Evolving business needs: How does business and tech come together?
Please join us for this exciting EDM Council Women Data Professionals (WDP) Leadership Series event, hosted by Walmart. This is an opportunity to hear Walmart executives Jennifer Fronzaglia, (Senior Director, Data Management & Services) and Eva Ouma, (Senior Director, Data Enablement & Analytics) discuss best practices on how to effectively manage and balance alignment between evolving business requirements and technology innovation.
From Granular Financial Contract Data to Risk Analytics and Smart Financial Contracts
The recent collapse of Silicon Valley Bank supports the irrefutable conclusion that the reforms adopted after the 2008 financial collapse have not completely fixed the problem. It is time to stop relying on old methodologies and partial solutions to address these challenges. Fortunately, finance is well positioned for significant reforms. The building blocks of finance are the individual financial contracts that define the promised exchange of payments, such as mortgages, swaps, options, etc. While financial contracts are written in natural language, mathematical/algorithmic representations are the most precise way to represent the promised payment obligations in a contract as the starting point for multiple uses.
The ACTUS Financial Research Foundation has created an open-source, royalty-free algorithmic financial contract standard that generates the payment obligations of almost all financial contracts. The ACTUS standard has a broad array of applications. During this webinar, we will present an introduction to the ACTUS Standard and several diverse uses of the standard:
The ACTUS Standard as the computational engine for smart contracts running on Blockchain
The ACTUS Standard embedded in integrated financial risk models
The use of the ACTUS Standard as a standalone engine to build an alternative to call reports collected by the FDIC
Reimagining Data Quality: Key Modern Considerations
According to a recent Gartner survey, 62% of respondents consider data quality the top priority in data and analytics initiatives¹ but only 27% of practitioners completely trust data². Do these statistics align with how you feel about your organization’s data? If so, how can you boost confidence in data, and ensure you can trust it for fast, confident decision-making? It’s time to take away the doubts about your data and reimagine data quality. After all, the quantity of data we create and manage continues to explode, with no signs of slowing down.
Join us for this fireside chat as we explore how technology advancements are requiring us to reimagine data quality. We’ll cover the many benefits of this modern approach, including how these advances enable you to:
Harness the explosion of artificial intelligence and machine learning to move faster and gain the biggest ROI
Improve data quality efficiencies with hybrid cloud operations
Empower new users to onboard and ramp up initiatives faster
Break down data silos with a modern data catalog and easily access the datasets most relevant to your needs – so you can get to analysis and reporting faster
¹ Gartner, The State of Data Quality Solutions: Augment, Automate and Simplify,
Melody Chien and Ankush Jain, March 15, 2022
² IDC Research, Data Culture Survey 2021
Becoming a Data-Driven Organization – Transform or Perish
In order to compete in the new economy, organizations need to transform their business model and very culture to be data-driven or risk becoming obsolete and perish.
Join us as we examine the journey to becoming data-driven from several angles:
What is the business driver?
How will it impact the Business Model?
What is the corporate culture change required?
What is the enabling data architecture and associated tools?
How will this impact the data processes and organization?
How does an organization get started?
Enabling Safe Use of Generative AI with Data Controls
Generative AI is bound to disrupt the way we work, live and play. On one hand it enables organizations a way to leverage the incredible power of data, but on the other hand the use of data carelessly with these large models can put the organizations at immense risk.
In this webinar, industry experts will share their real-world insights tackling these challenges and how they have accelerated innovation with embedded controls.
The panel will explore the best practices for the safe and responsible use of data with generative AI, such that while innovating all the key data control obligations are being taken care of.
Leading the AI Revolution – OpenAI & ChatGPT: Opportunity, Risks & Rewards with Microsoft
Please join us for this exciting EDM Council Women Data Professionals Leadership Series event, hosted by Microsoft. This is an opportunity to hear Microsoft executives Deb Oberly (Director, Americas AI), Anna Stamatelatos (General Manager, Americas Data & AI), and Sidney Phoon (Principal AI Specialist) discuss examples of organizations embracing generative AI and how this revolutionary technology can enhance your daily life and bring value to your organization.
We will have an intimate discussion on how you should be thinking about generative AI and how your organization can ensure ethical and responsible use. You will leave this fireside chat better equipped to adopt generative AI in your professional and personal life.
