Remove Analytics Remove Banking Remove Business Analytics Remove Compliance
article thumbnail

CECL Compliance – Time it right

Newgen Software

The rider on the CECL Compliance mandate – banks need to maintain reserves for all loan types, impaired or not. A much-needed huddle of chief credit officers, chief financial officers, chief risk officers, chief information officers, compliance officers, and business intelligence officers to prepare for the future.

article thumbnail

Five Trends for the Financial Services Industry to Track in 2021

Cloudera

Here’s my take on some of the trends specific to the impact that data, analytics and AI/ML will have as we look at the year ahead. . By taking a digital-first approach, many banks found an opportunity to tailor their product and services to customers. Trend #1: The Crossroads of Risk Management and Emerging Technology.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Announcing the 2021 Data Impact Awards

Cloudera

We will be looking out for entries from organizations that have centralized management, security, and governance of their data and metadata policies, ensuring consistent data lineage, and control without impacting the ability of the business to drive value and insight from the data. PEOPLE FIRST. A new award category for 2021. DATA FOR GOOD.

Data 65
article thumbnail

Auditing ChatGPT – part II

Capgemini

For the latter, the reasons cited are cybersecurity, the protection of minors, and compliance with current laws (e.g., Morgan, Bank of America, Deutsche Bank, etc.) Figure 4: Impact of the EU AI Act on LLMS3 Assessing model compliance is one of Quantmetry’s core competencies, particularly in relation to the EU AI Act.

ChatGPT 52
article thumbnail

Data Virtualization: Process, Components, Benefits, and Available Tools

Altexsoft

Not to mention that additional sources are constantly being added through new initiatives like big data analytics , cloud-first, and legacy app modernization. Then a variety of consumer applications and tools, each with its own semantic layer, can make use of that data for BI analytics and other tasks.

article thumbnail

What is a chief data officer? A leader who creates business value from data

CIO

To date, many of those appointments have been concentrated in the insurance, banking, media and entertainment, retail, and IT/technology verticals. They may also be responsible for data analytics and business intelligence — the process of drawing valuable insights from data.

Data 333
article thumbnail

Technology Trends for 2023

O'Reilly Media - Ideas

Governance (year-over-year increase of 72%) is a very broad topic that includes virtually every aspect of compliance and risk management. Data Data is another very broad category, encompassing everything from traditional business analytics to artificial intelligence. NoSQL databases was second, with 7.6%

Trends 133