About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Join next week’s Data Management Summit for the Low-Down on Data Governance

Subscribe to our newsletter

Data governance, lineage and quality are in the spotlight at next week’s A-Team Group Data Management Summit in New York City, with discussion expected to focus on progress, regulatory impact, strategic approaches and the potential benefits of a strong data governance framework beyond regulatory compliance.

Michael Vapenik, enterprise data governance officer at American Express, will moderate a panel session during the Summit that will cover these issues and answer your questions. Vapenik will be joined on the panel by Ellen Gentile, assistant vice president, data quality and data steward at Sumitomo Mitsui Banking Corporation; Sue Habas, vice president of strategic technologies – data intelligence at ASG Technologies; Catherine Louisy-Louis, senior vice president, director, Americas data governance at Mizuho Americas; and Nathan Snyder, partner at Brickendon Consulting.

We caught up with Snyder ahead of the Data Management Summit, to get a flavour of Brickendon Consulting’s approach to data governance, which favours change from a top-down to a data consumer approach to governance.

Snyder explains: “Looking at regulations and data in terms of difficulties around ownership, stewarding and mastering tends to ignore how data is used across an organisation. We take a more data consumer focussed view as there is no value in mastering data, but there is value in distributing it for use. If consumers own some data governance, this can also help their understanding of data quality.”

Data lineage can also be improved with a consumer view, which also moves data governance closer to meeting business needs. Snyder says that if data governance is driven by data architects and internal standards, it may not be very useful for data consumers working to meet business needs. Instead, he suggests: “Data governance needs to be about relationship management and engaging with groups of consumers to meet their requirements and understanding of data. By promoting a holistic view of data to consumers, they can feed back on what needs to be changed.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Cross-Regulation Data Consistency and Accuracy

Regulatory reporting obligations continue to expand, bringing with them more overlaps of data elements across reporting regimes. As many firms struggle with the accuracy and completeness of individual reporting obligations, regulators have increasingly begun to focus on cross-regulation data consistency in their data validations and examination processes. This webinar will identify cases of data overlap...

BLOG

GLEIF and Swift Reduce Cost of Reconciling Counterparty Data with Certified Mapping of MIC to LEI

The Global Legal Entity Identifier Foundation (GLEIF) has expanded its collaboration with Swift by providing certification for the mapping of Swift’s Market Identifier Code (MIC) to the Legal Entity Identifier (LEI). The resulting open source file will enable market participants that use GLEIF and/or Swift data to link and cross-reference key entity identifiers free of...

EVENT

Data Management Summit New York City

Now in its 12th year, the Data Management Summit (DMS) in New York brings together the North American, capital markets enterprise data management community, to explore the evolution of data strategy and how to leverage data to drive compliance and business insight.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...