Tuesday, April 11, 2023

Driving Data Strategic Planning and Maturity

Banks in the early 2020s have a vast amount of data at their fingertips. Yet many are failing to reap the benefits that this should offer. Those that take the right steps toward achieving a high level of data maturity will have an edge over the competition—including other banks and fintech firms—when it comes to meeting ever-heightening customer expectations. They will be able to identify and resolve problems more quickly, gaining both tactical and strategic advantage in the long term.

In this session, Aite-Novarica Group Head of Banking and Payments Christine Barry, Head of Community Banking Mitch Wein, and Republic Bank of Chicago CIO Madhu Reddy, discuss how small to mid-sized financial institutions can institute strategic planning processes around data and advance their data maturity level.

This interactive discussion will equip you with the information and ideas your organization needs to achieve data mastery, including:

  • Aite-Novarica’s checklist of best practices for developing a data strategy and data architecture
  • Enforcing data governance using policies, procedures, and automated tools
  • Meeting business and consumer expectations for a data-driven banking experience