Cloudera

FEBRUARY 15, 2024

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk.

Insurance 90

Insurance Data Architecture Risk Management Risk 90

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.

Risk 52

Risk Management Scorecard Forecasting 52

CIO Business Intelligence

OCTOBER 11, 2023

A recent report from CNBC 3 noted, “Most of the U.S. AI can help by proactively monitoring operations and flagging when an organization is at risk for non-compliance. AI models can also help evaluate risks, and generative AI can offer suggestions for mitigating those risks. electric grid was built in the 1960s and 1970s.

Unstructured Data 135

Unstructured Data Uncertainty Risk Data Processing 135

IBM Big Data Hub

MAY 14, 2024

Read the report: CEO’s guide to AI in finance Unlocking the value CFOs are not expected to be technology experts. The recent IBM Institute for Business Value report CEO’s Guide to Generative AI on Finance report found “success depends on how quickly finance can turn data into actionable insights.”

Finance 69

Finance Cost-Benefit Reporting Forecasting 69

Laminar Security

JUNE 8, 2023

With the mass adoption of the cloud, businesses of all sizes and industries gained access to the vast amounts of data generated by their own operations, their customers, and the market at large. The global datasphere is estimated to reach 221,000 exabytes by 2026 , 90% of which will be unstructured data. million jobs , a 26.2%

Statistics 82

Statistics Risk Reporting Unstructured Data 82

Cloudera

JULY 29, 2022

It supports business objectives like increasing revenues, improving customer experience, and driving profitability by giving business units and users access to relevant data so they can quickly gain the insight they need. Telecom operators can gain a competitive advantage by leveraging the massive volume of data generated on their networks.

Data Architecture 91

Data Architecture Data Strategy Risk Management Strategy 91

CIO Business Intelligence

MAY 9, 2024

In today’s data-driven world, the ability to seamlessly integrate structured and unstructured data in a hybrid cloud environment is critical for organizations seeking to harness the full potential of their data assets.

Digital Transformation 52

Digital Transformation Data Integration Unstructured Data Data-driven 52

CIO Business Intelligence

JUNE 7, 2022

NLP solutions can be used to analyze the mountains of structured and unstructured data within companies. In large financial services organizations, this data includes everything from earnings reports to projections, contracts, social media, marketing, and investments.

Unstructured Data 89

Unstructured Data Deep Learning Insurance Interactive 89

IBM Big Data Hub

OCTOBER 12, 2022

Every football season, millions of articles, blog posts, podcasts and videos are produced by the media, offering expert analysis on everything from player performance to injury reports. To identify and distill the insights locked inside this sea of “unstructured” data, ESPN collaborated with IBM to teach Watson the language of football.

Unstructured Data 79

Unstructured Data Consulting Statistics Data-driven 79

CIO Business Intelligence

DECEMBER 4, 2023

Although less complex than the “4 Vs” of big data (velocity, veracity, volume, and variety), orienting to the variety and volume of a challenging puzzle is similar to what CIOs face with information management. Operationalizing data to drive revenue CIOs report that their roles are rising in importance and impact.

Unstructured Data 52

Unstructured Data Data Lake Metadata Business Objectives 52

Cloudera

JANUARY 28, 2022

At Cloudera, we firmly advocate that before you start assessing data infrastructure deployments, you must understand the purpose of the data. Are you seeking to improve the speed of regulatory reporting, enhance credit decisioning, personalize the customer journey, reduce false positives, reduce data warehouse costs?

Slice and Dice 117

Slice and Dice Cost-Benefit Risk Data Governance 117

Cloudera

DECEMBER 11, 2020

These include the use of more data sources to gain insights and how cloud technologies can assist with digital transformation goals to be more agile and achieve objectives more quickly. Data Variety. Insurance and finance are two industries that rely on measuring risk with historical data models.

Insurance 97

Insurance Digital Transformation Unstructured Data Machine Learning 97

Smart Data Collective

NOVEMBER 16, 2021

Text mining and text analysis are relatively recent additions to the data science world, but they already have an incredible impact on the corporate world. As businesses collect increasing amounts of often unstructured data, these techniques enable them to efficiently turn the information they store into relevant, actionable resources.

