To Know or Not to Know: The Battle for Data Privacy

In light of new and proposed rules in the US and Europe, firms are having to rethink their privacy guidelines.

privacy

Who owns the data? It’s a question repeatedly asked at banks and asset management firms. In the worst cases, it’s a tug-of-war between the various business units and the chief data officer (CDO), and even between the CDO and the chief information officer, if proper lines aren’t drawn between the two positions. Increasingly, though, there’s another battlefront: the clients.

Customers are more conscious than ever that their information is valuable. And with the multitude of headlines about hacks

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