Tag Archives: CFO

Megatrends Will Further Drive Data Governance Prioritization

Data governance evangelists have had it pretty good of late.  First there was the global financial meltdown of 2008, and experienced data management professionals all know – a crisis is a data quality initiatives best friend!  The economic crisis certainly put the pressure on financial services organizations to focus on data governance, initially from a governance, risk and compliance standpoint.   The regulators were watching and no one wanted to go to jail.   But the crisis also helped data governance efforts across all other industries, because CEOs, COOs, CFOs and CIOs are looking for anything they can do to protect their financial margins and remain competitive.   Ensuring trusted, secure data throughout the organization to improve operational efficiencies, reduce costs, reduce risks, increase revenue and market share, and/or provide optimal customer experiences has become an increasingly common executive mandate.  (more…)

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