy. Identify a consumption strategy. Define the exact calculation for the target variable or create a couple options to test. Test for bias to ensure fairness. These strategies enable you to scale AI adoption.

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Machine Learning Metrics Modeling Testing 98

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. Pricing actuaries can test various advanced algorithms with minimal setup, including XGBoost, GBM, ENET, and GAM. Claim Count.

Modeling 52

Modeling Insurance Cost-Benefit Machine Learning 52

CIO Business Intelligence

APRIL 22, 2022

The exam covers topics including Scrum, Kanban, Lean, extreme programming (XP), and test-driven development (TDD). Candidates can also take a self-test to benchmark their knowledge. Project Management Professional (PMP). Requirements: No prerequisites. Certified ScrumMaster (CSM).

Management 111

Management Cost-Benefit Testing Risk 111

CIO Business Intelligence

FEBRUARY 3, 2023

The Queen’s death brings e-commerce innovation Hobbs joined The Royal Mint in January 2020, bringing 20 years of experience from financial services, where he worked for Barclays Bank, Barclaycard, Lloyds Banking Group and Admiral Insurance.

IT 52

IT Experimentation Scorecard Digital Transformation 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.

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Finance KPI Risk IoT 95

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. Broadcom to buy AppNeta.

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Enterprise Technology Consulting Software 143