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April 2025 EDM Council U.S. Public Sector Forum
The Future of Data Transparency: Updates from the Data Foundation with Ashley Nelle-Davis (Data Foundation) meeting Recap
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EDM Council Updates
- Alex Izotic provided an update on the EDM Council’s mission, principles, and advocacy areas.
- Highlighted the development of best practice frameworks and ontologies, including the Financial Industry Business Ontology (FIBO).
- Discussed training, education programs, certification, thought leadership, webinars, research, and benchmarking.
- Emphasized the involvement of regulators and networking opportunities through the EDM Connect community.
- Mentioned the diverse membership, including financial services firms and global public sector members like USDA, GAO, NASA, and the US Department of Commerce.
Presentation by the Data Foundation
- Ashley Nelle-Davis from the Data Foundation provided an overview of the organization, its role as a nonprofit think tank, and its focus on improving data in the federal government.
- Discussed the Data Foundation’s work in championing evidence-informed policymaking and improving data availability, reliability, traceability, trustworthiness, and transparency.
- Highlighted activities such as policy research, community collaboration, and data and evidence advocacy through education and events.
Legislative and Policy Updates
- Ashley Nelle-Davis reviewed the legislative journey from the Digital Accountability and Transparency Act of 2014 to the present, emphasizing the professionalization of data offices.
- Discussed ongoing work on the Foundations for Evidence-Based Policymaking Act and the Financial Data Transparency Act (FDTA).
- Emphasized the bipartisan nature of the Data Foundation’s work and the importance of ongoing stewardship of passed laws.
- Provided updates on recent policy efforts, including the launch of “Safe Track” to monitor federal-level changes.
Fireside Chat on FDTA
- Ashley Nelle-Davis and John Bottega (President, EDM Council) engaged in a fireside chat discussing the Financial Data Transparency Act (FDTA).
- They highlighted the importance of data standards in enhancing transparency and accountability.
- Discussed the impact of the FDTA on regulatory compliance and the broader data community.
- Emphasized the need for continuous collaboration and innovation to ensure effective implementation of data standards.
Join us at the next U.S. Public Sector Forum Meeting on Thursday, June 5, 2025, (11:00 AM – 12:30 PM EDT) for a Knowledge Series presentation by the Indiana Management Performance Hub (IMPH).