• Lessons from Banking on the Role of the Chief Risk Officer
    www.informationweek.com
    Dan Higgins, Chief Product Officer, Quantexa November 29, 20245 Min ReadCalypsoArt via Alamy StockAs the most informed resource about emerging risks within any organization, chief risk officers (CROs) play a vital role in safeguarding business success and fostering a risk-aware culture that promotes resilience and adaptability. CROs are responsible for continuously monitoring and mitigating challenges associated with everything from interconnected risks, new emerging risks on the rise, regulatory compliance, operational efficiency, risk innovation, and transformation across the organization. In short, they are tasked with possessing in-depth knowledge of risks -- including that of emerging climate-related risks -- that can disrupt operations, cause losses, damage reputation, and decrease customer and shareholder trust.Within the financial services sector, the environment financial institutions are operating in is now so acutely high risk that risk management has become core to daily operations, playing a critical role in the success and sustainability of banks and insurers in everything from regulatory compliance and customer trust to operational efficiency and asset management. Heightened geopolitical tensions and challenges endured by the supply and demand shocks of recent years has further forced enterprises to re-evaluate their operations to stay afloat and succeed in todays risk environment. Related:Many CROs within banking are tasked with taking steps to better address liquidity, credit, market, operational, technology, regulatory compliance, and reputational risks as they occur, and can only do this through powerful risk management strategies. These include building a trusted data foundation for a single view of risk and fueling AI with contextual insights to more accurately identify existing, emerging, and hidden risks. This holistic and interconnected view of data is critical to uncovering and responding to interconnected risk factors posed to customers, vendors, and suppliers. Many banks also use this data foundation to better equip their frontline employees with information too, helping turn the cost of managing risk into new opportunities for potential revenue growth.Building a Foundation to Provide a Single View of RiskTo gain a holistic and accurate understanding of risk at scale, CROs should work alongside the chief data officer (CDO) and chief information officer (CIO) to build this data foundation, creating a connected and contextual view of their customers and counterparties based on both proprietary sources (such as customer portfolios) and supplementary sources (such as credit data) -- even more relevant given the current re-focus on risk data aggregation principles, such as BCBC239.Related:For financial institutions, credit risk insights, analytics, and decisioning becomes increasingly effective when combined with entity resolution (ER), knowledge graphs, and AI copilots. ER is the process by which data is cleansed and matched to create entities to ensure that data entries referring to the same real world entity -- whether a business name, product, or individual -- can be connected. Its a critical tool for linking records, de-duplicating and matching data within large systems, and plays an important role in connecting siloed data across multi-source data. Further, knowledge graphs help to visualize and determine the relationship between entities, understand supply chain and concentration across clients and suppliers, the direction of those relationships, and the strength of connections. When using this technology paired with a copilot, it gives teams the ability to easily query the data and make informed decisions faster.This combination connects structured and unstructured data from multiple sources into one holistic view of entities and the relationships between them, to drive a deeper contextual understanding that is essential for improved decision-making and stronger risk management overall. By merging billions of data points from multiple sources, CROs in these financial institutions working in tandem with the CDOs and CIOs within their teams gain a greater view of a customers financial health. This process enables business teams to better assess the overall risk of extending credit to a potential borrower, granting greater risk visibility for the CRO. Where existing credit analytics and insights may initially assess the customer as a low-risk borrower, the deployment of ER and knowledge graphs ensures a more informed and strategic decision-making process when analyzing broader datasets, such as the potential risks of the counterparties a customer interacts with.Related:Fueling AI for Risk ManagementThe deployment of both knowledge graphs and ER is critical to ensuring a trusted data foundation that CROs in other sectors can also rely on to deliver a contextual understanding of risk. This interconnected data foundation is essential to truly realize the value of AI in risk management while simultaneously revealing interconnected risk factors. For both risk management teams and frontline employees, knowledge graphs and ER help strengthen the accuracy and reliability of AI models across the organization to reduce complexity, bolster augmented decision-making, and speed the time it takes to complete tasks from days and weeks to mere minutes. Those who establish a quality data foundation and gain more nuanced and accurate insights using AI with context will have the advantage of operationalizing their data to support their organizations both defensively and offensively.However, according to a recent global survey of risk and compliance