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What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management.

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Using Strategic Data Governance to Manage GDPR/CCPA Complexity

erwin

So it’s important to understand how to use strategic data governance to manage the complexity of regulatory compliance and other business objectives … Designing and Operationalizing Regulatory Compliance Strategy. How erwin Can Help.

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Post-Pandemic Enterprise Architecture Priorities

erwin

In a world where agility and innovation are highly valued, speed is a critical factor for success.COVID-19 forced many businesses to radically change their business models – or re-evaluate their business processes – shifting the focus of enterprise architects. The top priority became mobility through a cloud-first strategy.

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Themes and Conferences per Pacoid, Episode 8

Domino Data Lab

Instead, we must build robust ML models which take into account inherent limitations in our data and embrace the responsibility for the outcomes. Also, while surveying the literature two key drivers stood out: Risk management is the thin-edge-of-the-wedge ?for Those days are long gone if they ever existed. a second priority?at

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Can Machine Learning Address Risk Parity Concerns?

Smart Data Collective

However, before we get started, we will provide an overview of the concept of risk parity. You can find a discussion on the benefits of machine learning for risk parity at the end of this article. What is risk parity? Risk parity is a portfolio management strategy that distributes risk benefits and disadvantages.

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Data-driven competitive advantage in the financial services industry

Cloudera

It provides direction for a robust business strategy that has taken into account risks and ways to manage them. Better visibility of their customers assures banks that they are not exposing themselves to additional risks in the process. Addressing new customers and markets. Personalizing the customer experience.