Remove Banking Remove Competitive Remove Loss
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Accelerating AI at scale without sacrificing security

CIO

How does a business stand out in a competitive market with AI? Examples include the 2008 breach of Société Générale , one of France’s largest banks, when an employee bypassed internal controls to make unauthorized trades, leading to billions of dollars lost.

Security 498
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Step 1 to becoming a business-savvy CIO

CIO

For example, if you are in banking, your organization is likely to measure itself by profitability ratios such as net interest margin (the difference between interest income generated and interest expenses) or PCL (provision for credit losses). Marketing and sales had measured success by how many new card accounts were opened.

Business 417
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Why Your Business Needs a Data Backup Strategy

Smart Data Collective

Therefore, to mitigate the risk of losing essential data forever in a data breach or other crisis, every competitive firm should work on its backup strategy to keep such information safe from violation. It is believed that, on average, businesses spend over $6 million to recover from a severe loss of information.

Business 353
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4 perils of being an IT pioneer

CIO

As a result, organizations often rush to adopt new technology believing it will make them operationally more efficient and enhance their competitiveness. A senior IT leader from a bank confronted this challenge while working with a fintech provider. “We For the technology leader from the bank, it served as a valuable lesson.

IT 393
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Gen AI without the risks

CIO

The new banking assistant would have a smaller model that could run on general-purpose (existing) hardware and still deliver excellent, highly accurate services. Training up to 10 billion —modern CPUs with built-in AI acceleration can handle training loads in this range at competitive price/performance points.

Matrix 497
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Beyond growth: M&A as a strategic transformation enabler

CIO

For instance, the increasing cost of capital has affected access to and use of money across all sectors; an increasing regulatory focus on competition and industry dynamics has driven increased scrutiny as a critical factor for uncertainty; geopolitical uncertainties, including unprecedented conflicts across many regions, have forced delays.

Alliance 418
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Predictive Analytics Improves Trading Decisions as Euro Rebounds

Smart Data Collective

Modern investors have a difficult time retaining a competitive edge without having the latest technology at their fingertips. It’s a reaction to both the aftermath of the Russia-Ukraine conflict and the European Central Bank’s hesitant start to raise interest rates (ECB). On July 12, the euro bounced back. Because the U.S.