During this webinar we will cover:
Inspiring real-world examples on how generative AI is revolutionizing many industries
Best practices for your organization to embrace generative AI between humans and machines to create truly innovative solutions with ethical considerations
Advancements in generative AI, and the potential future impacts
Webinar: Help CDOs accelerate workloads to the cloud with the CDMC Framework – an AWS, SocGen, BT & Ford journey
The EDM Council invites you to attend a virtual panel with executives from Société Générale, BT Digital and Ford Motor Credit, who will discuss how the Cloud Data Management Capabilities (CDMC) framework can help CDOs accelerate workloads to the cloud. They will also be joined by guest speakers from Amazon Web Services (AWS), who will share insights about their journey to become the first Cloud Service Provider (CSP) to conduct a successful third-party assessment of CDMC.
CDMC is a comprehensive framework of capabilities, requirements, controls, and guidance for cloud data management which will guide participants in their journey to the cloud. The CDMC workgroup is managed by the EDM Council and co-chaired by Morgan Stanley and LSEG, with participation from the world’s top CSPs, technology firms and over 20 leading financial industry firms.
AWSis the world’s most comprehensive and broadly adopted cloud, offering over 200 fully featured services from data centers globally. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—are using AWS to lower costs, become more agile, and innovate faster.
Join this webinar to gain an understanding of:
The CDMC framework and benefits for CDOs
The journey to completing an assessment of the CDMC framework
Lessons learned
The Importance of Data Strategy with MFS
Jennifer McGhee (Sr. Director of Data Strategy & Governance) and Elizabeth Coffin (Data Governance Strategist) will discuss the importance of data strategy within an organization, and how they are currently expanding and promoting a legacy data governance program.
During this webinar, we will cover:
Background and career paths into data work
The importance of data strategy within an organization
Advocating data literacy
Building an enterprise data community
Best practices for managing the explosion of External Data providers
Join this webinar to discover the best practices for discovery, certification, deployment and governance of External Data providers. There are now thousands of external data providers on the market providing rich data on people, businesses, property, ESG and more. Managing this complexity in a large enterprise is increasingly difficult, time consuming and costly. This webinar will discuss best practices you can consider to tackle the challenge while realising business benefits and reducing risks from using External Data.
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Enterprises commonly face these challenges:
Discovery: It is difficult for executives to remain on top of the fast growing ecosystem of over 2000 data providers to know what is relevant and best in class.
Governance: Data portfolio expansion is blocked by the ongoing responsibility to ensure that all the data you are consuming is compliantly collected, used lawfully, consumed securely and avoids ethical ambiguity, all while remaining commercially viable.
Deployment: Busy technology teams are implementing bespoke data integrations to each data provider. These are often independently brittle with their own performance challenges, which increases production system uptime risk as more production systems are dependent on External Data providers.
Maintenance: Ensuring solutions remain working continuously into the future is a significant cross functional task to address data drift, data quality fluctuations, version upgrades, data schema changes, system migrations, contract renewals, compliance reviews, and more.
During this webinar we will cover:
The External Data Landscape and the explosion in data providers – now in the thousands globally
The modern challenges of managing External Data in a large enterprise – what’s different now versus the past
The infosecurity and data privacy compliance challenges in working with a large number of new-to-market data providers
Applying the CDMC Framework and other common internal data governance practices to External Data
How Demyst manages this complexity for large banks and insurers
EDMC Data ROI SIG Update: Addressing Real World Data Value Issues
Data ROI, Value of Data, Data Products, Data Use Cases, Data Monetization, DataCo – These and other vital concepts are increasingly becoming part of organizations’ digital transformation journeys.
The next leg up for many organizations means finance, valuation, sales, and legal functions are fluent in recognizing data’s role in driving business. Where finance and investment professionals land on assigning value to data requires further acceptance and development, but great progress is occurring.
The Data ROI Special Interest Group (SIG) of the EDM Council is leading that drive by bringing together business leaders from across many industries to collaboratively address real world data ROI and data value issues. We are bringing the “dollars and cents” to the data discussion in powerful and exciting ways. The SIGs are for anyone aiming to keep their organizations at the forefront of digital leadership.
This webinar will highlight current and anticipated work of Data ROI SIGs with detailed coverage of our 2023 agenda items as we digest the work recently completed, and forge ahead on all aspects of data value and data ROI. The webinar will discuss current approaches to Data ROI including emerging trends such as the creation of DataCos, wholly-owned subsidiaries with assigned data rights which could potentially be the North Star for the CDO community.
EDM Association Completes Acquisition of Assets of OMG
The combination of the two organizations creates the world's largest data and standards community.