Smart Data Collective

JULY 16, 2023

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. We will talk about some of the biggest ways that big data is changing the future of risk management among hedge funds.

ROI 69

ROI Data Analytics Analytics Risk Management 69

IBM Big Data Hub

APRIL 19, 2024

Mobile-connected technicians experience improved safety through measures such as access control, gas detection, warning messages or fall recognition, which reduces risk exposure and enhances operational risk management (ORM) during work execution.

Management 89

Management Internet of Things Risk IoT 89

Smart Data Collective

MAY 4, 2023

As data breaches continue to be a serious concern, organizations need to take stringent measures to protect against them. One issue that they need to take into consideration is the importance of third-party data security risks caused by improper vendor security. The truth is that data breaches are as common as ever.

Risk Management 77

Risk Management Key Performance Indicator Measurement Risk 77

CIO Business Intelligence

DECEMBER 28, 2023

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. What is GRC? GRC is overarching. Why is GRC important?

Risk 105

Risk Risk Management Strategy Enterprise 105

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.

IT 97

IT Risk Management Risk Optimization 97

Cloudera

MARCH 25, 2021

Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. With a strategy and enterprise wide approach to governance in place, compliance becomes a side benefit of becoming a more data-driven organization. .

Data Strategy 65

Data Strategy Strategy Enterprise Insurance 65

CIO Business Intelligence

MARCH 21, 2024

In addition to rationalizing applications and other tactics you would expect, Lovelady knew establishing influence across McWane would be essential for the IT makeover to succeed, and that in turn would require over-communicating, driving accountability, measuring success, and rewarding high performance.

IT 111

IT Manufacturing Risk Management Risk 111

IBM Big Data Hub

MARCH 20, 2024

Prioritizing operational resiliency In our view, the essence of operational resilience is an assumption that disruption is inevitable, and organizations must have measures in place to be able to absorb and adapt to any shocks. This includes cyber incidents, technology failures, natural disasters and more. Similarly, in the U.S.

Risk Management 78

Risk Management Risk Enterprise Business Services 78

IBM Big Data Hub

FEBRUARY 8, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important in investment decision-making over the years. However, it wasn’t until the 1990s that ESG considerations started to appear in mainstream investment strategies. In 1995, the U.S

Measurement 84

Measurement Metrics Reporting Strategy 84

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 80

Risk Modeling Risk Management Measurement 80

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. This requires a holistic enterprise transformation. times higher ROI.

Enterprise 104

Enterprise ROI Risk Strategy 104

CIO Business Intelligence

JUNE 21, 2022

IT governance should be well-defined, clearly understood, and led by principles that reflect your organization’s mission, vision, and strategy, advises Donna Bales, principal research director at Info-Tech Research Group. Poor risk planning. CIOs frequently launch strategic initiatives without fully considering all the risks involved.

IT 115

IT Risk Measurement Risk Management 115

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

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. COBIT 2019 was introduced to build governance strategies that are more flexible and collaborative and that address new and changing technology.

Risk Management 75

Risk Management Strategy Digital Transformation Enterprise 75

Laminar Security

DECEMBER 22, 2023

Implementing DSPM for cost reduction Effective implementation of Data security posture management (DSPM) can drive significant cost reductions in cloud storage by addressing three critical areas: risk management, access governance, and compliance. Data Access Governance (DAG) is pivotal for storage optimization.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. Apart from generating regulatory reports, these teams require visibility into the health of the reporting systems.

Data Warehouse 121

Data Warehouse Dashboards Risk Management Risk 121

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 91

Technology Risk Measurement IoT 91

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 78

Cost-Benefit Testing Strategy Risk Management 78

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 85

Risk Measurement Modeling Risk Management 85

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

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 83

Risk Management Risk Management Measurement 83

FineReport

APRIL 9, 2024

Additionally, BI tools enable organizations to adopt a data-driven approach to strategy formulation, leading to more informed decision-making at all levels. The implementation empowered the organization with predictive modeling capabilities, enabling proactive risk mitigation and personalized customer engagement strategies.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

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 123

Digital Transformation Strategy Data-driven Data Strategy 123

CIO Business Intelligence

MARCH 19, 2024

And so, just as malware countermeasures evolved from standalone antivirus measures to cybersecurity as a whole industry, we can expect a similar trajectory for deepfake countermeasures as the war on reality heats up. Artificial Intelligence, IT Leadership, Risk Management

Risk 118

Risk Machine Learning Risk Management Measurement 118

CIO Business Intelligence

JULY 13, 2023

As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. This area of sustainable IT concentrates on green infrastructure, implementing circular technology strategies and reducing emissions to achieve carbon neutrality. Environment. Governance. The time for action is now.

