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Financial Chief Data Officers Making Advances in Data Management and Compliance but Over Half of Manual Processes Remain

A new survey, conducted by WBR Insights among data and information technology executives within the financial services sector and sponsored by InterSystems, highlights that financial organizations are allocating significant portions of their budget to compliance initiatives, and that 54% of those surveyed further revealed that at least half of these functions are still performed manually within their organization.

Microsoft Azure AI for Health Initiatives

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Why the Future of Healthcare is Federated AI

In this special guest feature, Akshay Sharma, Executive Vice President of Artificial Intelligence (AI) at Sharecare, highlights advancements and impact of federated AI and edge computing for the healthcare sector as it ensures data privacy and expands the breadth of individual, organizational, and clinical knowledge.

How Financial Institutions Can Deal with Unstructured Data Overload

In this contributed article, Chandini Jain, CEO of Auquan, outlines how new AI-powered tools can aggregate, query, analyze and leverage unstructured data to unveil deep insights in record time. She takes a look into how these tools are providing value and helping financial institutions turn mounds of unstructured data into decision-making power.

Video Highlights: AI’s Role in Fight Against COVID-19

Legal and compliance technology company, Relativity premiered its latest installment of its On the Merits documentary series, which aims to showcase how people use data for the greater good. This year’s documentary explores how AI was leveraged in the race for answers around COVID-19.

Data and Analytics are Helping to Drive Healthcare Innovation

In this special guest feature, Ashley Kramer, Chief Product & Marketing Officer for Sisense, highlights the stories of three companies that used data and insights to improve patient care, adapt to a tumultuous healthcare landscape, and maintain strong business operations.

How AI & Price Optimization Can Offset COVID-19’s Impact on B2B Supply Chains

In this contributed article, Barrett Thompson, General Manager of Commercial Excellence at Zilliant, highlights that while 2020 has provided no shortage of supply chain challenges, adopting AI and price optimization can offset negative financial impacts. When equipped with advanced pricing science and software, companies can correct course on the pitfalls of the traditional pricing approach and regain anywhere from 1 to 3% in lost margin.

How Machine Learning and Data Science Can Advance Nutrition Research

In this special guest feature, Kyle Dardashti, CEO & Founder of Heali, discusses how machine learning and data science bring exciting potential to the world of personalized nutrition. Combining these two technologies together on a cohesive platform that supports continuous tracking would allow for real-time validated nutrition recommendations tailored to an individual’s lifestyle.

Video Highlights: COVID Data Community Profile Report

With the COVID-19 data now open to the public, the need for better analysis and aggregation of that information in the U.S. has skyrocketed. If you’re interested in learning more about the current trends impacting the nation and the data that backs it up, check out the Datapalooza COVID Data Community Profile video presentation below, hosted by data journalism firm, CareSet.

Federal Reserve Considering Formal Request for Public Feedback about the Adoption of AI in the Financial Services Sector

It’s great to see the Fed move in the direction of potentially providing clarification and additional guidance around supervision of AI/ML in financial services. Additional guidance from the Fed and other agencies (OCC, CFPB) would help a lot to clarify supervisory expectations when AI/ML models are used. Specific guidance around these topics, provided by Anupam Datta, the Co-Founder, President, and Chief Scientist of Truera, are important.