Data Management Best Practices for Financial Institutions
Cherry Bekaert: Risk & Cybersecurity · 2023-05-23 · 21 min
Episode notes
In today’s digital age, it’s imperative to manage your organization’s data for policies, procedures and best practices to maintain the system integrity and performance. On this episode of the Risk & Accounting Advisory podcast, join Neal Beggan , Partner and Cherry Bekaert’s Risk Advisory Practice Leader, and Alan Swan , Managing Director and Risk & Data Management Leader, as they dive into data management and emerging technologies, their institutional impacts and how banks provide a unique customer experience, while remaining competitive in the marketplace. They explore how digitization impacts the Financial Services industry , and how small and mid-sized institutions can leverage data to: Generate revenue, Improve business performance, Elevate business processes and Create an environment for digital transformation. Neal and Alan expand on how to remain competitive by outlining the foundations to strong data governance, including establishing the right process, selecting a vendor, implementing solutions and identifying the right resources to manage your organization’s data.