Effective data governance is a critical requirement. Without it, even the best technology will be unable to produce insights of any real value.
Good business intelligence is key to making informed investment decisions. Yet obtaining the data that underpins this vital intelligence is far from easy. It requires a well-defined strategy and a clear understanding of the firm’s needs, both now and in the future. All too often, the method by which this data is obtained and managed is not chosen based on a detailed analysis of the requirements of the organization, but rather a review of what other, similar companies have done in the past.