On May 5, 2022, the Open Data Standards Task Force, co-chaired by Bloomberg and Data Foundation, with support from the Data Coalition Initiative jointly hosted a public forum to facilitate a private-public exchange to help provide insights on federal financial regulatory data. Group 2 presenters were from Financial InterGroup Advisors, Bloomberg, Miller/Wenhold Capitol Strategies, EDM Council, and Google.
DCAM Application for the Spanish Market / Aplicación para el Mercado Hispanohablante
We are proud to announce that, in partnership with FIT Strategy, DCAM v2.2 has been translated into Spanish. This is a fantastic opportunity for companies with operations in Spanish-speaking marketing as it allows local offices to undertake DCAM in their native language. Note: Introductory remarks will be in English, and the core presentation will be in Spanish.
About DCAM:
Developed by EDM Council members, DCAM™ – the Data Management Capability Assessment Model – is the industry standard framework for Data Management. DCAM defines the scope of capabilities required to establish, enable and sustain a mature Data Management discipline. It addresses the strategies, organizational structures, technology and operational best practices needed to successfully drive Data Management across your organization, and ensures your data can support digital transformation, advanced analytics such as AI and ML, and data ethics.
The webinar will explore:
The foundations of the DCAM framework and tools
Case studies and applications in Spanish-speaking markets and businesses
Opportunities to initiate the DCAM best practices and assessments in your organization
DCAM Application for the Italian Market
We are proud to announce that, in partnership with FIT Strategy, DCAM v2.2 has been translated into Italian. This is a fantastic opportunity for companies with operations in Italy as it allows local offices to undertake DCAM in their native language. Note: Introductory remarks will be in English, and the core presentation will be in Italian.
About DCAM
Developed by EDM Council members, DCAM™ – the Data Management Capability Assessment Model – is the industry standard framework for Data Management. DCAM defines the scope of capabilities required to establish, enable and sustain a mature Data Management discipline. It addresses the strategies, organizational structures, technology and operational best practices needed to successfully drive Data Management across your organization, and ensures your data can support digital transformation, advanced analytics such as AI and ML, and data ethics.
The webinar will explore:
The foundations of the DCAM framework and tools
Case studies and applications in Italy
Opportunities to initiate the DCAM best practices and assessments in your organization
Regulation Transformation: In Conversation with UN PRI Chair Martin Skancke
WDP Committee member and EDMC ESG Regulatory Committee Lead Beate Born interviews Martin Skancke, the chair of the UN PRI, on ESG reporting standards and biggest areas of focus in the transforming ESG landscape.
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.
EDM Association Completes Acquisition of Assets of OMG
The combination of the two organizations creates the world's largest data and standards community.