IT 91

IT Internet of Things Strategy IoT 91

Cloudera

APRIL 19, 2023

In order to monetize their data while still respecting the privacy of their customers, these firms must implement robust data protection measures and adhere to relevant regulations. This includes implementing strong security measures, such as encryption and multi-factor authentication, and only collecting and using data with customer consent.

Data-driven 70

Data-driven Data Architecture Measurement Risk 70

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. While our analysis of each method may appear technical, we believe that understanding the tools available, and how to use them, is critical for all risk management teams. What can you do?

Machine Learning 190

Machine Learning Modeling Testing Risk Management 190

IBM Big Data Hub

FEBRUARY 15, 2024

These include ongoing mitigation strategies and targets for the reduction of greenhouse gas emissions, such as emissions of carbon dioxide and methane. Other climate science innovation could also contribute to climate change mitigation measures, ranging from carbon capture technology to methods of neutralizing ocean acidity.

Insurance 64

Insurance Risk Strategy Risk Management 64

Smart Data Collective

AUGUST 6, 2020

In order to stay safe, maritime organizations must invest in the proper security mechanisms and strategies. Develop a Robust Strategy. Mission Secure believes in a six-part cybersecurity risk management approach. Analyze the risk exposure of internal threats, external threats, and all vulnerabilities.

Risk 95

Risk Measurement Strategy Risk Management 95

CIO Business Intelligence

APRIL 27, 2023

The CIO typically ranks the highest in an IT department, responsible for managing the organization’s IT strategy, resources, operations, and overall goals. Meanwhile, the CTO focuses on technology research and development efforts, often working closely with the CIO to develop a strong IT strategy.

IT 115

IT Software Risk Management 115

Smart Data Collective

MAY 25, 2023

Fortunately, there are a number of measures that small businesses can take to protect their sensitive information from unauthorized access. Cybercriminals target these businesses primarily due to their resource inadequacy and often lack of progressive cyber security measures. Additionally, cybercrime costs SMEs over $2.2

Internet of Things 88

Internet of Things Cost-Benefit Risk Software 88

Octopai

JUNE 19, 2023

This availability of accurate and timely data enables business users to make informed decisions, improving overall business strategies. Catalogs also allow for better Risk Management; data catalogs help businesses maintain regulatory compliance by providing a clear record of what data is stored and how it’s used.

Metadata 88

Metadata Data Governance Measurement Risk Management 88

IBM Big Data Hub

JUNE 29, 2023

By having real-time data at their fingertips, decision-makers can adjust their strategies, allocate resources accordingly, and capitalize on the unexpected spike in demand, ensuring customer satisfaction while maximizing revenue. Key performance indicators (KPIs) are established to measure progress and enable proactive management.

Key Performance Indicator 80

Key Performance Indicator Forecasting Data Integration Sales 80

CIO Business Intelligence

OCTOBER 4, 2023

One strategy, five keys From a technological point of view, the brand’s strategic engine is divided into five investment areas. This also allows us to have the best in terms of global technology, fraud mitigation and prevention, and cybersecurity measures in all markets, all while complying with local regulations and compliance requirements.”

Digital Transformation 129

Digital Transformation Deep Learning Data Lake Risk 129

Ontotext

JULY 6, 2023

By promptly identifying and addressing risks, it enhances operational resiliency and enables proactive risk management. The solution also reduces incident response times, optimizes processes and streamlines asset management. First of all, it helps bridge the gap between business abstracts and technical realities.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

Smart Data Collective

JULY 19, 2021

Risk Management. Companies using data centers within their data recovery strategies do this with the aim of mitigating risk in the case of some external mishap (unfortunate events such as natural disasters). All of these measures are important since no data center can afford a data theft situation or data leaks.

Cost-Benefit 129

Cost-Benefit Risk Management Risk Consulting 129