Data Management ‘now’ for Financial Institutions investing in change ‘next’
With businesses across the globe being impacted by the forces of digital transformation, data is being reckoned as the new superpower in the financial services world. It is the key driver to streamline our businesses, customers, processes, systems and is also a major contributor in intelligent decision-making. With these tremendous benefits associated with quality data, it is indeed a most valuable resource –‘the oil of the digital era’. Data asset management is important, especially for Financial institutions, however many of them are unable to efficiently and effectively manage data, whether it is for regulatory requirements or to glean meaningful insights.