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Video | Microsoft Partner Showcase – EDM Council

Mike Meriton, Co-Founder of the EDM Council, speaks with Brian Hitney, Cloud Solution Architect at Microsoft, in a video interview discussing the history of the EDM Council and the CDMC framework.

The Cloud Data Management Capabilities Framework was developed by EDM Council’s CDMC Working Group, with 300+ professionals participating from 100+ firms, including the world’s major cloud service providers (CSPs) – AWS, Google Cloud, IBM and Microsoft – plus leading financial firms, consultancies, technology firms and numerous corporations.

Click here to watch the interview

EDM Council Designates Google Cloud as a Certified Cloud Solution

Google Cloud clients migrating sensitive data to the cloud can do so with greater confidence now that Google Cloud has been certified against EDMC’s CDMC control framework

New York, NY – June 26, 2023 – EDM Council, the leading global non-profit trade association for advocating data management and analytics, has today announced that Google Cloud’s new solution architecture, which combines Google Cloud’s BigQuery and Dataplex, has been independently assessed by KPMG and certified by EDM Council as a CDMC (Cloud Data Management Capabilities) Certified Cloud Solution.

“This is an exciting milestone for Google Cloud and the CDMC framework,” said John Bottega, President of EDM Council. “Google Cloud is advancing cloud adoption across all industries. Now as a CDMC Certified Cloud Solution, their clients can have the added certainty that Google Cloud’s architecture has the key controls and accepted best practices in place to protect their data in the cloud.”

“Cloud migration is an important step that many enterprises are still in the process of taking,” added Mark Tomlinson, Principal Architect at Google Cloud who led the project. “While companies want to accelerate their cloud adoption, there are data risks that some may find challenging. Both the new solution architecture and the CDMC Certification should provide peace of mind and support CDOs in this critical step for their businesses.”

According to the Google Cloud Brand Pulse Survey, carried out in the fourth quarter of 2022, over 40% of organizations are increasing their use of cloud-based services and products due to the current macroeconomic climate. However, as enterprises accelerate their adoption, their CDOs face a new challenge: how can they effectively secure, manage and govern rapidly expanding volumes of their most sensitive data in an unfamiliar environment? This new architecture incorporating the CDMC 14 key controls and automations can provide new and existing Google Cloud clients with the confidence to migrate their sensitive data to the cloud.

The CDMC framework, developed and published by the EDM Council’s CDMC Working Group, provides a comprehensive set of data management capabilities, standards and best practices for cloud implementations. Contributors to the framework included some of the largest enterprises in regulated industries, all major cloud service providers plus technology service organizations and major advisory firms. CDMC certification of cloud solutions is attained through a comprehensive review by a CDMC Authorized Partner. The CDMC 14 Key Controls and Automations for protecting sensitive data in the Cloud was published by the Working Group as a first deliverable on July 7, 2021 and is available as a free license to all industries via the EDM Council website.

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About EDM Council

EDM Council is the global association created to elevate the practice of data management and analytics as a business and operational priority. The Council is the leading, global advocate for the development and implementation of data standards, best practices and comprehensive training and certification programs. With over 350 organizations from the Americas, EMEA and Asia, and over 25,000 data management professionals as members, EDM Council provides a venue for data professionals to interact, communicate, and collaborate on the challenges and advances in data management and analytics as critical organizational functions. For more, visit https://edmcouncil.org/.

Hong Kong Monetary Authority becomes the newest member to join the EDM Council

Hong Kong Monetary Authority is Hong Kong’s central banking institution. It was established on 1 April 1993 by merging the Office of the Exchange Fund and the Office of the Commissioner of Banking. The HKMA’s four main functions are:

  • maintaining currency stability within the framework of the Linked Exchange Rate System;
  • promoting the stability and integrity of the financial system, including the banking system;
  • helping to maintain Hong Kong’s status as an international financial centre, including the maintenance and development of Hong Kong’s financial infrastructure; and
  • managing the Exchange Fund.

