Waters Wrap: For data managers, the new problems are the same as the old

While much attention has been given to cloud, AI, blockchain and other buzzwords, without a proper data foundation, those tools will not deliver the results that have been promised.

Credit: Vincent van Gogh

It’s easy to get caught up in the excitement of technological evolution. There’s the relentless push to the cloud by banks, asset managers, exchanges and vendors. Trading firms are becoming more comfortable with open-source tools and protocols. APIs are now the preferred way to connect to sources of data and software. Low-code development has become one of the catchiest buzzwords to permeate press releases. Blockchain and other distributed ledger technologies won’t go away, despite the setbacks

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Back to basics: Taxonomies, lineage still stifle data efforts

Voice of the CDO: While data professionals are increasingly showing their value when it comes to analytics and AI adoption, their main job is still—crucially—getting a strong data foundation in place. That starts with taxonomies and lineage.

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