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
Perform Enterprise Conversions at scale with Data Lineage Automation
Enterprise growth depends greatly on successful digital transformations. Today, large-scale data conversions are often combined with a migration to the cloud, giving the enterprise a chance to also modernize their data pipelines. Join us to hear from Sanjay Kalra (Digital Transformation Sherpa at Intelliswift) and Nissim Ohayon (Data Lineage Enabler at Octopai) as they unpack some of the challenges and solutions to consider when planning a sea of change in data pipelines.
This webinar will dive into:
Adopting a conversion factory strategy
Leveraging prebuilt accelerators and data analysis dashboards
Deploying pattern recognition algorithms for identifying regularities and irregularities
Accelerating the process using entity resolution via machine learning algorithms, intelligent recon, and audit technique
Shedding light on data pipelines, and the interdependence of each data asset with automated data lineage to ensure that all potential impact is assessed and resolved proactively
