CDOs must deliver short-term wins ‘that people give a crap about’
The IMD Wrap: Why bother having a CDO when so many firms replace them so often? Some say CDOs should stop focusing on perfection, and focus instead on immediate deliverables that demonstrate value to the broader business.
“People say, ‘Why do most chief data officers have a tenure of just a couple of years?’” asked Alex Golbin, chief technology officer and CDO at Hudson Bay Capital Management, which manages over $30 billion of assets.
He posed the question on a panel at WatersTechnology’s Tech and Data in Financial Markets conference last week. In the very brief pause that followed, I thought, well, often they get brought in to fix long-standing data problems. They fix them, then move on to the next firm that
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