If the central role that data plays in modern life wasn’t already evident – from driving the algorithms that produce our Spotify playlists to helping businesses understand their customers and make decisions of all kinds – the current crisis has certainly made it clear. Tracking the spread of the coronavirus and developing treatments, and ultimately a vaccine, depend on the collection and analysis of vast amounts of data from around the world.
“COVID has put a spotlight on data,” according to Cara Dailey, Chief Data Officer at Silicon Valley Bank. “If you listen to our politicians, if you listen to what's happening in the world, everyone is looking at data and holding our breath.”
Dailey was speaking during a recent webinar that brought together top data executives to discuss the evolution of the role of chief data officers and data governance in financial services over the last decade. The webinar was presented by the EDM Council, a global association that champions the practice of data management as a business priority.
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