Justifying the CDO's Role

Steve Young, CEO, Citisoft

Recently, I had an interesting conversation with a client about where data management belongs within an organization and whether there is a need for a buy-side firm to appoint a chief data officer (CDO). The client, a very successful mid-range asset management firm, is organized with fairly clear lines of demarcation and data management is firmly owned by IT. Given the success of this company and the relative efficiency of its infrastructure and operations, this model seems to work very well. Af