Enterprise Data Management special report

enterprisedatamanagement2009september

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Back in the Limelight

In the past year, some have suggested that the market has seen the end of an enterprise data management (EDM) era. There was a general feeling that big bang EDM projects had seen their heyday. And that might be true.

But this does not mean that EDM has lost its importance. The financial crisis simply changed the approach to EDM. EDM continues to be important, but projects are being reassessed. Firms are taking a small-step approach, ensuring that project risk is minimal and opportunities for immediate return on investment are significant.

If EDM was ever pushed off the agenda, it is certainly now back in the limelight. The political and regulatory spotlight on the importance of data has resulted in a growing understanding of the need for integrated data management strategies.

I recently attended a presentation on a study of the trading technology market, and the research concluded that data is king. More people than ever are talking about data issues, and C-level executives list data management among their top priorities. It might not be clear who is responsible for the data challenge within an institution, but the fact that it is being talked about should be a clear sign that improving EDM strategies continues to be a vital project for many financial institutions.

With this report, which includes comments from industry experts and a news review, we hope to help you keep up to date with the latest happenings in EDM. And if you find this interesting, we also hope you will want to register for our webcast on integrated data management on October 14.

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