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U.S. Financial Technology is a leading U.S. mortgage securitization technology provider that operates the cloud-based infrastructure supporting the issuance and administration of single-family mortgage-backed securities for Fannie Mae and Freddie Mac, helping maintain liquidity across the U.S. housing finance market.
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The Isle of Man’s landmark Data Asset Foundations legislation has received Royal Assent, completing the formal legislative process for the world’s first statutory framework enabling governed data assets to be formally recognised within law and managed within a clear legal structure.
The completion of the Bill establishes the legal foundation for the next phase of implementation across the Data Asset Foundations programme and marks a defining moment in the island’s long-term digital and economic development…
Toronto, Canada and New York, NY, May 28, 2026 / The EDM Association and the Canadian Lenders Association today announced a strategic collaboration to strengthen the role of trusted data, standards, and analytics across Canada’s lending and risk ecosystem.
The collaboration brings together two organizations already serving many of the major national banks in Canada. The EDM Association is a global, member-driven trade association dedicated to advancing data management, advanced analytics, standards, software, and systems, with more than 700 member firms and 30,000 professionals across industries. The CLA is Canada’s largest finance organization, representing banks, credit unions, fintechs, non-bank lenders, specialty finance companies, and service providers across consumer, commercial, automotive, real estate, and SMB finance.
The partnership comes at a critical moment for Canadian financial services. Lenders are being asked to make faster decisions, manage more complex risk, respond to evolving regulatory expectations, and support the transition to a more sustainable economy. At the same time, the quality, lineage, governance, and interoperability of data have become central to credit adjudication, fraud prevention, climate risk, capital allocation, and real estate finance.
Through this collaboration, the EDM Association and the CLA will focus on four priority areas:
“As financial institutions become more data-driven, the question is no longer whether data matters. The question is whether the data can be trusted, governed, understood, and used responsibly across the enterprise,” said John Bottega, President of the EDM Association. “Data management is not a one-time project. It is an ongoing institutional capability. Our collaboration with the Canadian Lenders Association will help bring global best practices in data management, standards, and education to the lending and risk community in Canada.”
“This partnership is harmonizing data frameworks” said Gary Schwartz, President & CEO of the Canadian Lenders Association. “Canadian lenders are operating in a more complex environment, with rising expectations around credit performance, fraud prevention, sustainability, real estate exposure, and regulatory transparency. Working with the EDM Association allows us to help our members move from fragmented data to trusted intelligence, and from isolated risk management to shared industry capability.”
The collaboration will also extend to the upcoming RISK Reimagined Summit, taking place in New York on September 8, 2026, where the CLA, EDM Association, and other North American financial services leaders will convene to examine how risk is evolving from a defensive control function into a strategic leadership discipline. The summit will focus on practical executive dialogue across resilience, fraud, cyber, AI governance, operational risk, data governance, and financial sector transformation.
“Risk is now a data problem, a governance problem, and a leadership problem,” added Schwartz. “The institutions that succeed will be those that can convert trusted data into timely decisions. That is why this collaboration matters.”
“Standards are the foundation for transparency, interoperability, and trust,” added Bottega. “Whether the issue is lending risk, climate data, regulatory reporting, or real estate exposure, organizations need a common language and a disciplined approach to data. This partnership is designed to help the market build those capabilities together.”
EDM Association is the only global trade association connecting the data, software, systems, and standards disciplines to accelerate industry innovation and our members’ business success. The Association provides a neutral forum for developing and implementing best practices, frameworks, standards and comprehensive training programs to advance data management, AI optimization, digital twins, augmented reality and more. Today, our membership community—comprising over 700 organizations from the Americas, EMEA and Asia, and over 50,000 professionals—collaborates to build trust and confidence in the data that powers their AI, digital transformation, innovation, regulatory initiatives and business goals. Join the data driven. Learn more at https://edma.org.
The Canadian Lenders Association is the national voice of Canada’s financial ecosystem, representing banks, credit unions, non-bank lenders, fintech companies, and service providers across consumer, automotive, real estate, commercial, and SMB finance. The CLA advances industry standards, policy development, market education, and innovation to support responsible lending, financial inclusion, and a more competitive Canadian credit market. Learn more at https://www.canadianlenders.org/.
SAN FRANCISCO, May 28, 2026 – The Business Architecture Guild®, a global community of business architecture practitioners, announced that registration is open for the Business Architecture Master Series: Business Architecture’s Role in Enterprise Data Management, taking place in Orlando, FL, September 15–17, 2026.
This latest installment of the Master Series brings together the Business Architecture Guild® and the EDM Association (EDMA), leading voices in their fields, to facilitate a comprehensive, hands-on experience focused on how to leverage business architecture to address data management and strategic data transformation challenges. Designed for business and data management practitioners, participants will engage in expert-led, interactive discussions and working sessions, leaving with new skills, confidence, and a clear path addressing business-driven data challenges in practice.
