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Data Governance: How Can It Be a Crucial Enabler for Managing Data Risks?

Dataversity

In July 2021, one of the world’s leading banks revealed a loss of $5.5 The bank identified the “failure of management and controls” in its investment banking arm as the fundamental cause of this loss. billion due to a default by one of its customers.

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Principles of Cloud Data Governance For Banks

The Data Administration Newsletter

Banks – and their data volumes – are at the epicenter of the world’s digital transformation. The pace of change mirrors the velocity, volume, and variety of data within the industry. It is where new products, new markets, and new touchpoints mean new – often cloud-based – ways to do business in financial services.

Banking 59
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Data Governance in Financial Services: How to Ensure Data Integrity for Risk Management and Reporting

Astera

Introduction   As financial institutions navigate intricate market dynamics and heighten regulatory requirements, the need for reliable and accurate data has never been more pronounced. This has spotlighted data governance—a discipline that shapes how data is managed, protected, and utilized within these institutions.

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Data Provenance vs. Data Lineage: Key Differences

Astera

Data Provenance vs. Data Lineage Two related concepts often come up when data teams work on data governance: data provenance and data lineage. Data provenance covers the origin and history of data, including its creation and modifications. Why is Data Provenance Important?

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Ensuring Enterprise Data Privacy: 2024 & Beyond | Tips From 6 Data Experts

Astera

Their perspectives offer valuable guidance for enterprises striving to safeguard their data in 2024 and beyond. These insights touch upon: The growing importance of protecting data. The role of data governance. Resolving data security issues. The impact of industry regulations. Emergence of new technologies.

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Finance 360: How ETL Drives Strategic Insights In Minutes

Astera

Customer data is strategic, yet most finance organizations use only a fraction of their data. Finance 360 is a comprehensive approach to data management that bypasses these challenges, giving you a complete and accurate picture of your financial performance and health.

Finance 52
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What do data-driven companies have in common? Research reveals five key trends

Tableau

Mindset: Encouraging data exploration and curiosity for everyone . Commitment: Realizing value from data, not just using it . With data-leading organizations in North America, 70% more respondents said that stakeholders made it easy to access the data they need to do their jobs than in data-aware organizations.