Financial Sector Should Commercialize Data Management Knowledge to Advance Other Industries

Just as there’s always money to be made from doing dirty jobs, there are opportunities around dirty data—especially in industries that are only now beginning to appreciate the value of being data-driven.

Data fragmentation

Data management within the capital markets wasn’t always an established and respected practice. It took many years of evangelism for data professionals to make their case for acceptance and a seat at the table, and to convince management of the importance of investment in data quality, and the sector has not one but two industry associations—FISD and the EDM Council—representing it.

Other industries outside finance are subject to similar data challenges, such as social media and messaging

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