Putting a price on your head (of data): The ROI of a CDO

The chief data officer has become recognized as a key role in a financial firm’s ability to manage its data assets, and reduce costs and risk. So why is it also so notoriously short-lived?

It’s the biggest challenge facing chief data officers: placing a value on their own positions. In order to secure funding for ambitious (read: expensive) data management projects, they must demonstrate the value of good data quality for more than just the sake of good data quality. Thus, even though a CDO in a large organization may oversee an annual budget of more than $30 million, the average tenure of a CDO is just 2.4 years—barely enough time to get any significant data management project

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Deutsche Börse democratizes data with Marketplace offering

Deutsche Börse Group is set to unveil its Marketplace, a one-stop data shop designed to simplify and streamline data acquisition and consumption for its clients, while also surfacing data from across the firm to its own users. Jan Stiebing and Sven…

The IMD Wrap: The growing data catalogue space

With their potential to manage costs and surface strategic datasets, it’s no wonder Max gets excited about data catalogs. This week, he takes a look at a new startup entering the space.

The IMD Wrap: Taking stock of inventory management

With market data and associated costs typically representing a firm’s third-largest expense, there’s a lot of incentive to manage data and its usage more efficiently. Max flings open his fridge to illustrate what’s new in this space.

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