As digital technologies advance and regulations tighten, today’s consumers – and, therefore, today’s businesses – are becoming more aware of the importance of good quality data. Data is more accessible and more personal, and there is more of it than ever before. The question now is not, ‘Can you gather the data?’ it‘s, ‘Can you derive value from that data?’ and, ‘With whom does that responsibility lie?’ Consequently, the role of the chief data officer (CDO) has become more relevant and powerful.
Capco’s data practice partnered with the Sunday Times to produce special report – ‘The Data Economy in Financial Service’ to explore the path to profitability for CDOs in financial services institutions, their rise in the organizational food chain and what exactly makes and efficient CDO.
Capco helps CDOs, CIOs and their counterparts develop holistic data strategies that bring improved approaches to compliance and enable more effective, data-driven decision-making.