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Model Risk Management And the Role of Explainable Models(With Python Code)

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. The post Model Risk Management And the Role of Explainable Models(With Python Code) appeared first on Analytics Vidhya. Photo by h heyerlein on Unsplash Introduction Similar to rule-based mathematical.

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ISO 20022: Are your payment systems ready?

IBM Big Data Hub

ISO 20022 data improves payment efficiency The impact of ISO 20022 on payment systems data is significant, as it allows for more detailed information in payment messages. ISO 20022 drives improved analytics and new revenue opportunities ISO 20022 enables more sophisticated payment analytics by providing a richer data set for analysis.

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Commercial Lines Insurance- the End of the Line for All Data

Cloudera

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.

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Success Stories: Applications and Benefits of Knowledge Graphs in Financial Services

Ontotext

This shift of both a technical and an outcome mindset allows them to establish a centralized metadata hub for their data assets and effortlessly access information from diverse systems that previously had limited interaction. There are four groups of data that are naturally siloed: Structured data (e.g.,

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What is data governance? Best practices for managing data assets

CIO Business Intelligence

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time.

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Serving the Public Through Data

Cloudera

Through processing vast amounts of structured and semi-structured data, AI and machine learning enabled effective fraud prevention in real-time on a national scale. . This resulted in staff spending more time on more complex tasks while also reducing human errors and security risks.

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Leveraging user-generated social media content with text-mining examples

IBM Big Data Hub

Data extraction Once you’ve assigned numerical values, you will apply one or more text-mining techniques to the structured data to extract insights from social media data. Crisis management and risk management: Text mining serves as an invaluable tool for identifying potential crises and managing risks.