professionals on AI in risk management and compliance, two thirds of respondents rate their firms data quality as low quality: inconsistent and fragmented. Further, while nearly 70% of respondents believe AI will be transformative or have a major impact within the next 3 years, just 9% revealed that AI is actively being utilized within their companies for compliance and risk management.From detecting anomalies to identifying patterns and making predictions, the leveraging of AI-enabled tools ensures that CROs stay informed of potential risk factors and can quickly respond when issues arise. However, this will only be effective with increased access to context-based data insights and a trusted data foundation designed to fuel the insights needed for effective risk management. And, in turn, create new opportunities for growth.About the AuthorDan HigginsChief Product Officer, Quantexa Prior to joining Quantexa, Dan Higgins spent over 20 years at EY, where he was responsible for setting global strategy for the $5.5 billion technology consulting business and helping shape the firms platform, product, and asset strategy. As Chief Product Officer at Quantexa, Dan is responsible for aligning product strategy and roadmaps, helping clients uncover hidden risks and identify new, unexpected opportunities using context in data and analytics across the customer and employee life cycle.See more from Dan HigginsNever Miss a Beat: Get a snapshot of the issues affecting the IT industry straight to your inbox.SIGN-UPYou May Also LikeReportsMore Reports
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  • LifeAnalytics: Full Remote:Bio&Pathology Field Senior Full Stuck Developer
    weworkremotely.com
    Headquarters: japan URL: https://life-analytics.orgLifeAnalytics Co,,, Ltd.Recruiting full stack and image processing researchers (life science/digital pathology field)[Job details] Analysis and processing of microscopic images in life science and digital pathology Development and optimization of web-based image analysis applications Research and development of new algorithms using data-driven research methods. Collaboration with researchers inside and outside the team.Qualification requirements 3+ years of experience in computer science, image processing, or related field. Experience in developing image analysis software Knowledge of programming languages (react, Python, C++, etc.) Experience with machine learning and deep learning is a plus. Communication and teamwork skills. Highly Knowledge of open stack[Work location] Fully remote work[What we offer] Career advancement opportunitiesApplication method Please send your resume and cover letter to [Recruiter's email address].LifeAnalytics,,,Co.LTD is looking for passionate researchers who will use cutting-edge technology to pioneer the future of rice science and digital pathology.To apply: https://weworkremotely.com/remote-jobs/lifeanalytics-full-remote-bio-pathology-field-senior-full-stuck-developer
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  • Italian Interiors: Rooms with a View
    worldarchitecture.org
    By Laura May Todd (Author)A stunning survey celebrating the beauty, idiosyncrasy, and romance of Italian interior design There are few countries with such an established design scene, distinctive aesthetic, and universal appeal as Italy. This sumptuously illustrated survey showca...
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  • Supersudaca: Incomplete Works
    worldarchitecture.org
    By Super Sudaca (Author), Fernando Lara (Editor)At the dawn of the new millennium, a group of Latin American young architects found themselves on a pilgrimage to one of the centers of design production of the old world. As pilgrims and migrants have done for thousands of years, t...
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  • Today's NYT Mini Crossword Answers for Sunday, Dec. 1
    www.cnet.com
    Looking forthe most recentMini Crossword answer?Click here for today's Mini Crossword hints, as well as our daily answers and hints for The New York Times Wordle, Strands and Connections puzzles.TheNew York Times Crossword Puzzleis legendary. But if you don't have that much time, theMini Crosswordis an entertaining substitute. The Mini Crossword is much easier than the old-school NYT Crossword, and you probably can complete it in a couple of minutes. But if you're stuck, we've got the answers. And if you could use some hints and guidance for daily solving, check out our Mini Crossword tips.The Mini Crossword is just one of many games in the Times' games collection. If you're looking for today's Wordle, Connections and Strands answers, you can visitCNET's NYT puzzle hints page.Read more: Tips and Tricks for Solving The New York Times Mini CrosswordLet's get at those Mini Crossword clues and answers. The completed NYT Mini Crossword puzzle for Dec. 1, 2024. NYT/Screenshot by CNETMini across clues and answers1A clue: Folder for unwanted filesAnswer: TRASH6A clue: Map app suggestionAnswer: ROUTE7A clue: Country whose flag depicts a blue dharmachakra ("wheel of dharma")Answer: INDIA8A clue: Colorful coat material?Answer: PAINT9A clue: Eggy holiday drinkAnswer: NOGMini down clues and answers1D clue: StumbleAnswer: TRIP2D clue: "Brooklyn" star SaoirseAnswer: RONAN3D clue: The "A" of A/VAnswer: AUDIO4D clue: "Float like a butterfly, ___ like a bee"Answer: STING5D clue: SpicinessAnswer: HEATHow to play more Mini CrosswordsThe New York Times Games section offers a large number of online games, but only some of them are free for all to play. You can play the current day's Mini Crossword for free, but you'll need a subscription to the Times Games section to play older puzzles from the archives.
