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Empowering the Modern Data Platform with EDM Council

Organizations across all industries are in the race to progress their digital transformations. However, they need a strong, comprehensive and integrated data foundation in order to successfully leverage the modern technologies of AI, machine learning and advanced analytics. The EDM Council has been leading the way in addressing these data and analytics complexities by supporting its global members through data management best practices developed with the world’s leading organisations, and building expertise with relevant, practical training and certification programs. In collaboration with cross-industry data management practitioners, the Council has defined the core capabilities to succeed as a modern, data-driven organization. Is your organization well equipped with the ‘Modern Data Toolbox’ to accelerate its journey across cloud data management, graph analytics and ESG? Please join us for this special pre-summer webinar hosted by EDMC Europe Advocate, Shaun Rolls and the EDMC leadership team.

The webinar will explore:

  • Cloud Data Management Capabilities (CDMC): Get an exclusive preview of the new cloud data management best practices that have been developed by the CDMC working group to provide guidelines for a successful cloud migration. The CDMC workgroup includes the world’s top Cloud Service Providers (CSPs), technology firms and over 20 leading financial industry firms.
  • Graph & Knowledge Graph Architecture: If you want to revolutionize your digital transformation and build a foundation to enable AI, machine learning and automation, find out why you need Graph, Knowledge Graph analytics and semantics capabilities.
  • ESG: Get the latest developments from the European and US experts across the ESG ecosystem. Learn more about the growing importance of managing accurate, aggregated sustainability data as part of a successful Sustainability Strategy, and how you can get involved with the ESG Data workgroup to define best practices and standards.

Data Management Best Practices for 2021

John Bottega, President of EDM Council, joins the podcast to discuss the evolution of data management and the Chief Data Officer role, the Cloud Data Management Capabilities (CDMC) working group at EDM Council and best practices for cloud strategies, and upcoming data governance trends to keep an eye on.

Transforming Data Collection and Data Standards: Improving Reporting in Financial Services

The Bank has been working with the FCA and industry in the last few years to identify the main issues for firms and regulators in the way data is currently collected. The aim is to improve the process, reduce cost and improve efficiency and quality. The work initially focused on the potential for improvement based on greater use of technology, but it soon became apparent that the scope for improvement was much wider – in particular improved data standards and definitions would initially bring the most benefit. Following publication by the Bank of the Transformation of Data Collection Discussion paper on 7 January 2020, there was extensive consultation with a wide range of interested parties which also confirmed the importance of consistent data standards and definitions across the range of data requirements. Having received over 60 written responses to the consultation paper and held a series of working group discussions with reporting firms and vendors, the Bank was able to publish a Data Transformation Plan on 23 Feb 2021 outlining the vision and next steps for this work.

What to expect from this webinar:

  • Gareth Ramsay, CDO, Executive Director for Data and Analytics, will outline the Bank of England’s vision for data collection and its role in the development and adoption of data standards
  • Hear from the Bank of England in regards to their aspirational vision for the future of data collection
  • Understand the Bank’s call for input and how you can get involved in shaping the future of data collection

Ethical Pitfalls in AI

Pressure to drive returns from investment in data has precipitated an explosion in the use of AI to generate profit. Regulation is likely to move too slowly for businesses that want to lead in the ethical use of AI, leaving them ill-equipped to address complex ethical issues stemming from this powerful technology. The EDM Council has led in the study and development of this emerging area of practice. This webinar will deal with the ethical pitfalls of deploying AI and how to avoid them. The speakers will cover real case studies from the painful lessons learned by organizations’ poor handling of ethical AI, as well as the business triumphs of others that have consciously championed ethical AI and made it central to their businesses.

How Does a Successful Financial Data Organization Overcome the Barriers to Change

FISD Webinar – Managing Data Today: New Challenges and Strategies

FISD is the global forum of choice for industry participants to discuss, understand, and facilitate the evolution of financial information for the key players in the value chain including consumer firms, third party groups, and data providers. It is a dynamic environment in which members identify the trends that will shape the industry, and create education opportunities and industry initiatives to address them.

Using Data for Digital Transformation in Financial Services: A Conversation With Santander UK and Accenture – date

Better Together: Uniting Technology & Data to Accelerate Your Master Data Journey

The data management journey is challenging. It usually takes longer than you want. It often costs more than you’d like. And recognizing the intended value is harder than you expect. Despite all these challenges, there are some organizations that seem to be ahead of the curve seeing value from their Master Data efforts faster than all the rest.

This webinar uncovers how those organizations are operating differently than the rest. We’ll explore how you can accelerate your master data journey without cutting corners.

Join us along with Dun & Bradstreet to learn:

  • How organizations are eliminated messy data and accelerate time to insights
  • How put your organization’s data on autopilot
  • Real-life use cases where data unification has delivered high ROI through new data products and insights

Address Your Blind Spots Around Mission-Critical Data

As the IT landscape continues to change, being able to modernize your existing architecture while integrating new platforms has become essential. To stay competitive, you need to swiftly deliver innovative web and mobile apps and analytics solutions that include all your critical data—including mainframe and IBM.

Join us to hear how forward-thinking companies are using modern cloud-based platforms to deliver solutions that drive better customer experiences and greater insight—all while extending the value of their core systems.

During this webinar, industry experts will cover:

  • The benefits and challenges of modernization
  • How mission-critical data contributes to success
  • Best practices for integration success within digital modernization and modern analytics
  • How forward-thinking companies are using modern-based cloud solutions to drive better customer experiences, greater insights, and extended system value

You Need a Data Catalog. Do You Know Why?

The data catalog has become a popular discussion topic within data management and data governance circles. A data catalog is a central repository that contains metadata for describing data sets, how they are defined, and where to find them. TDWI research indicates that implementing a data catalog is a top priority among organizations we survey. The data catalog can also play an important part in the governance process. It provides features that help ensure data quality, compliance, and that trusted data is used for analysis. Without an in-depth knowledge of data and associated metadata, organizations cannot truly safeguard and govern their data. Join this webinar to learn more about the data catalog and its role in data governance efforts.

During this webinar, industry experts will cover:

  • Data management challenges and priorities
  • The modern data catalog: what it is and why it is important
  • The role of the modern data catalog in your data quality and governance programs
  • The kinds of information that should be in your data catalog and why