Indeed, Chris Bannocks, chief data management officer at ING Bank, said this board-level responsibility is probably lacking at many firms, and may only be stimulated by regulations such as BCBS 239. "I would expect the board of any company to be concerned about data quality.... When it comes to data quality, the board is making decisions every day based on what they receive. If they're not looking at data quality, I'd be concerned about the decisions they are making," Bannocks said.
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails