Data governance helps financial institutions play both offense and defense
For financial institutions, data utilization is becoming increasingly important in terms of both offense (e.g., data-driven marketing) and defense (e.g., AML/CFT compliance). While analytics tend to attract the lion’s share of attention in the data science space, data quality is a critical determinant of analytic outcomes. Data governance is essential to ensuring that companies safely and securely utilize reliable data on an ongoing basis.
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E-mail: kyara@nri.co.jp