This week, our hosts discuss the importance of having an effective data governance model within financial institutions with Dan Power, the Managing Director of Data Governance for Global Markets at State Street.
Dan answers the following questions:
- What are some of the data quality challenges enterprises face when dealing with large volumes of data?
- What are the risks or bottlenecks firms face when it comes to having low quality data?
- What makes up an effective data governance model?
- What kind of benefits can firms expect from effective data governance when it comes to regulatory compliance, operational efficiency, and decision-making?