Analytics 118

Analytics Unstructured Data Data Collection Software 118

bridgei2i

MAY 17, 2021

AI-based automation tools can significantly enhance efficiency, reduce human biases and errors, and learn about the data sets to spot anomalies or identify long-term trends. In addition, it can counter the various pitfalls in profiling customers and credit scoring and reducing the supply chain’s potential risks. billion by 2026.

Finance 52

Finance Risk Management Unstructured Data Cost-Benefit 52

Jet Global

SEPTEMBER 4, 2020

Consultants and developers familiar with the AX data model could query the database using any number of different tools, including a myriad of different report writers. The SQL query language used to extract data for reporting could also potentially be used to insert, update, or delete records from the database.

Data Lake 88

Data Lake OLAP Data Warehouse Unstructured Data 88

Cloudera

OCTOBER 28, 2021

Since the beginning of Commercial insurance as we know it today, insurers have been using data generated by other industries to assess and rate risks. In the days of Lloyd’s Coffee House , insurers gathered data about cargo, voyages, seasonal weather and the performance history of vessels and mariners to underwrite risks.

Insurance 99

Insurance Risk Unstructured Data Data-driven 99

Smart Data Collective

DECEMBER 21, 2020

We previously talked about the benefits of data analytics in the insurance industry. One report found that big data vendors will generate over $2.4 Key benefits of AI include recognizing speech, identifying objects in an image, and analyzing natural or unstructured data forms. billion from the insurance industry.

Insurance 134

Insurance Cost-Benefit Big Data Unstructured Data 134

IBM Big Data Hub

OCTOBER 3, 2023

Each football season, millions of articles, blog posts, podcasts and videos are produced by the media, offering expert analysis on everything from player performance to injury reports. However, the challenge lies in harnessing the wealth of “unstructured” data that permeates the sports media landscape.

Modeling 91

Modeling Statistics Consulting Unstructured Data 91

Laminar Security

AUGUST 21, 2023

As we hit 2023, Gartner’s Hype Cycle for Data Security sheds light on the latest advancements and technologies that can bolster data security including data security posture management (DSPM). This provides critical insights into previously unassessed business risks.

Management 40

Management Risk Unstructured Data Data Strategy 40

CIO Business Intelligence

SEPTEMBER 2, 2022

The average salary for a financial software engineer is $116,670 per year, with a reported salary range of $85,000 to $177,000 per year, according to data from Glassdoor. The average salary for a DevOps engineer is $121,173 per year, with a reported salary range of $91,000 to $169,000 per year, according to data from Glassdoor.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

The average salary for a financial software engineer is $116,670 per year, with a reported salary range of $85,000 to $177,000 per year, according to data from Glassdoor. The average salary for a DevOps engineer is $121,173 per year, with a reported salary range of $91,000 to $169,000 per year, according to data from Glassdoor.

Finance 98

Finance IT Software Reporting 98

Ontotext

DECEMBER 16, 2021

A critical component of knowledge graphs’ effectiveness in this field is their ability to introduce structure to unstructured data. Ultimately, this allows for rich search that supports complex queries across both structured and unstructured sources. Regulatory reporting. Clinical study. Literature review .

Metadata 98

Metadata Reporting Unstructured Data Risk 98

Cloudera

NOVEMBER 25, 2020

Sample and treatment history data is mostly structured, using analytics engines that use well-known, standard SQL. Interview notes, patient information, and treatment history is a mixed set of semi-structured and unstructured data, often only accessed using proprietary, or less known, techniques and languages.

Data Warehouse 59

Data Warehouse Unstructured Data Analytics Visualization 59

Cloudera

JUNE 22, 2023

Its built-in intelligence automates common data management and data integration tasks, improves the overall effectiveness of data governance, and permits a holistic view of data across the cloud and on-premises environments. The post Do You Know Where All Your Data Is? Improved scalability and agility. Flexibility.

Cost-Benefit 68

Cost-Benefit Digital Transformation Data Governance Unstructured Data 68

Smart Data Collective

NOVEMBER 25, 2019

Just as companies are becoming more aware of the value of data, so are hackers — and as a result, the frequency and cost of data breaches are beginning to skyrocket. In the future, companies that come to rely on these new data sources will also need to protect that data — or risk the consequences.

