Data quality: improving to survive
The increasing demand for better data quality is attracting more attention throughout the industry. Wipro's Sukant Paikray explores the reasons for this development and offers advice on what measures firms should take
Regulatory compliance requirements, the increasing role of enterprise risk management, and climbing operational costs are all positioning data quality as a top priority for financial institutions. Improving data quality is no longer a secondary activity, but rather a systematic, enterprise-wide agenda aimed at achieving maturity through effective governance and the integration of quality measures.
The immediate focus is on tracing the data lineage and implementing proper controls over critical
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