DoIT Maryland is the EDM Council’s newest member
Maryland Department of Information Technology (DoIT) provides vital technology solutions that allow the Executive Branch, State Agencies and Coordinating Offices to provide Marylanders with services that enable them to live and work more safely, efficiently and productively. The department champions the state’s strategic direction for Information Technology and Telecommunications, establishing a long range, target technology architecture, encouraging cross agency collaboration and advocating best practices for operations and project management.
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EDM Council welcomes Bank of Lithuania as its newest member
Bank of Lithuania creates benefits for society by achieving a sound financial system and sustainable economic development. The organization is part of the Eurosystem and adopts and implements together with the European Central Bank (ECB) and the central banks of the other nineteen countries that have adopted the euro. The ECB’s primary objective is to maintain price stability in the euro area over the medium term.
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Metropolitan Commercial Bank joins EDM Council
Metropolitan Commercial Bank is dedicated to helping clients grow their businesses and build generational wealth through their solutions-oriented, relationship-focused approached to banking.
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NVR, Inc. becomes the newest member to join EDM Council
NVR, Inc. operates in two business segments: homebuilding and mortgage banking. The homebuilding unit sells and constructs homes under the Ryan Homes, NVHomes and Heartland Homes brands. As a corporate entity, NVR, Inc. provides various support functions for each of its sub-entities. These include sales and marketing support, vital human resource specialists, and an advanced information technology department, which provide a network of resources utilized by NVR, Inc. holdings.
Learn more here.
Welcome ZS Associates, Inc. as EDM Council’s newest member
ZS Associates, Inc. is a management consulting and technology firm that partners with companies to improve life and how we live it. The organization brings together data, science, technology and human ingenuity to deliver better outcomes for all. ZS Associates connects to their client’s business model and product mix with calculated decisions about future opportunities to drive growth.
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TowneBank is the EDM Council’s newest member
TowneBank operates 51 banking offices throughout Hampton Roads, Central Virginia, and Northeastern and Central North Carolina. Experienced local bankers work with each member, providing high-level expertise and personal attention, empowered to make local decisions. The organization provides a full range of banking and other financial services.
For more information, click here.
IELA’s Digital Market Study: Enterprise Data Transformation
Market Study: Enterprise Data Transformation
IELA Digital’s market study, Enterprise Data Transformation, is officially live! This market study provides valuable insights into how data and analytics leaders are modernizing their data infrastructure, integrating Generative AI, and enhancing AI readiness, all while aligning data initiatives with business outcomes.
The study features The Evolving Role of the CDO, an interview with John Bottega, President, EDM Council. In this interview, John discusses the dynamic landscape of the Chief Data Officer’s role over the years. Key highlights include:
- Role Evolution: From managing risk during the financial crisis to leveraging data for business growth.
- CDO Responsibilities: Now includes supporting AI initiatives, with a direct reporting line to the C-suite.
- Challenges: Early turnover due to unclear role definitions and lack of resources, though tenures are increasing as the role gains recognition.
- AI Leadership: Essential attributes for executives leading AI, emphasizing the integration of technology with business strategy.
- Data-Driven Focus: Importance of communicating the benefits of data management in enhancing business outcomes.
Download your copy here
EDM Council welcomes Neuberger Berman as its newest member
Neuberger Berman manages a range of equity, fixed income, private equity and hedge fund strategies on behalf of institutions, advisors and individual investors worldwide. The organization delivers compelling investment results for their clients over the long term- driven by a culture rooted in deep fundamental research, the pursuit of investment insight and continuous innovation on behalf of clients, and facilitated by the free exchange of ideas across the organization.
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WatersTechnology: CDOs evolve from traffic cops to purveyors of rocket fuel
By Max Bowie and Anthony Malakian, WatersTechnology
“As firms start to recognize the inherent value of data, will CDOs—those who safeguard and control access to data—finally get the recognition they deserve?
Evolution usually takes place over epochs. Fortunately, the evolution of roles in capital markets moves faster. Still glacial, but faster, nonetheless. And piecing together that evolution to show the ascent of the chief data officer—from wielding animal bones against those who would try to onboard new datasets without adhering to governance practices, to fueling the mysterious, opaque monolith of generative artificial intelligence—thankfully doesn’t require archeological digs; merely to ask those who’ve done it, then and now…”
John Bottega (President, EDM Council) is feature in the fifth installment of the “Voice of the CDO” article series by WatersTechnology, an annual examination of the major trends affecting data managers in the capital markets.
Read the full article here
BI Solutions joins EDM Council
Bi Solutions creates data analysis systems that enables its clients to inform future strategies and business value, and improve productivity.
For more information, click here.