Key topics include:
William Ulrich, thought leader and Guild Co-founder, said, “Business architecture and high integrity data play an outsized role in enabling the growth and expansion of AI. This workshop will provide key insights into where and how these important disciplines enable AI and related investments.”
Whynde Kuehn, global thought leader in business architecture, added, “The future belongs to organizations that intentionally integrate business architecture with data management to drive insight, innovation, and lasting impact.”
Due to its interactive nature, this is an in-person event only. Early registration is encouraged as seating is limited.
The Business Architecture Guild®, an international, not-for-profit with members in over 100 countries, offers valuable resources to a wide range of business and technology practitioners. The Business Architecture Guild® is the source for A Guide to the Business Architecture Body of Knowledge® (BIZBOK® Guide) and the exclusive provider of the Certified Business Architect (CBA)® program.
The EDM Association is a global, not-for-profit, member-driven trade association dedicated to elevating data management and analytics as a strategic business priority. With over 700 member organizations and 50,000+ professionals worldwide, the EDM Association develops data best practices, standards, and education to data and business professionals in a data-driven world.
CSA IT Systems Office delivers reliable IT infrastructure, systems integration, and technology solutions that help organizations optimize performance, security, and operational efficiency.
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New York, NY, May 19, 2026 – EDM Association, the global trade association for data management and technology standards, today released its 2026 Global Data Management Benchmark Report, finding that many organizations are accelerating investment in artificial intelligence while failing to build first the data, governance, and operational foundations required for success. Based on a survey of more than 435 organizations across 50+ countries, and based on the structure of the EDM Association’s Data Management Capability Assessment Model (DCAM®), the study highlights a disconnect between AI ambitions and enterprise data readiness.
The findings point to a trend behind why many AI initiatives fail: organizations are approaching AI from the wrong starting point. Rather than building strong data foundations, governance frameworks, and clear business cases, enterprises are prioritizing AI tools and use cases first, limiting their ability to scale and deliver measurable results.
“AI is becoming a stress test for enterprise data,” said John Bottega, President of EDM Association. “Many organizations are moving aggressively into AI, but without the consistent, operational data foundations required to support it. Putting technology ahead of trusted data and governance explains why so many initiatives struggle to deliver better results.”
The report highlights several structural gaps that are directly impacting AI success:
“The organizations that succeed with AI will be the ones that treat data management as a business capability, not just a technical prerequisite,” Bottega added. “This year’s benchmark shows that progress is real, but requires a commitment to governance, data quality, and the ability to execute consistently across the enterprise.”
In addition to the report, EDM Association introduced a new Benchmark Repository and Dashboard, developed in collaboration with EDM Association Authorized Partner, Element22 and their Pellustro benchmark technology. This platform enables member organizations to compare their data management capabilities against the benchmark and global peers and track progress over time. This will build an anonymized repository of benchmark data for increasingly more robust analysis. As the Benchmark study is aligned to DCAM, the report itself provides additional context for performing and analyzing assessments using the DCAM framework, helping organizations identify gaps, prioritize improvements, and build the data and governance foundations required to support AI.
The 2026 Global Data Management Benchmark Report is available for download at https://edmcouncil.org/innovation/research/benchmarks/.
EDM Association is the only global trade association connecting the data, software, systems, and standards disciplines to accelerate industry innovation and our members’ business success. The Association provides a neutral forum for developing and implementing best practices, frameworks, standards and comprehensive training programs to advance data management, AI optimization, digital twins, augmented reality and more. Today, our membership community—comprising over 700 organizations from the Americas, EMEA and Asia, and over 50,000 professionals—collaborates to build trust and confidence in the data that powers their AI, digital transformation, innovation, regulatory initiatives and business goals. Join the data driven. Learn more at https://edma.org.
Media Contact:
EDMA [at] paragonpr.com
Associated Bank is a Midwest-based financial institution that provides consumer, business, commercial, and wealth management banking services through nearly 200 branches across Wisconsin, Illinois, Minnesota, and Missouri.
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State of Virginia Department of Tax is a state government agency that administers Virginia’s tax laws by processing, collecting, and managing state taxes such as income, sales, and business taxes.
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Arizona is taking a structured, deliberate approach to data, and Chief Data and Analytics Officer Josh Wagner said that means a complete assessment of what data agencies have, what can be done with the data, and the maturity of those abilities. To do that, Arizona is working from the [EDM Association’s] DCAM framework, or Data Management Capability Assessment Model, using it to assess not just what data agencies have, but what can be done with it….
EDM Association Note: Under the leadership of Josh Wagner, the State of Arizona is participating in the Data Excellence Program, demonstrating the organization’s commitment to ongoing, sustained excellence in data management.
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