IBM Big Data Hub

APRIL 22, 2024

It follows security standards and guidelines, such as IBM Cloud for Financial Services® , SOC Type 2, that ensures the highest levels of security and compliance requirements. IBM Cloud provides you with well-architected patterns that are secure by default for regulated industries like financial services.

Cloud 68

Cloud Financial Services Compliance Systems administration 68

IBM Big Data Hub

SEPTEMBER 27, 2022

Whether it be financial services, employee hiring, customer service management or healthcare administration, AI is increasingly powering critical workflows across all industries. Data and insights belong to their creator. IBM clients’ data is their data, and their insights are their insights. Is it fair?

Government 52

Government Compliance Data science Financial Services 52

IBM Big Data Hub

NOVEMBER 14, 2023

In today’s hyper-competitive digital landscape, the rapid development of new digital services is essential for staying ahead of the curve. Shockingly, a staggering 33% of developers lack the necessary skills or resources, hindering their productivity in delivering products and services.

Financial Services 101

Financial Services Cloud Compliance Digital transformation 101

IBM Big Data Hub

AUGUST 17, 2023

Some time ago, banks and governments started shifting their attention towards using digital assets in their operations and economies. Banks and governments are actively seeking CBDC because it is a more secure alternative to crypto. Unlike cryptocurrencies like Bitcoin or Ethereum, CBDC is backed by the government and is legal tender.

Blockchain 75

Blockchain Financial Services Risk Authentication 75

AIIM

FEBRUARY 22, 2018

Nowhere is this truer than in the financial services sector. Despite this declared importance – 62% say that “Archiving and long-term digital preservation is a key part of our enterprise information governance and management strategy” -- the reality in most financial organizations is very different.

Digital preservation 93

Digital preservation Insurance Financial Services Digital transformation 93

IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 69

Cloud Financial Services Compliance Digital transformation 69

IBM Big Data Hub

DECEMBER 4, 2023

The Digital Operational Resilience Act (DORA) is a landmark piece of legislation in the European Union (EU) that is designed to help fortify the operational resilience of the financial sector, making it fit for purpose in the digital age. On the surface, this might seem to complicate matters.

Financial Services 94

Financial Services Compliance Risk Business Services 94

IBM Big Data Hub

MAY 8, 2024

For true transformation to begin, we believe it is key to understand the unique challenges organizations are facing—whether it is keeping data secured, addressing data sovereignty requirements or speeding time to market to satisfy consumers. The security of our client’s data is at the heart of everything we do.

Cloud 67

Cloud Customer Experience Artificial Intelligence Compliance 67

IBM Big Data Hub

FEBRUARY 22, 2024

While AI can undoubtedly offer a competitive edge to organizations that effectively leverage its capabilities, we have seen unique concerns from industry to industry and region to region that must be considered—particularly around data. We believe this is particularly important with the rise of generative AI.

Cloud 79

Cloud Computer and Electronics Compliance Financial Services 79

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. Third-party governance. Like other competitive GRC solutions, it speeds the process of aggregating and mining data, building reports, and managing files.

Compliance 57

Compliance Risk Government Retail 57

Reltio

SEPTEMBER 24, 2019

Nicola Askham is the leading data governance training provider in the UK with over 16 years of experience and research in the field. She delivers training and consulting to major organisations to help them implement full data governance frameworks. ” However, I got into data governance totally by accident.

Government 55

Government Digital transformation Big data IT 55

IBM Big Data Hub

FEBRUARY 26, 2024

The financial services industry has been in the process of modernizing its data governance for more than a decade. But as we inch closer to global economic downturn, the need for top-notch governance has become increasingly urgent. Data lineage helps during these investigations. Stakeholders?

Financial Services 100

Financial Services Cloud Metadata Digital transformation 100

AIIM

MARCH 3, 2020

Too often I hear one of two, equally bad answers: Keep Records for Seven years: This seems to be the de facto answer, especially for financial services records. Internal Revenue Service rules around when they can audit individual and corporate tax returns. BIG DATA!!! As near as I can tell, this comes from the U.S.