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  • Today's NYT Connections Hints, Answers and Help for Dec. 1, #539
    www.cnet.com
    Looking for the most recent Connections answers? Click here for today's Connections hints, as well as our daily answers and hints for The New York Times Mini Crossword, Wordle and Strands puzzles.Need the answers for theNew York Times Connections puzzle? To me,Wordle is more of a vocabulary test, but Connections is more of a brainteaser. You're given 16 words and asked to put them into four groups that are somehow connected. Sometimes they're obvious, but game editor Wyna Liu knows how to trick you by using words that can fit into more than one group. Read on for today's Connections hints and answers.There's also news in the Connections world. The Times now has a Connections Bot, like the one it's had for some time for Wordle. Go there after you play to receive a numeric score and to have the program analyze your answers. And players who are registered with the Times Games section can now nerd out by following their progress, including number of puzzles completed, win rate, number of times they nabbed a perfect score and their win streak.Read more:Hints, Tips and Strategies to Help You Win at NYT Connections Every TimeHow to play ConnectionsPlaying is easy.Winning is hard. Look at the 16 words and mentally assign them to related groups of four. Click on the four words you think go together. The groups are coded by color, though you don't know what goes where until you see the answers. The yellow group is the easiest, then green, then blue, and purple is the toughest. Look at the words carefully and think about related terms. Sometimes the connection has to do with just a part of the word. Once, four words were grouped because each started with the name of a rock band, including "Rushmore" and "Journeyman."Read more:New NYT Connections Game for Sports Fans Lets Players Swing for the FencesHints for today's Connections groupsHere are four hints for the groupings in today's Connections puzzle, ranked from the easiest, yellow group to the tough (and sometimes bizarre) purple group.Yellow group hint: Safe place.Green group hint: Hut, hut!Blue group hint: Sweets for the sweet.Purple group hint: Land of the ____.Answers for today's Connections groupsYellow group: Sanctuary.Green group: Football gear.Blue group: Candy names.Purple group: Free ____Read more: Wordle Cheat Sheet: Here Are the Most Popular Letters Used in English WordsWhat are today's Connections answers? The completed NYT Connections puzzle for Dec. 1, 2024. NYT/Screenshot by CNETThe yellow words in today's ConnectionsThe theme is sanctuary. The four answers are haven, port, retreat and shelter.The green words in today's ConnectionsThe theme is football gear. The four answers are cleats, helmet, jersey and pads.The blue words in today's ConnectionsThe theme is candy names. The four answers are Charms, Kinder, Wonka and York.The purple words in today's ConnectionsThe theme is free ____. The four answers are Bird, Fallin, Solo and Willy.
