Is the emergence of CDOs undoing the separation of market data and reference data functions? And is that the right way to go?
As data functions reach maturity, buy-in from other c-level positions is crucial the emerging CDO function.
JP Morgan Chase employs “data quality pyramid” to better monetize and reduce costs around its own data.
Communication with end-users and vendors alike is key to managing costs and supplier relationships, panelists said.
Strapline: Data Management
Know-your-customer data concerns have registered a greater presence on the industry’s radar, as seen in the agenda for Sibos this month. Michael Shashoua analyzes what efforts KYC data will require, and how communication can be crucial to data governance…
EFIS conference speakers cite internal communication as key to data management progress
Are you a data guv'nor or a govenor?
Good data governance rests with the entire organization, not just the CDO, panelists said.
Effective communication and marketing are essential tools for carrying out data initiatives
Innovation overall may have slowed as firms focus on cost and regulation, but smart analytics are gaining ground.
Informal polling finds compliance necessary, although it may spur production of unusable data
Managing costs, quality and compliance remains top of data consumers' agendas.
Firms must evaluate and leverage new data sources to deliver insight at the point where action needs to be taken.
Standards body publishes LEI-related details, collaborates on classification standard
The CDO role is evolving from data management to data ownership, Rangaswami said.
IRD's editor will tweet live from portions of the European Financial Information Summit
A flurry of ESG data deals may be a step in a new direction.
Chief data officers, now more established at their firms throughout the industry, are weighing in on how to pursue higher data quality by several means. Will they address the legal entity identifier next?
The legal entity identifier (LEI) initiative is gaining strength with recognizable data quality benefits, greater awareness and participation, and more complete standards guidelines. Michael Shashoua reports on how all these developments are coming…
Centralization of data, as part of a chief data officer's management initiatives, can reduce costs and address excess complexity created by fragmented firm structures, according to industry executives at the European Financial Information Summit
Transparency has been a focus for regulators and market participants in the wake of the financial crisis as they try to combat the potential impact of illiquid assets and imperfect market structures. And transparency—albeit of a different sort—was also a…
To simplify and standardize the growing number and complexity of exchange data contracts and policies, exchanges should form an independent industry group to standardize contract terms and language, and how exchanges enforce their contract terms, Rafah…