CDOs Elevate Weighty EDM Agendas

For financial firms, more data volumes and data-centric regulations mean a need for more chief data officers.

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Data volumes—for both pre-trade and post-trade activities—have skyrocketed in the last few years. Technology advancements mean firms can process more and more unstructured data in addition to the traditional market feeds and reference data sources. The wave of post-financial crisis regulations—including the Basel Committee on Banking Supervision’s BCBS 239, Basel capital adequacy requirements, the Markets in Financial Instruments Directive II (MiFID II), Solvency II, and the US Dodd–Frank Act—me