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  • Stalker 2 drops a second patch less than a day after the first
    www.eurogamer.net
    Stalker 2 drops a second patch less than a day after the firstThis one addresses "bug fixes for six missions, along with additional error corrections".Image credit: GSC News by Vikki Blake Contributor Published on Nov. 30, 2024 Stalker 2: Heart of Chornobyl developer GSC Game World has dropped a second patch.GSC Game World moved quickly to acknowledged concerns after release on 20th November, and its initial patch dropped yesterday ushered in "over 650 fixes, including quest blockers, memory leaks, crashes, and minor bugs".Now the second patch in as many days will address "bug fixes for six missions, along with additional error corrections".Some of the fixes listed below contain mission and enemy names and other light spoilers, so if you'd rather not know more, please don't proceed past the video below!Stalker 2 is an open-world shooter with the guardrails removed.Watch on YouTube"Following the release of 1.0.1, we are now ready to proceed with the 1.0.2 patch," GSC Game World explained in the patch notes. "This update includes bug fixes for six missions, along with additional error corrections."Here's the full list of fixes:Fixed an issue when the second wave of monolith soldiers would not spawn during the On the Edge mission, blocking further progression.Fixed the issue when Ritcher could be found dead during the A Minor Incident mission, blocking further progression.The fixed issue was a player could get stuck after installing the fuse in the Wild Island area if they got the Emitter from Faust's Cell first during the Just Like the Good Old Days mission, blocking further progression.The fixed issue was when a player could not successfully complete the All That is Left mission while exploring the Chemical Plant region.Fixed issue when quest enemies could spawn in unreachable areas for a player during the Down Below mission, blocking further progression.Fixed an issue when Scar could be missing during the Visions of Truth mission.A few more EXCEPTION_ACCESS_VIOLATION errors are fixed."Thanks again for your support. We will continue working on future updates, reading your comments and feedback, and fixing 'anomalies' if they occur," the team concluded."If you detect any - report them to our Technical Support Hub. That will help us investigate your particular case and implement fixes faster."Stalker 2: Heart of Chornobyl has, of course, got off to an impressive start despite its technical issues. Earlier this week, GSC Game World revealed the shooter has already sold 1m copies - and that figure doesn't including all those players exploring The Zone via Game Pass.
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  • Terraria's next update is delayed because dev will "not force anyone to crunch for an arbitrary deadline"
    www.eurogamer.net
    Terraria's next update is delayed because dev will "not force anyone to crunch for an arbitrary deadline""Apologies for this one taking so long, but it will be well worth it." News by Vikki Blake Contributor Published on Nov. 30, 2024 Re-Logic has confirmed there's "no way" we'll see Terraria 1.4.5 released this year.In a lengthy update on the official forums, Ted "Loki" Murphy said that whilst the team was approaching the end of their respective to-do lists, end-of-year releases are "fraught with peril" due to review cycles and people going on early leave for the holiday. Consequently, he will not "force anyone on our team or anyone else's team to crunch".Terraria 1.4.5 - The Shocking Effects of Lightning.Watch on YouTube"The work on the final lists from each dev team member is nearing its conclusion, which is a great measure of progress," wrote Murphy. "That said, we are pretty certain that there is no way that we will see Terraria 1.4.5 release this year."To make a long story short, end-of-year releases (especially if you are trying to sync launch across PC-Mobile-Console AND do so globally at the same time) are fraught with peril due to review cycles, people leaving early for the holidays, etc. The hope was that we would be able to get things in ahead of that end of year mess, but that isn't looking to be the case."We are also not going to force anyone on our team or anyone else's team to crunch for what would be an arbitrary deadline," Murphy added. "So, that said, the next Terraria update is moving along into 2025."After acknowledging that the news "will not be welcome for many", Murphy added that Re-Logic "remain[s] committed to being a quality-first studio, so we will take the time necessary for each update to feel 'just right'... and we think that once the update is out, everyone will appreciate that time and care"."Apologies for this one taking so long for sure, but it will be well worth it," he added.We recently learned that Terraria will be linking up with open world pocket monster survival game Palworld for the latter's first big brand crossover. Exactly what this will entail remains to be seen, but artwork posted to social media earlier this week shows characters from the two games interacting ahead of the crossover happening at some point in 2025.