Records Management 161

Records Management Financial Services Big data Analytics 161

IBM Big Data Hub

MAY 9, 2023

Today, AI presents an enormous opportunity to turn data into insights and actions, to help amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. While the promise of AI isn’t guaranteed and may not come easy, adoption is no longer a choice. It is an imperative.

Data science 77

Data science Artificial Intelligence Metadata Compliance 77

erwin

APRIL 11, 2019

Facebook was in the news again last week for another major problem around the transparency of its user data, and the tech-giant also is reportedly facing 10 GDPR investigations in Ireland – along with Apple, LinkedIn and Twitter. New Data Protection Regulations – Always Be Prepared. Data Governance: The Foundation for Compliance.

GDPR 100

GDPR e-Discovery Compliance Metadata 100

erwin

AUGUST 13, 2020

data protection, personal and sensitive data, tax issues and sustainability/carbon emissions)? Data Overload : How do we find and convert the right data to knowledge (e.g., big data, analytics and insights)? operating strategy, global business services and shared services)?

Artificial Intelligence 143

Artificial Intelligence Healthcare Compliance Financial Services 143

IBM Big Data Hub

APRIL 20, 2023

Along with defining and operationalizing the right level of governance across organizational layers for efficient value orchestration and continuous improvement. A Process Mining exercise drawing data from enterprise SAP has helped measure KPI performance and define the transformation roadmap.

Mining 71

Mining Financial Services Digital transformation Retail 71

IBM Big Data Hub

JUNE 26, 2023

Instead of providing links to multiple articles, the user will receive direct answers synthesized from a myriad of data. It uses vast amounts of internet data, large-scale pre-training and reinforced learning to enable surprisingly human like user transactions. It’s like having a conversation with a very smart machine.

Retail 70

Retail Compliance Risk Education 70

IBM Big Data Hub

DECEMBER 14, 2023

The stakes are especially high for organizations in highly regulated industries because they can be exploited through their digital supply chain, giving hackers access to consumers’ valuable and sensitive data. Consequently, these data breaches can rattle customer trust and the confidence of regulators. 

Cloud 91

Cloud Security Data breaches Cybersecurity 91

IBM Big Data Hub

JULY 26, 2023

AI solutions work by collecting asset performance data and feeding it into machine learning models, which can predict asset health and risk of failure. This use case shows how AI can help by processing unstructured image and video data in addition to structured data in the previous examples. Where to next?

Energy and Utilities 78

Energy and Utilities Agriculture Manufacturing Risk 78

IBM Big Data Hub

MARCH 27, 2024

Climate change exposes organizations across a range of sectors to operational and financial risks. In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life. What is climate risk?

Risk 66

Risk Artificial Intelligence Agriculture Financial Services 66

IBM Big Data Hub

FEBRUARY 5, 2024

Envisioned to comprehensively address information and communications technology (ICT) risk management in financial services, DORA aims to harmonize existing regulations across EU member states. Furthermore, the RTS Article 6 highlights the necessity for all networked traffic, both internal and external, to be encrypted.

Encryption 73

Encryption Data Privacy Compliance Cloud 73

Reltio

MAY 14, 2019

In the early days I worked in data transformation for data into banks through digital printing – amazing that I trained to do all these elaborate hand-crafted books and ended up doing cheque books! It helps that the market has also come towards us and data is at the heart of everything now.

Big data 45

Big data Government Cloud IT 45

ARMA International

NOVEMBER 7, 2019

The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.

Financial Services 52

Financial Services Communications Compliance Risk 52

IBM Big Data Hub

JUNE 26, 2023

AI-based services). Tamar Eilam talked about how she came to the realization that what made cloud the disrupting force that it is was not the fact that it let you share computing resources outside your own data center; it was the automation that came with it that made it special. ” The answers have all been comparable.