For more information: click here

Ciklum joins EDM Council as its newest member

Ciklum is a custom product engineering company that supports both multinational organizations and scaling startups to solve their most complex business challenges. With a global team of over 4,000 highly skilled developers, consultants, analysts and product owners, they engineer technology that redefines industries and shapes the way people live.

Based in the UK, Western Europe, the US and Israel, their Global account teams compliment our technical talent and bring extensive sector/domain expertise into focus for their clients. Through these partnerships, they enable their clients to win every day by optimizing their technology investments, avoiding regret bets and leveraging industry best practices.

For more information: click here

EDM Council welcomes Key Bank

Key Bank’s management structure and basis of presentation is divided into two business segments, Consumer Bank and Commercial Bank.The Consumer Bank serves individuals and small businesses throughout our 15-state branch footprint and through our national Laurel Road® digital lending business targeted toward healthcare professionals by offering a variety of deposit and investment products, personal finance and financial wellness services, lending, student loan refinancing, mortgage and home equity, credit card, treasury services, and business advisory services.The Commercial Bank includes our Institutional and Commercial operating segments. The Commercial operating segment is a full-service corporate bank focused principally on serving the needs of middle market clients in seven industry sectors: consumer, energy, healthcare, industrial, public sector, real estate, and technology.

For more information: click here

Aldefi becomes the newest member to join the EDM Council

Adelfi understands the importance of data integrity, trust, and security for your enterprise. With their cutting-edge technology, they provide data immutability, ensuring that your data remains unaltered and tamper-proof throughout its lifecycle. They also offer a unified audit trail and change tracking mechanism, enabling you to keep track of sensitive data across your enterprise.

For more information: click here

BT Group accelerates cloud transformation, passing key industry assessment

Company successfully completes EDM Council’s Cloud Data Management Capabilities (CDMC) assessment, eliminating 70% of duplicated effort in data management through consolidated approach 

London, UK – June 15, 2023 – BT Group’s Digital Unit is accelerating the Group’s cloud transformation with the successful completion of an assessment conducted by ProjectiveGroup, covering all key aspects of managing data for increased value and reduced risk. The assessment was based on the EDM Council’s Cloud Data Management Capabilities (CDMC) Framework, a comprehensive set of industry standard guidelines, standards and best practices for organisations to move their data into cloud, multi-cloud and hybrid-cloud ecosystems.

Passing the assessment gives BT Group a robust framework for moving forward at pace with its cloud and data ambition; it reduces duplication of effort in setting up data classification and management structures by over 70%, saving thousands of hours of effort. As such it gives clear routes not only to the deployment of key strategic applications and data services, but also the pace with which analytics and AI can be deployed responsibly to drive outcomes and build trust for the Group and its customers.

The assessment is the EDM Council’s first in the sector, and saw collaboration from more than 50 experts from 11 disciplines (including data management, architecture, engineering, legal, privacy, security, compliance, networks and more) from across the Group. This assessment demonstrates the Group’s commitment to responsible technology principles and ensuring that all use of data and applications of AI have robust ethical foundations.

As the global trade association for the advancement of data management and analytics, EDM Council developed the CDMC framework through its CDMC Working Group. Participants include hundreds of experts from leading cross-industry organisations, consultancies and technology companies, including the major global cloud providers.

“As we look to drive customer and commercial outcomes built on the potential of our data resources, ensuring we have a robust foundation from which to build is vital. The CDMC framework underpins our data ambition, providing us with a robust, safe and ethical grounding from which to drive value and build trust, for the Group and for customers. It also gives us a yardstick from which to build and measure improvements to ensure we can continue to lead the field. We have been a strong supporter and participant in the development of the CDMC framework since its earliest days,” says Ben Clinch, Head of Information Architecture, BT Group.

“BT Group’s Cloud Data Management Capabilities assessment marks a major milestone in its commitment to cloud leadership,” said John Bottega, President of EDM Council. “Having its cloud platform independently assessed will give the Group’s partners even greater confidence in accelerating their own adoption of cloud and hybrid-cloud strategies with the assurance that their data is controlled and protected.”

