Solid data management is a board-level concern within financial services. From stringent regulatory requirements to the challenges that come with the growth of Artificial Intelligence and Machine Learning, there are multiple factors at play which make it essential to build a solid data strategy.
Our whitepaper, delivered in conjunction with WBR Insights, surveyed 100 senior financial services professionals to find out more about how they see data management fitting into ongoing tech and regulatory changes within the financial services. Our paper looks in-depth at issues including the cost of non-compliance and how external factors such as Brexit and the growth of Artificial Intelligence can affect attitudes to data management. Some key findings include:
- 71% of respondents said data management had become a board-level concern
- 35% felt regulatory pressures were the key driver of their financial control agenda
- 46% of respondents are actively seeking new technologies to assist data governance
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