Centralizing Data Improves Oversight, CDOs Say

efis2014-cdo-panel-colin-hall-credit-suisse-edward-boag-pioneer-vincent-benita-bnp
CDOs Colin Hall, Credit Suisse; Edward Boag, Pioneer Investments; Vincent Benita, BNP Paribas, discussing data management issues at EFIS

Centralization of data management and governance is the best means of oversight for reference data and reducing data complexity, according to chief data officers (CDOs) who discussed oversight needs on a panel at the European Financial Information Summit.

Reducing complexity and ensuring responsibility for data accuracy are tasks that should be part of a CDO's purview, said Edward Boag, CDO at Pioneer Investments. Boag's colleague, Vincent Benita, CDO at BNP Paribas, countered that IT

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