EDM Council Reports Data Quality Challenges Still Loom Large

EDM survey finds firms doing well on organization, but have far to go in reaching data management quality benchmarks.

Mike Atkin

The Enterprise Data Management (EDM) Council’s 2017 Data Management Benchmarking Survey Report, which asks more than 150 financial institutions 22 questions designed to gauge how firms are performing in six areas deemed critical to establishing quality data: data management program, stakeholder commitment, governance implementation, content infrastructure, data quality control, and ecosystem. Those focus areas are extracted from the EDM Council’s Data Management Capability Assessment Model (DCAM

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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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