The Emerging Functions of Data Governance

Effective plans require coordinating vendor management, ownership, sourcing and proactive actions

Rob Ord, director and head of data management at Scotiabank

Building and implementing an internal culture and strategy for effective data governance plans requires a mix of vendor management, establishing ownership responsibility, coordinating data sourcing and proactive action, according to panelists from financial firms and service providers who shared their perspectives on the topic at the Toronto Financial Information & Technology Summit on June 7.

"With some vendors, it's a lot easier for me to allow sharing of content across the organization," said

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