Data Quality: Improving to Survive

Wipro's Sukant Paikray offers advice on how firms can better address the increasing demand for higher data quality

sukant-paikray-wipro
Sukant Paikray, director of data management practice, Wipro

Regulatory compliance requirements, the increasing role of enterprise risk management, and climbing operational costs are all positioning data quality as a top priority for financial institutions. Improving data quality is no longer a secondary activity, but rather a systematic, enterprise-wide agenda aimed at achieving maturity through effective governance and the integration of quality measures.

The immediate focus is on tracing the data lineage and implementing proper controls over critical

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