“It was my absolute pleasure to complete the CDMC maturity assessment with BT Group. Working with a group of like-minded, innovative, and forward-thinking data professionals who have embraced CDMC and its common language meant that there was a clear understanding of how the framework can help mitigate risk, ensure return on investment and ultimately accelerate BT Group’s journey to the cloud,” said Scott Beange, Head of Data Management of ProjectiveGroup, a CDMC Authorised Partner. “It only convinces us more that in every industry, any organisation working in the cloud needs to adopt CDMC. It has become the standard because it is the best approach for reducing data risk in the cloud.”

The CDMC framework is available as a free download for all industries at https://edmcouncil.org/frameworks/cdmc/ to assess their organisation’s cloud readiness and get a scored analysis of their existing cloud capabilities against the CDMC framework. CDMC certification of cloud solutions is attained with a CDMC Authorised Partner.

 

DataVision London – June 27th

BT Group will be hosting EDM Council’s DataVision 2023 event on June 27th at its 1 Braham Street location. The half-day event, free for members, prospective members, guests and all data management professionals, will include networking opportunities plus panel discussions around cloud adoption and the CDMC framework, GenAI and data ethics, data validation and more. Sarwar Khan, BT’s Head of Digital Sustainability, will deliver an ESG Keynote: Connect For Good In A Sustainable Way. Register here.

About BT Group

BT Group is the UK’s leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services. We also provide managed telecommunications, security and network and IT infrastructure services to customers across 180 countries.  BT Group consists of three customer-facing units: Consumer serves individuals and families in the UK; Business* covers companies and public services in the UK and internationally; Openreach is an independently governed, wholly owned subsidiary wholesaling fixed access infrastructure services to its customers – over 650 communication providers across the UK.  British Telecommunications plc is a wholly owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on the London Stock Exchange.  For more information, visit www.bt.com/about

*Business was formed on 1 January 2023 from the combination of the former Enterprise and Global units.  It commenced reporting as a single unit from 1 April 2023, with pro forma reporting information to be produced ahead of BT Group’s Q1 FY24 results. 

About ProjectiveGroup

ProjectiveGroup is an international end-to-end partner for organisations who want to excel in an ever-changing environment. As a dedicated change agent for the financial industry, they provide seamless consulting services leveraging business, technology, and delivery expertise to drive envisaged benefits and results. Their propositions are focused along the industry themes of data, transformation, payments, talent, and risk and compliance, serving their clients from offices in Europe’s leading financial centres, including Brussels, Amsterdam, London, Frankfurt, and Paris. www.projectivegroup.com

About EDM Council

EDM Council is the global association created to elevate the practice of data management and analytics as a business and operational priority. The Council is the leading, global advocate for the development and implementation of data standards, best practices and comprehensive training and certification programs. With over 350 organizations from the Americas, EMEA and Asia, and over 25,000 data management professionals as members, EDM Council provides a venue for data professionals to interact, communicate, and collaborate on the challenges and advances in data management and analytics as critical organizational functions. For more, visit https://edmcouncil.org/.

Willis Towers Watson joins EDM Council as its newest member

Willis Towers Watson provide data-driven, insight-led solutions in the areas of people, risk and capital that make organizations more resilient, motivate your workforce, and maximize performance. They work shoulder to shoulder with clients, bringing diverse points of view and a deep commitment to your success. By challenging one another, they achieve breakthroughs because only the best ideas survive. The result? Innovative solutions that meet client needs—informed by the global view and the local understanding of the company’s colleagues around the world.

For more information: click here

EDM Council welcomes the U.S. Department of Treasury

The U.S. Department of Treasury’s mission is to maintain a strong economy and create economic and job opportunities by promoting the conditions that enable economic growth and stability at home and abroad, strengthen national security by combating threats and protecting the integrity of the financial system, and manage the U.S. Government’s finances and resources effectively.

For more information: click here

The U.S. Army becomes the newest member to join the EDM Council

The United States Army’s mission is to deploy, fight and win the nation’s wars by providing ready, prompt and sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force. The Army, as one of the three military departments (Army, Navy and Air Force) reporting to the Department of Defense, is composed of two distinct and equally important components: the active component and the reserve components. The reserve components are the United States Army Reserve and the Army National Guard.

For more information: click here