LONDON, September 6, 2018 /PRNewswire/ --
89% of CDOs surveyed by WBR Insights are investing in data
management over the next 2 years
Gresham Technologies plc, the leading software and services
company that specialises in providing real-time data integrity and
control solutions, is delighted to announce the release of WBR
Insights Regulation, Innovation, and Digitalisation survey.
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)
In a survey sponsored by Gresham, WBR Insights surveyed 100
Chief Data Officers across Europe
to find out the challenges they are facing as the financial sector
grapples with a data revolution and increasingly complex regulatory
environments.
Survey insights include:
- GDPR is the most complex regulation for over 69% of CDOs
- 36% of respondents are turning to new data management
technology for regulatory compliance
- 52% of financial CDOs surveyed are unaware of all data gaps in
their organisation
- 36% of respondents feel their data governance strategy is
inadequate
- 1/3 of respondents are setting up centres of excellence to
institutionalise data innovation
- Data management and machine learning are the clear winners of
investment from respondents, with over 80% setting some of the
budget aside for them in the coming two years
"Effective data governance has its roots in data quality and
real business improvement," remarked Chris Bannocks, Group Chief
Data Officer of ING. "The strategy should support regulatory
requirements whilst enabling business results."
"With more than 9 out of 10 firms seeing relationships with
fintech firms as a crucial part of their innovation roadmap, we
expect to see even greater engagement and partnership across our
industry in the coming years," commented Paul White, CMO of Gresham.
"As a leader in enterprise data integrity, Gresham's aim is to
help organisations be confident that they meet stringent
regulations and trust their data enough to use it as the kindling
of innovation. As such, we are delighted to support FIMA and the
information management community with this thought-provoking
survey."
One can download a copy of the survey at the Gresham website
here.
About Gresham Technologies plc
Gresham is a leading software and services company that
specialises in providing real-time data integrity and control
solutions. Listed on the main market of the London Stock Exchange
(GHT.L) and headquartered in the City of
London, its customers include some of the world's largest
financial institutions, all of whom are served locally from offices
located in Europe, North America and Asia Pacific.
Gresham's award-winning Clareti software platform has been
designed to provide financial institutions with complete certainty
in their data processing. Clareti is a highly flexible and fully
scalable platform for ensuring the integrity of data across an
enterprise. It is designed to address today's most challenging
financial control, risk management, data governance and regulatory
compliance problems. Learn more at www.greshamtech.com.
About WBR Insights
At WBR Insights, we design and execute bespoke content marketing
campaigns, delivering insightful content to our high-level audience
all year round. We are a team of marketers, researchers and writers
with a passion for content with a creative twist. From
research-based whitepapers focused on your priorities, to
benchmarking reports, infographics and webinars, we can help you to
inform and educate your readers and reach your marketing goals at
the same time. WBR Insights is part of Worldwide Business Research
(WBR), the world leader in B2B focused conference events. For more
information, visit https://digitaleu.wbresearch.com/