Modern Chief Data Officers are not only the guardians of financial institutions’ data estates, they are also the caretakers of their single-biggest asset.
With every part of an organisation’s business now dependent on data, the custody of its digital information is every bit as critical to operations as the management of trading teams or even compliance functions.
Data has, therefore been transformed from a cost centre to a core asset.
This remoulding of data is a consistent focus of many discussions within the data space, and will be a key feature to which experts and practitioners will return at this year’s Data Management Summit New York City, which takes place next month.High Dependency
“Every tech initiative – from AI pilots to T+1 settlement – depends on one thing: data that actually works,” argues Ray Sullivan, Vice President, Product Management, Data Modernisation at Rocket Software, who will be presenting a keynote presentation at A-Team Group’s Data Management Summit New York City 2025 on September 18.
“CDOs and their teams must challenge themselves to talk about data differently, shifting the conversation from plumbing and cost to strategy and business advantage,” Sullivan tells Data Management Insight.
In her keynote, entitled “The CDO Playbook: Data as a business multiplier”, Sullivan will look at how capital markets participants should recalibrate their approach to data, with CDOs in particular urged shift the conversation to data being a strategic lynchpin for IT modernisation.
Among the topics she’ll discuss will be:
- How a strong data foundation directly improves business outcomes like speed, cost, security and compliance to secure executive buy-in.
- The importance of high-quality, well-governed data to artificial intelligence initiatives.
- Ways to balance the need for good data governance with enabling the widest utilisation of that information within a modern operating model.
- Roadmaps of data project wins that can build momentum for developing your data strategy.
Data Management Summit New York City is now in its 15th year and each edition has built on the last to offer a compelling view into the fast-changing data landscape for financial institutions.
The context of the event has always been how capital market participants can unlock the most value from their enterprise data. Each subsequent edition has brought into this the latest ideas and technologies, providing the fullest view of the data management industry’s evolution.
This year’s event will, of course, look at the latest developments in, and applications of, AI. It will also consider emerging technologies, architectures and analyses, including data products and marketplaces.
In her keynote, Rocket’s Sullivan will address the fundamental importance of data as a foundation for business empowerment.
“If you’re tired of fighting for attention in the boardroom, this is where you’ll learn how to make data impossible to ignore,” she says.
- Data Management Summit New York 2025 will be held at Convene, One Liberty Plaza in Manhattan on September 18. To book your attendance, sign up here or register below.
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