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Data 2012 Market Intelligence – FUTURE CITY

Following our FUTURE CITY event in London in June 2012, our FUTURE DATA 2012 market intelligence report, sponsored by Microsoft and Symantec, can be ordered using the form below.

Co-sponsored by GoldenSource, IMGroup, Mellanox, NetApp, and SAP, this report shows that data management is now widely recognised as a specific and core discipline within most financial institutions, marking an important and welcome change to its historic role as a subsidiary element within individual projects.

Highlights from the report:

  • Data management for key business functions – Respondents say that data management is most important for risk management and consequently for institutions’ ability to meet regulatory requirements (including CRD4) and assess their capital management needs.
  • Issues and challenges in data management – With standout scores for people, politics and governance and agreeing institution-wide data syntax standards, it is clear that the key data management challenges are primarily qualitative, not quantitative or technical.
  • Industry viewpoints – The time has now come for a dedicated focus on data management and the development of specialist data skills unconstrained by line-of-business boundaries.
  • Priorities for data management – Business-use cases, such as middle-office risk, are consistently higher-rated than specific data technologies.

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