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  • All new map changes and locations in Fortnite Chapter 6 Season 1
    www.videogamer.com
    You can trust VideoGamer. Our team of gaming experts spend hours testing and reviewing the latest games, to ensure you're reading the most comprehensive guide possible. Rest assured, all imagery and advice is unique and original. Check out how we test and review games hereFortnite Chapter 6 is out and it brings a new map. The new island is open to exploration as it brings almost 20 new named locations. Furthermore, you can visit many landmarks that were added with the latest update. Besides these places of interest, the island has a couple of new biomes and a unique terrain.In this article, we will take a look at the new Fortnite map and reveal its locations. Once again, we expect the map to go through major changes throughout the chapter, which will likely end in December 2025.All of the new locations on the Fortnite Chapter 6 mapThe latest Fortnite island brings 18 named locations to the game. The map was revealed ahead of its release, as Epic Games showed glimpses of it in the trailers for the new chapter. Furthermore, the entire island was shown at the end of the Remix Finale live event on Saturday. These are all the new named locations available in Fortnite:Whiffy WharfFlooded FrogsMagic MossesDemons DojoLost LakeTwinkle TerraceBrutal BoxcarsPumped PowerShining SpanFoxy FloodgateNightshift ForestBurdWarriors WatchCanyon CrossingShotguns SolitudeSeaport CityHopeful HeightsMasked MeadowsThe new Fortnite island has 18 named locations. Image by VideoGamerIn a typical Fortnite fashion, alliteration is back and used for most of Chapter 6 locations. As the image above shows, the new map features several different biomes. Furthermore, the island has several bosses, including Godzilla, as well as a giant turtle that carries an island on its back.Since Fortnite Chapter 6 was just released, we dont expect major changes to the map right away. However, Epic might make a few updates for the Winterfest 2024 event. Additionally, with Godzilla arriving in mid-January 2025, the island could see some changes in preparation for the legendary monster. FortnitePlatform(s):Android, iOS, macOS, Nintendo Switch, PC, PlayStation 4, PlayStation 5, Xbox One, Xbox Series S/XGenre(s):Action, Massively Multiplayer, Shooter9VideoGamerSubscribe to our newsletters!By subscribing, you agree to our Privacy Policy and may receive occasional deal communications; you can unsubscribe anytime.Share
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  • Fortnite Chapter 6 Battle Pass: Skins, V-Bucks, price, and more
    www.videogamer.com
    You can trust VideoGamer. Our team of gaming experts spend hours testing and reviewing the latest games, to ensure you're reading the most comprehensive guide possible. Rest assured, all imagery and advice is unique and original. Check out how we test and review games hereFortnite Chapter 6 Season 1 is here and it brings a new Battle Pass! The new chapter brings a unique theme and many characters that youll want to add to your locker. However, keep in mind that the price of the seasonal pass has increased for the first time in seven years. This is not a problem if you are a Fortnite Crew subscriber, as you will receive the new pass, as well as every other pass in the game.Without further ado, lets take a look at new Chapter 6 skins, V-Bucks, and the Battle Pass price!How many skins does Fortnite Chapter 6 Battle Pass have?Once again, Epic Games released eight skins with the Battle Pass. After a short Remix season and a smaller pass, we are back to the regularly scheduled program. The new seasonal pass brings 14 pages of cosmetics for the first 100 levels, as well as bonus rewards. Furthermore, each skin has multiple styles, and more styles will be added in the future.These are all eight Fortnite Chapter 6 Battle Pass skins:NyanjaJade KendoDaigoShadow Blade HopeBaymax The Night RoseGodzillaNyanja is the first skin of the Battle Pass, and youll receive it right after purchasing it. The Night Rose is a level 100 skin, while Godzilla is a bonus skin that will be unlockable through quests in January 2025.Fortnite Chapter 6 Battle Pass brings many new cosmetics. Image by VideoGamerThis seasons pass costs 1,000 V-Bucks, which is a small increase from the previous price. However, the good news is that you can still get your V-Bucks back by leveling up. The Fortnite Chapter 6 Season 1 Battle Pass allows you to unlock 1,500 V-Bucks, which has been the case in the past.If you are subscribed to Fortnite Crew, you will automatically get the new Battle Pass. Furthermore, you will receive the Music Pass and the LEGO Pass. On top of this, the OG Pass will be automatically granted to your account when it comes out on December 6. FortnitePlatform(s):Android, iOS, macOS, Nintendo Switch, PC, PlayStation 4, PlayStation 5, Xbox One, Xbox Series S/XGenre(s):Action, Massively Multiplayer, Shooter9VideoGamerSubscribe to our newsletters!By subscribing, you agree to our Privacy Policy and may receive occasional deal communications; you can unsubscribe anytime.Share
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