Focus on Data Models Soars in Ref Data Industry

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Market participants are seeing a growing interest in enhancing data models, and ensuring enterprise-wide consistency in the use of terms and definitions.

California-based Bijan Olfati, global program director for capital markets and finance performance management, industry marketing and solutions, Teradata, says in the past, many reference data projects have failed, but there is now a shift in the industry in terms of how firms approach data management challenges. “Now they are trying to underst