Difference between revisions of "Data Infrastructure"

From Open Risk Manual
 
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== Definition ==
 
== Definition ==
'''Data Infrastructure''' in the context of [[Risk Management]] denotes the entirety of Hardware and Software along with Information Technology personnel, organisational structure, business process etc. that support the information flows within the organization that are relevant for risk management activities
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'''Data Infrastructure''' in the context of [[Risk Management]] denotes the entirety of Hardware and Software along with Information Technology personnel, organisational structure, business process etc. that support the information flows ([[Data Generation Process]], [[Data Collection Process]]) within the organization that are relevant for risk management activities
  
 
== Components ==
 
== Components ==

Latest revision as of 13:18, 3 September 2019

Definition

Data Infrastructure in the context of Risk Management denotes the entirety of Hardware and Software along with Information Technology personnel, organisational structure, business process etc. that support the information flows (Data Generation Process, Data Collection Process) within the organization that are relevant for risk management activities

Components

The (usually off-the-shelf) software and hardware components comprising the Data Infrastructure are

  • Hardware
    • Servers
    • Compute Clusters
    • Desktop PC's
    • Mobile devices
  • Software
    • Databases
    • Networking
    • Software systems
    • Desktop applications

Issues and Challenges

  • Data infrastructure plays a crucial role in supporting the organization's Risk Data needs, e.g. in the relation to Data Quality


Data information flows within the organization may involve many tailor made processes for data entry, ETL processes, analytics, modelling and reporting

Contributors to this article

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