Financial services organizations cannot afford to take short cuts when it comes to managing data for their business needs. Whether you are a credit union, a life insurance company, a retail brokerage, or a Global Systemically Important Bank (G-SIB), it is critically important to ensure every business unit, application, and end user has access to... more
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
Since the COVID-19 pandemic hit, we’ve seen organizations around the globe accelerate their digital transformations. Companies are engaging with their customers in a different way in the new digital world, building new operating models to bring new products and services to market, and even thinking of new business models to execute their new ideas. All... more
At Informatica, we firmly believe the world of Data 4.0 is here. In this world, trusted data drives digital transformation. Trusted data creates sustainable competitive advantage. Data also carries significant risks and liabilities if best practices around data privacy and compliance are not enforced. But data can be the most valuable compounding asset when managed... more
The COVID-19 pandemic has had a dramatic impact on society worldwide. The emotional and economic damage will be felt for a long time. And the crisis is still evolving, with some countries opening up and staff returning to their offices only to close down again or restrict movement. Communicating Effectively As employees adjust the way... more
Improper payments have been a growing challenge for government entities as they work to support citizens in times of crisis. In 2019, over $175 billion in improper payments were issued by the Federal Government. That’s a 15% increase from 2018. Underlying factors around improper payments are not always due to fraud—inaccurate citizen data, coding errors,... more
When doing some research for this article I came across the following quote from TDWI in 2006: “Profiling, data quality, and data integration are three business practices that go together like bread, butter, and jam. . . data management professionals and their business counterparts need to coordinate efforts and design projects that integrate all three... more
Over the last several months, I’ve had the opportunity to be involved in discussions with chief data officers (CDOs) about how they are dealing with the impact of the COVID-19 pandemic. Across industries, there are three key themes that have consistently surfaced. Dealing with the Initial Shock A crisis such as a global pandemic creates... more
As pharmaceutical and clinical research organizations around the world race to discover and inoculate the global population with a vaccine for COVID-19, artificial intelligence (AI) will play a key role in ensuring that trustworthy, relevant, and timely drug-discovery data can be used to understand and eradicate this global threat. Drug discovery has traditionally been a... more
“Water, water everywhere, nor any drop to drink.” This famous line from Samuel Taylor Coleridge’s poem The Rime of the Ancient Mariner is spoken by a sailor on a stranded ship who is surrounded by saltwater that he cannot drink.What does this have to do with a cloud data lakehouse? Simply put, it’s all about... more