Tag "Master Data Management"

Master Data Management in Oil and Gas Industry

The Oil and Gas (O&G) industry is an important backbone of every economy. It is also an industry that has weathered the storm of constantly changing economic trends, regulations and technological innovations. O&G companies by nature have complex and intensive data processes. For a profitable functioning under changing trends, policies and guidelines, O&G’s need to... more

Guiding Your Way to Master Data Management Nirvana

Achieving and maintaining a single, semantically consistent version of master data is crucial for every organization. As many companies are moving from an account or product-centric approach to a customer-centric model, master data management is becoming an important part of their enterprise data management strategy. MDM provides the clean, consistent and connected information your organizations... more

Is Your Data Ready to Maximize Value from Your CRM Investments?

A friend of mine recently reached out to me about some advice on CRM solutions in the market.  Though I have not worked for a CRM vendor, I’ve had both direct experience working for companies that implemented such solutions to my current role interacting with large and small organizations regarding their data requirements to support... more

How to Improve Cross Sell and Customer Experience in Banking

I recently refinanced an existing mortgage on an investment property with my bank. Like most folks these days, I went to their website from my iPad, fill out an online application form, and received a pre-approval decision. Like any mortgage application, we stated our liabilities and assets including credit cards, auto loans, and investment accounts... more

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