Tag "Data Governance"
The new year brings new challenges and opportunities across the financial services industry as banks, brokerages, and life and P&C insurance companies prepare to enter it with enthusiasm and caution. To help shed some light on what might be in store, I’ve compiled a list of the top predictions in 2021 across financial services: The... more
As the end of 2020 approaches and the holiday season is in full swing, we’re raising our glasses to celebrate our Informatica customers—our Intelligent Data Disruptors. Our customers have made 2020 a monumental year with their data-driven initiatives. Here are a few success stories we’re excited to shine some extra light on this holiday season:... more
As organizations across the board face new challenges in these disruptive times, now more than ever data leaders need strategies that deliver business value. In conversations with customers, I’ve heard first-hand how important it is to create a data strategy that’s based on business outcomes. To develop these strategies and succeed in the digital age,... more
I recently had conversations with several data governance leaders who expressed concerns related to the scope of work involved in launching a data governance program. There are plenty of books and white papers promoting examples of robust programs with huge teams. And plenty of technology vendors, anxious to impress, tout the robust features available to solve... more
In my last blog, I wrote about the challenges and opportunities for the four archetypes of data leadership identified in IDC’s state of the chief data officer (CDO) survey [1] commissioned by Informatica. In this blog, I will look at the priorities and challenges reported by chief data officers in the financial services industry. The... more
If you’re like me, you’ve been sheltering in place at home for the past eight months and you’re on your fourth round of watching “Star Trek: The Next Generation.” Okay, maybe that’s just me, but if there’s one thing I take away from 2020, it’s that when times are uncertain, we can always lean on... more
We all know that customer experience is pivotal for attracting and retaining customers in the banking industry. I recently had an interaction with my bank that brought this home in a big way. A few weeks ago, my iPhone’s Face ID failed to work, causing me to be locked out of my bank’s services. As... more
“What’s in it for me?” As a CDO, that’s the key question you need to answer when building out your data governance strategy. In my work with customers, everyone from C-level executives to data practitioners describes a new charter within data governance. While controlling risk and overseeing compliance are still priorities, CDOs are now also... more
Organizations are looking to drive agility and maximize the potential of their analytics initiatives by building new systems or modernizing consolidating existing on-premises systems in the cloud. With its unique architecture, Snowflake Cloud Data Platform provides elasticity, native support for diverse data, and compelling performance at a fraction of the cost while eliminating the complexity of conventional... more
There’s no doubt that good data is a strategic asset to public sector institutions, whether in co-ordinating the national response to the COVID-19 pandemic, supporting and shaping long-term policy initiatives, or improving day-to-day service delivery. Complete, accurate, and accessible enterprise-wide data empowers institutions to make better decisions and take appropriate action, rapidly. Significant volumes of... more