Smart Data Collective

JULY 16, 2023

According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. This blog post will provide an in-depth exploration of these strategies, equipping fund managers with the knowledge to boost their fund performance and investor confidence.

ROI 71

ROI Data Analytics Analytics Risk Management 71

CIO Business Intelligence

JUNE 23, 2023

When asked what keeps them up at night, IT leaders noted the need to improve overall IT performance (60%), followed by data security (50%), process risk and compliance (46%), and the need to improve agility (41%). Sixty-five percent of respondents cited implementing a hybrid cloud strategy as a top priority. Digital Transformation

IT 98

IT Risk Management Risk Optimization 98

erwin

MARCH 12, 2020

It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. The report notes six primary EA competencies in which we excel in the large vendor category: modeling, strategy translation, risk management, financial management, insights and change management.

Enterprise 85

Enterprise Reporting Management ROI 85

Cloudera

MARCH 25, 2021

Reporting on the Virginia CDPA, a recent American Banker article highlights that the introduction of the state privacy laws may force banks to break down the silos. Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes.

Data Strategy 67

Data Strategy Strategy Enterprise Insurance 67

AWS Big Data

FEBRUARY 1, 2024

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. You can run a direct query from QuickSight for BI reporting and dashboards.

Data Warehouse 119

Data Warehouse Dashboards Risk Management Risk 119

Cloudera

OCTOBER 20, 2021

Firms face critical questions related to these disclosures and how climate risk will affect their institutions. What are the key climate risk measurements and impacts? When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers.

Risk 83

Risk Modeling Risk Management Measurement 83

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Entities will also be expected to put appropriate cybersecurity protection measures in place.

Cost-Benefit 82

Cost-Benefit Testing Strategy Risk Management 82

IBM Big Data Hub

APRIL 4, 2024

Lots of innovation is happening, with new technologies emerging in areas such as data and AI, payments, cybersecurity and risk management, to name a few. A third-party risk management review, where the ISV needs to describe how it is complying to required controls. Most of these new technologies are born-in-cloud.

Cost-Benefit 59

Cost-Benefit Risk Management Risk Digital Transformation 59

Smart Data Collective

OCTOBER 26, 2023

AI poses a number of benefits and risks for modern businesses. One poll found that 56% of companies use AI to enhance their cybersecurity strategies. They do in-depth risk assessments, evaluate existing security measures, and propose changes to bolster an organization’s security.

Technology 94

Technology Risk Measurement IoT 94

CIO Business Intelligence

JULY 13, 2023

As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. In fact, a Sustainable IT report by Capgemini states that 89% of companies surveyed recycle less than 10% of their IT hardware, and less than half of executives say they are aware of their organizations’ IT footprint.

IT 97

IT Internet of Things Strategy IoT 97

CIO Business Intelligence

APRIL 29, 2022

A recent report by Enterprise Strategy Group, commissioned by Hewlett Packard Enterprise, explains why data-first thinking matters: because they move faster than their competitors. Create a CXO-driven data strategy. A data-first strategy means a business strategy that is enabled by objective data.

Digital Transformation 130

Digital Transformation Strategy Data-driven Data Strategy 130

CIO Business Intelligence

APRIL 27, 2023

The past year was rough for the tech industry, with several companies reporting layoffs and the looming threat of a recession. And according to the latest 2023 Dice Tech Salary Report , you don’t need to reach for an executive career in IT to earn a six-figure salary. as of January. increase from 2021.

IT 116

IT Software Risk Management 116

IBM Big Data Hub

DECEMBER 14, 2023

While the need for reliable, resilient, recoverable and corruption-free data governance has long been achieved by a backup and recovery routine, more modern techniques have been developed to support proactive measures that protect against threats before they occur. Cyber resiliency goes beyond mere cybersecurity measures.

Risk 84

Risk Measurement Business Objectives Optimization 84

Cloudera

MAY 24, 2022

Alongside guidance initiatives from central banks such as the Bank of England’s pledge and the US Federal Reserve’s committees, organizations are assessing their strategy to measure risk and meet climate disclosure reporting requirements. Climate Risk Measuring and Modeling.

Risk 90

Risk Measurement Modeling Risk Management 90

IBM Big Data Hub

JUNE 29, 2023

Integrated Business Planning (IBP) addresses these challenges by providing a comprehensive framework that integrates strategic, operational and financial planning, analysis, and reporting to drive better business outcomes. Key performance indicators (KPIs) are established to measure progress and enable proactive management.

Key Performance Indicator 84

Key Performance Indicator Forecasting Data Integration Sales 84

CIO Business Intelligence

JUNE 8, 2023

There’s a strong need for workers with expertise in helping companies make sense of data, launch cloud strategies, build applications, and improve the overall user experience. Companies need qualified CTOs, CIOs, vice presidents, and directors who are focused on developing and overseeing the business’ overall technology strategy and goals.

IT 139

IT Digital Transformation Software Risk 139

IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

Risk Management 83

Risk Management Risk Management Measurement 83

CIO Business Intelligence

SEPTEMBER 2, 2022

In the finance industry, software engineers are often tasked with assisting in the technical front-end strategy, writing code, contributing to open-source projects, and helping the company deliver customer-facing services. Full-stack software engineer. Back-end software engineer. Director of software engineering. DevOps engineer.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

In the finance industry, software engineers are often tasked with assisting in the technical front-end strategy, writing code, contributing to open-source projects, and helping the company deliver customer-facing services. Full-stack software engineer. Back-end software engineer. Director of software engineering. DevOps engineer.

