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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.

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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.

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Maruti Suzuki India Limited joins EDM Council as its newest member

Maruti Suzuki India Limited has an extensive service network that spans across more than 1800 cities in India, making it easily accessible for customers. At every authorized Maruti Suzuki Service Station, they have a team of highly trained and experienced technicians who follow strict guidelines to ensure that customer vehicles receives proper service. Maruti Suzuki authorized service centre ensure quality service by certified and expert technicians with the use of genuine Maruti Suzuki parts and accessories, transparent evaluation and technology-driven solutions.

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EDM Council welcomes Mainstream

Mainstream is a  provifer of cloud transformation, infrastructure and managed services in SEE. Their solutions harness the power of multiple cloud platforms and are backed by their European network of eight data centers, providing enterprise-class performance with the highest level of reliability.They are 100% cloud-focused. Partnering with the top cloud providers – MS Azure, AWS and Google Cloud – they deliver uniquely tailored solutions that im-prove agility, flexibility and profitability for every client and on every cloud platform.

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National Bank of Belgium becomes the newest member to join the EDM Council

National Bank of Belgium aims to keep the value of money stable. Clients can also rest assured that, thanks to the National Bank’s supervision, their money is safe and secure in any Belgian bank. It also ensures that they can pay smoothly and safely both online and by cash, and that they have access to accurate economic and financial information. In addition, the National Bank also acts as bank for the government and manages the Central Balance Sheet Office and Central Credit Register, which register annual accounts and loans. By contributing to a stable financial system and trustworthy financial institutions, the NBB is helping to create a climate of trust in which everyone can develop to their full potential.

For more information: click here

Nationwide Building Society joins EDM Council as its newest member

Nationwide Building Society offer mortgage, investment, insurance, loan services and more! They are a building society where their aim is to provide their members with the best value in banking. They partner with other organizations committed to creating a more caring and respectful society, in all walks of life and aspire to improve communities by providing 1% of pre-tax profits to charities.

For more information: click here