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The Imperative of Data Management for Banks

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26 July 2023

Data is the raw material of banking. Data management is the scaffolding required to elevate the value of that data.

By Colin Kerr, Principal Analyst - Corporate Banking

Data is the raw material of banking. Quality data is essential for new product development, innovative services, and for the implementation of plans that rely on data science, analytics, and artificial intelligence and machine learning (AI/ML). Chief data officers (CDOs) and product management teams must consider the future-state data architecture and platforms, data management policies and standards, deployment initiatives, and the tools required to enable growth.

Read more via Banking Exchange.

News article details

Industry
Corporate Banking
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America