Clearing the Road to Quality
Strapline: Q&A

Are data governance plans proving effective for improving data quality?
In its essence, data governance paves the way towards a change of behavior and a care for data that should yield better data quality. The challenges are centered around its prioritization and pervasiveness. Many firms are planning too aggressively—trying to gulp the entire breadth of data in one go with policies, edicts and compliance programs. Data governance is a huge change in the collective company behavior and should be tailored to the company so that it is progressive, but most importantly sustainable.
What is the most important element for addressing data quality, and why?
Data quality must be seen through the eyes of the data consumers. Too often, "good data quality" is discussed as an absolute value. Therefore quality-level agreements between data owners and data consumers should be brought about to detail what good looks like, in order to manage expectations and use company resources in the right direction. That should also simplify data quality communication, as an unqualified ocean of red, amber and green indicators can affect the confidence of those consuming the data.
Is automation having a negative effect on data quality?
Potentially, if automation increases the output of a process in terms of unit produced per time, and as a benefit is supposed to reduce the human touch-time in the whole process (e.g. risk auto-approval), there is a risk that a quality issue could be replicated on larger scale faster, and have a deeper impact. The solution is to design automation with more robust and tested quality control processes from the start.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
Waters Wavelength Ep. 314: Capco’s Bertie Haskins
Bertie Haskins, executive director and head of data for Apac and Middle East at Capco, joins to discuss the challenges of commercializing data.
Nasdaq, AWS offer cloud exchange in a box for regional venues
The companies will leverage the experience gained from their relationship to provide an expanded range of services, including cloud and AI capabilities, to other market operators.
Bank of America reduces, reuses, and recycles tech for markets division
Voice of the CTO: When it comes to the old build, buy, or borrow debate, Ashok Krishnan and his team are increasingly leaning into repurposing tech that is tried and true.
Navigating the tariffs data minefield
The IMD Wrap: In an era of volatility and uncertainty, what datasets can investors employ to understand how potential tariffs could impact them, their suppliers, and their portfolios?
Project Condor: Inside the data exercise expanding Man Group’s universe
Voice of the CTO: The investment management firm is strategically restructuring its data and trading architecture.
Tariffs, data spikes, and having a ‘reasonable level of paranoia’
History doesn’t repeat itself, but it rhymes. Covid brought a “new normal” and a multitude of lessons that markets—and people—are still learning. New tariffs and global economic uncertainty mean it’s time to apply them, ready or not.
HSBC’s former global head of market data to grow Expand Research consulting arm
The business will look to help pull together the company’s existing data optimization offerings.
Stocks are sinking again. Are traders better prepared this time?
The IMD Wrap: The economic indicators aren’t good. But almost two decades after the credit crunch and financial crisis, the data and tools that will allow us to spot potential catastrophes are more accurate and widely available.