Business, Chief Data Officer, Data, Data Flow, Enterprise Data Management, Enterprise Information Managment
How A 360-Degree View Of Your Customer Data Can Energize Your Business and Help Avoid Disaster
In today’s business climate, a complete 360-degree view of a firm’s data is a necessity to compete at the highest level. Total awareness and control of information enables business leaders to maximize revenue opportunities (think better customer profiling, cross-selling), lower costs (think customer service read more...
June 14, 2017
According to the RAND Corporation, nearly 40 percent of US households experienced financial distress during the 2008 financial meltdown. Eight years on, the financial sector is now under more scrutiny than ever. The financial crisis of 2008 increased the importance of having intelligent regulatory frameworks.
Government regulators have reacted through increased regulations, introducing numerous bills including Dodd-Frank, CCAR and BCBS 239 that require banks to greatly increase their transparency, among many other requirements. The recent case of Wells Fargo opening up roughly 1.5 million savings/checking accounts and 565,000 credit card accounts without their customers’ permission only adds to the distrust of the regulators.