Cloud 62

Cloud Financial Services IT Government 62

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. Third-party governance. Like other competitive GRC solutions, it speeds the process of aggregating and mining data, building reports, and managing files.

Compliance 67

Compliance Risk Government Retail 67

Data Matters

JANUARY 2, 2018

The decision could also potentially re-work the seminal third-party doctrine that denies individuals’ reasonable expectation of privacy (under the Fourth Amendment) in data turned over to third parties (like bank account records or telephone billing records). enforcement for data that is stored overseas or involves non-U.S. persons.

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 68

IBM Big Data Hub

JANUARY 10, 2024

The protection of data-at-rest and data-in-motion has been a standard practice in the industry for decades; however, with advent of hybrid and decentralized management of infrastructure it has now become imperative to equally protect data-in-use.

Security 77

Security Cloud Data Privacy Financial Services 77

Thales Cloud Protection & Licensing

DECEMBER 11, 2018

But it looks like my own personal data has been breached – again. What I’d originally planned to write about was a topic that directly applies – why retailers of all stripes are not investing in data security. To make a long story short – the top reason that they didn’t invest in data security was “lack of perceived need” at 52%.

Retail 66

Retail Data breaches Encryption Mining 66

IBM Big Data Hub

JANUARY 18, 2024

Offer self-service options Customers often prefer to complete simple tasks independently. Your chatbot can prompt them and provide more self-service options and resource directions, saving your customers time and reducing your staffing needs. Your potential market is worldwide.

Sales 95

Sales Artificial Intelligence Communications Marketing 95

IBM Big Data Hub

JULY 11, 2023

Register for our LinkedIn Live event on telcos and the Economy of Things The Economy of Things has arrived The EoT is enabled by artificial intelligence, data, IoT and blockchain, bringing liquidity to the IoT. Telcos can also play the role of data providers as well as data marketplace and brokerage operators within the ecosystem.

IoT 54

IoT Artificial Intelligence Agriculture Blockchain 54

DLA Piper Privacy Matters

AUGUST 23, 2021

We have summarised the key compliance obligations under the PIPL below, with new obligations in bold for ease of reference: Relevant Laws/Regulations The PIPL becomes the primary, national-level law governing processing of personal information, but does not replace the existing data privacy framework.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

CGI

FEBRUARY 21, 2017

As financial services organizations are learning, defences against financial crime must be joined up and layered, bringing together both operational and intelligence resources. People, operating models, data and technology all play an equally important a role in the battle against financial crime. AFC is not new.

Customer Experience 40

Customer Experience Financial Services Analytics Risk 40

Thales Cloud Protection & Licensing

JULY 24, 2018

Its unique capabilities include the design and deployment of equipment, systems and services to meet complex security requirements. to discuss the findings of the 2018 Thales Data Threat Report, Federal Edition. Our 2018 Thales Data Threat Report, Federal Edition , issued in conjunction with analyst firm 451 Research, polled U.S.

Encryption 48

Encryption Cloud Data breaches Government 48

Information is Currency

DECEMBER 1, 2017

The challenge isn’t just managing electronic records, but non-records, content and other data as all information needs to be governed because all information provides risk because of many factors such as e-discovery, data breaches and so much more. This book is primarily about digital disruption and how to be prepared for it.

Records Management 40

Records Management Artificial Intelligence e-Delivery Computer and Electronics 40

Data Matters

AUGUST 24, 2018

NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products. The Big Data (EX) Working Group heard a presentation from LIMRA regarding how insurers are utilizing consumer data in underwriting life insurance products.

Insurance 60

Insurance Big data e-Delivery Risk 60

IBM Big Data Hub

FEBRUARY 5, 2024

The Australian government is officially phasing out checks by 2030 as part of a wider range of payment reforms for the digital era. In circumstances like this, financial institutions still need to process checks quickly and securely during the transition period, as checks remain a legacy payment system for the time being.

Financial Services 94

Financial Services Cloud Risk Compliance 94