DataRobot Blog
JUNE 27, 2022
If the assumptions are being breached due to fundamental changes in the process being modeled, the deployed system is not likely to serve its intended purpose, thereby creating further model risk that the institution must manage. These observations would have spanned a distribution, which the model leveraged to make its forecasts.
bridgei2i
APRIL 23, 2020
The banking sector globally is definitely going to see impact, some more grave than the others and most of them are announcing short to mid term measure both from a customer and business risk mitigation standpoint. Europe is in worse shape than America, with banks in UK, Italy and Germany in the risk of being in red.
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CIO Business Intelligence
SEPTEMBER 7, 2023
In order to create a culture where product teams own the reliability of their offerings, the Digital Payments team made seven instrumental changes: Define, measure, and reveal product goals : We broke down and extended key reliability goals to each product area.
CIO Business Intelligence
MARCH 25, 2024
This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. How does persistent funding reduce risk? How does persistent funding improve the ability to track ROI?
CIO Business Intelligence
OCTOBER 2, 2023
Furthermore, the PMO serves as a centralized deposit of project-related information, such as status reports, identified risks and project interdependencies. According to Sargeant, companies in highly regulated industries, as well as organizations where projects present high levels of risk, often opt to implement a controlling PMO.
Alation
DECEMBER 20, 2022
Failing to measure the impact of digital transformation against corporate strategies and OKRs. The measurement of an improvement and transformation is important,” Shaun Guthrie , senior VP of IT at Peavy Industries, points out “[It’s] Not just whether you improved revenue, efficiency, etc., No place is the risk higher than data.
datapine
AUGUST 19, 2020
Inventory metrics are indicators that help you monitor, measure, and assess your performance – and thus, give you some keys to optimize your processes as well as improve them. If you’re centered only on monitoring numbers, without focusing on the human aspect, you risk business bottlenecks in the long run.
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