Business Intelligence 101

Business Intelligence Predictive Analytics Data Collection Internet of Things 101

Domino Data Lab

JANUARY 21, 2021

There is a risk of injecting bias. Having used pandas profiling for a series of my own projects, I’m pleased to say thisi package has been designed for ease of use and flexibility from the ground up: It has minimal prerequisites for use: Python 3, Pandas, and a web browser is all one needs to access the HTML-based reports.

Statistics 106

Statistics Unstructured Data Data Science Visualization 106

Ontotext

FEBRUARY 26, 2024

The answers to these foundational questions help you uncover opportunities and detect risks. We bundle these events under the collective term “Risk and Opportunity Events” This post is part of Ontotext’s AI-in-Action initiative aimed to empower data, scientists, architects and engineers to leverage LLMs and other AI models.

Data-driven 59

Data-driven Risk Modeling Risk Management 59

erwin

JANUARY 9, 2020

They also face increasing regulatory pressure because of global data regulations , such as the European Union’s General Data Protection Regulation (GDPR) and the new California Consumer Privacy Act (CCPA), that went into effect last week on Jan. Today’s data modeling is not your father’s data modeling software.

Data Governance 144

Data Governance Modeling Metadata Unstructured Data 144

CIO Business Intelligence

SEPTEMBER 21, 2023

The phrase “existential risk” is now everywhere—not in the sense the AI would destroy humanity, but that it would make business functions, or even entire companies, obsolete. If you take something slightly risky and make it a thousand times bigger, the risks are amplified,” he says. But it’s a sign of what’s to come. “If

Enterprise 128

Enterprise Consulting Modeling Cost-Benefit 128

Laminar Security

MAY 3, 2023

According to our recent State of Cloud Data Security Report 2023 , 77% of organizations experienced a cloud data breach in 2022. That’s particularly concerning considering that 60% of worldwide corporate data was stored in the cloud during that same period.

Management 52

Management Risk Risk Management Data Processing 52

Cloudera

NOVEMBER 18, 2021

This included using NiFi to automatically collect and centralize documents consisting of unstructured data and then leveraging advanced natural language processing to extract tacit knowledge and perform sentiment analysis on unstructured text and images from more than 20 million documents. Data for Good.

Data Lake 79

Data Lake Cost-Benefit Digital Transformation Risk 79

IBM Big Data Hub

FEBRUARY 14, 2024

They can streamline workflows to increase efficiency and reduce time-consuming tasks and the risk of error in production, support, procurement and other areas. Many stock market transactions use ML with decades of stock market data to forecast trends and ultimately suggest whether and when to buy or sell.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

Alation

FEBRUARY 13, 2020

At some level, every enterprise is struggling to connect data to decision-making. In The Forrester Wave: Machine Learning Data Catalogs, 36% to 38% of global data and analytics decision makers reported that their structured, semi-structured, and unstructured data each totaled 1,000 TB or more in 2017, up from only 10% to 14% in 2016.

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

erwin

JUNE 26, 2020

A data catalog uses metadata, data that describes or summarizes data, to create an informative and searchable inventory of all data assets in an organization. Clearly documents data catalog policies, rules and shares information assets. Managing a remote workforce creates new challenges and risks.

Metadata 132

Metadata Cost-Benefit Measurement Data-driven 132

Ontotext

MAY 22, 2023

The rich semantics built into our knowledge graph allow you to gain new insights, detect patterns and identify relationships that other data management techniques can’t deliver. Plus, because knowledge graphs can combine data from various sources, including structured and unstructured data, you get a more holistic view of the data.

Management 59

Management Unstructured Data Metadata Cost-Benefit 59

AWS Big Data

APRIL 19, 2023

Every day, customers are challenged with how to manage their growing data volumes and operational costs to unlock the value of data for timely insights and innovation, while maintaining consistent performance. As data workloads grow, costs to scale and manage data usage with the right governance typically increase as well.

Data Warehouse 55

Data Warehouse Data Lake Unstructured Data Optimization 55

Cloudera

OCTOBER 26, 2020

The validation of both solutions functioning as intended will benefit our joint customers with better support, reduced risk, and lower total cost of ownership (TCO). . Relevance-based text search over unstructured data (text, pdf,jpg, …). Better performance for fast changing / updateable data.

Testing 90

Testing Cost-Benefit Unstructured Data Big Data 90