Finance 98

Finance IT Software Reporting 98

O'Reilly on Data

DECEMBER 12, 2019

In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. The study of security in ML is a growing field—and a growing problem, as we documented in a recent Future of Privacy Forum report. [8]. Currency amounts reported in Taiwan dollars.

Machine Learning 191

Machine Learning Modeling Testing Risk Management 191

IBM Big Data Hub

FEBRUARY 15, 2024

Heavy rain and tropical storms: Climate change alters precipitation patterns, with NASA reporting more frequent periods of excess precipitation. These include ongoing mitigation strategies and targets for the reduction of greenhouse gas emissions, such as emissions of carbon dioxide and methane.

Insurance 65

Insurance Risk Strategy Risk Management 65

FineReport

APRIL 9, 2024

Comparing leading BI tools provides valuable insights into the diverse capabilities and features available for data analysis and reporting. Additionally, BI tools enable organizations to adopt a data-driven approach to strategy formulation, leading to more informed decision-making at all levels.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

DECEMBER 5, 2022

Human resource management: Plan and identify human resource needs. Communications management: Plan stakeholder communications. Risk management: Perform qualitative and quantitative risk analysis, plan risk mitigation strategies. Procurement management: Identify and plan required procurements.

Management 134

Management Cost-Benefit Key Performance Indicator Software 134

CIO Business Intelligence

FEBRUARY 7, 2023

benrothke Wayne Anderson, a security and risk management leader at Microsoft, offered his “personal guide to cloud security shared responsibility”: If it’s in your interface (compute, network, FW, DB, identity etc.), Implement identity and access management, and continuously monitor and update security posture. you own it.

Data Processing 119

Data Processing Risk Management Risk Consulting 119

IBM Big Data Hub

AUGUST 1, 2023

Delivering high levels of resiliency It’s essential for clients to be able to securely manage mission-critical workloads and enable business continuity as they implement strategies to reduce risk and keep pace with market demands.

Digital Transformation 68

Digital Transformation Risk Data Processing Enterprise 68

CIO Business Intelligence

MARCH 24, 2023

The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.” Data governance framework Data governance may best be thought of as a function that supports an organization’s overarching data management strategy.

Data Governance 142

Data Governance Management Metadata Data Quality 142

Smart Data Collective

DECEMBER 17, 2021

Therefore, to ensure the regular operation of production, sales and development, enterprises should take advanced and effective measures to back up and protect their data. We talked about the benefits of Zero Trust , but there are other data protection measures that you must take too. What is backup? Reduce recovery time.

Cost-Benefit 106

Cost-Benefit Measurement Big Data ROI 106

Ontotext

JULY 6, 2023

Case studies The risk and opportunity event detection use case discussed above combines all of Ontotext’s capabilities: storing and managing large amounts of data adding meaning to it (e.g.,, Connected Inventory Ontotext’s Connected Inventory integrates data from various sources, which enables efficient reporting.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

CIO Business Intelligence

SEPTEMBER 20, 2023

Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams. They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

DataRobot Blog

JUNE 27, 2022

Given the numerous variables that may change, how does the financial institution develop a robust monitoring strategy, and apply them in the context of ML models? A prerequisite in measuring a deployed model’s evolving performance is to collect both its input data and business outcomes in a deployed setting. Conclusion.

Risk 59

Risk Modeling Metrics Measurement 59

Alation

AUGUST 17, 2022

And while IT should never be the data owner for business data, research from Digital Trailblazer author and former CIO Isaac Sacolick shows that 40 percent of business leaders “just want IT to fix the data and deliver reports.” Enterprise risk management. Data management. Environment, social, and governance.

Data Governance 92

Data Governance Risk Data-driven Measurement 92

CIO Business Intelligence

MARCH 13, 2024

According to a research report IDC released in November, based on a survey of over 2,100 business leaders and decision makers with responsibility for AI transformation, 71% of companies already using AI are seeing returns on their AI investments within 14 months, averaging $3.50 for every $1 spent. “AI

IT 128

IT Consulting Testing Cost-Benefit 128

datapine

MARCH 31, 2022

This all-encompassing branch of online data analysis is a particularly interesting field because its roots are firmly planted in two separate areas: business strategy and computer science. Problem-solving : BI isn’t just about analyzing data; it’s also about creating business strategies and solving real-world business problems with that data.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

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

BizAcuity

JULY 26, 2021

According to the 2019 report by Flexera enterprises with a hybrid strategy grew to 58% in 2019 from 51% in 2018. A hybrid cloud environment aids in workload mobility, integration, and management across multiple computing environments. Improved security and risk management. What is a hybrid cloud?

IT 52

IT Cost-Benefit Data Processing Risk 52

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. For this reason, it’s highly important to implement the correct strategies to minimize any potential breaches. By encouraging staff to make a report if they suspect a leak or have information relating to the potential misuse of data, can also reduce the risk of leaks occurring.

Risk 122

Risk Management Measurement Optimization 122

AWS Big Data

APRIL 12, 2023

As the Security Awareness department in particular began developing product strategies to deliver data-driven insights to customers, we were clear on using existing analytics services to rapidly build customer-facing analytics solutions. million end-users to bring cybersecurity training to each employee within an organization.

Dashboards 59

Dashboards Risk Data-driven Visualization 59