Articles
The latest articles from PRODCOBTM, newest first.
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NIST AI Risk Management Framework (AI RMF 2023): A Blueprint for Trustworthy and Compliant AI
Artificial intelligence is rapidly transforming industries — from banking and healthcare to government and critical infrastructure. With this transformation comes both opportunity and risk. To address these concerns, NIST released the AI Risk Management Framework (AI RMF 1.0) in January 2023, giving organizations a voluntary, structured approach to manage AI risk and align with emerging…
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A Guide to Federal Reserve SR 11-7 (Model Risk Management)
If you’re new to banking, finance, or risk management, you might have heard people talk about “SR 11-7” like it’s a secret code. In reality, it’s one of the most important regulatory guidelines for how banks should manage the risks that come with using models. Let’s break it down in simple terms. What is SR…
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Risk Regulations in Banking and AI for Senior IT Leaders
The banking industry faces a fast-evolving risk landscape as advanced technologies intersect with heightened regulatory scrutiny. U.S. regulators now expect banks to manage technology-driven risks — cyber threats, AI model transparency, and system resilience — with the same rigor once applied after the 2008 crisis under Dodd-Frank. This article explores recent U.S. regulatory shifts shaping…
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GDPR Compliance Guide for Data Engineers
The General Data Protection Regulation (GDPR), enacted in May 2018, transformed the way organizations worldwide collect, store, and process personal data. For data engineers — the architects of pipelines, lakes, and distributed systems — GDPR is more than a legal framework; it is a set of technical, architectural, and governance requirements that shape the design…