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5 Recommendations for a Hybrid Cloud and On-Prem Approach

AIIM

Although cloud services can drive cost savings, their main value lies in supporting a fast-moving digital business transformation. One specific example is the case of a large insurance company. Consider the challenge for a Fortune 100 financial services company at tax time. But how does this play out in the real world?

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Keeping Up with New Data Protection Regulations

erwin

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS).

GDPR 100
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How to Prevent Data Breaches: Data Breach Prevention Tips

eSecurity Planet

For example, a security admin might send a message to all team members and then perform a system scan. In this example, the security admin is responsible for alerting his team. A CRM at a large financial services company might have an RTO of 15 minutes, while a storage archive for cold data may have an RTO of 12-24 hours.

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Four Use Cases Proving the Benefits of Metadata-Driven Automation

erwin

Organization’s cannot hope to make the most out of a data-driven strategy, without at least some degree of metadata-driven automation. Metadata-Driven Automation in the BFSI Industry. The banking, financial services and insurance industry typically deals with higher data velocity and tighter regulations than most.

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AI Governance: Why our tested framework is essential in an AI world

Collibra

If you’re in financial services, maybe you’re considering how to incorporate AI into fraud detection, or personalized customer service, denial explanations or financial reporting. But as you move into launch, and despite all your best efforts, your model will still produce errors, for example because of data drift.

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The Economy of Things: the next value lever for telcos

IBM Big Data Hub

The anchor identity of the device along with metadata about the device itself, data about its locatio , and transactions made on its own behalf is its own unit of value. Vertical data platforms owned and operated by telcos and targeting a specific industry such as automotive, agriculture or financial services already exist today.

IoT 55
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The most valuable AI use cases for business

IBM Big Data Hub

For example, Amazon reminds customers to reorder their most often-purchased products, and shows them related products or suggestions. For example, a supply-chain function can use algorithms to predict future needs and the time products need to be shipped for timely arrival. Routine questions from staff can be quickly answered using AI.