Tag "Master Data Management"

The 3 Little Architects and the Big Bad Mr. Wolf – A Data Parody for today’s Financial Industry

Once upon a time, there were 3 Information Architects working in the financial services industry, each with different firms and backgrounds but all responsible for recommending the right technology solutions to help their firms comply with industry regulations including ongoing bank stress testing across the globe.  Since 2008, bank regulators have been focused on measuring... more

Achieving Great Data in the Oil and Gas Industry

Have you noticed something different this winter season that most people are cheery about?  I’ll give you a hint. It’s not the great sales going on at your local shopping mall but something that helps you get to the mall allot more affordable then last year. It’s the extremely low gas prices across the globe,... more

Empowering Your Organization with 3 Views of Customer Data

According to Accenture – 2013 Global Consumer Pulse Survey, “85 percent of customers are frustrated by dealing with a company that does not make it easy to do business with them, 84 percent by companies promising one thing, but delivering another; and 58 percent are frustrated with inconsistent experiences from channel to channel.” Consumers expect... more

Highlights of a Data Quality Love Fest – IDQ Summit 2014

Over 100 hardcore data quality professionals gathered at IDQ Summit 2014, held in Richmond, Virginia from 10/6 – 10/9. The agenda was fully packed. Over 40 sessions were launched during the two-day main conference period. In addition, there were two full-day of tutorials being held before and after the conference, covering topics from data quality... more

Data Quality is Actually.. Sexy!

In the old days, data quality process was executed as a one-way process:  IT gets access to raw data and builds lineage and mapping for the data, then passes them to business analyst to perform analysis. Often time analyst finds the data she received are not up to the required standard so she ends up spending... more

Is Your Social Media Investment Hampered by Your “Data Poverty”?

Recently, I talked with a company that had allocated millions of dollars for paid social media promotion. Their hope was that a massive investment in Twitter and Facebook campaigns would lead to “more eyeballs” for their online gambling sites. Although they had internal social media expertise, they lacked a comprehensive partnership with IT. In addition,... more

MDM for Utilities: Data Revives a 100 Year-Old Business Model

In both Europe and North America, there’s something profoundly different about today’s Utility Bill. Today’s bill goes well beyond the amount of money you owe for service that month. Today your Utility Bill is full of DATA. Perhaps it contains baseline analytics around usage and temperature, over a twelve month span. Perhaps it contains additional... more

Monitoring Data with Data Monitoring Tools| Informatica US

As mentioned in my post describing the major business processes that comprise a data governance function, the Measure and Monitor processes i) capture and measure the effectiveness and value generated from data governance and stewardship efforts, ii) monitors compliance and exceptions to defined policies and rules, and iii) enables transparency and auditability into data assets... more