Creating the Clean Data Core

Data collection and cleansing increasingly seen as foundation for compliance and efficiency

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Cleansing of data at firms' cores has many advantages

The Japanese market may be getting better at data collaboration, but its first steps toward improving data management are focused on the cleansing of data at firms' cores and achieving economies of scale through smarter use of existing data systems, according to data technology executives who spoke at the Tokyo Financial Information & Technology Summit on April 12.

Making data available to different groups throughout a firm can mean connections with "20, 50 or 100 different sources," said Andrea