EDM Council Marks Third Anniversary During Sifma

The EDM Council marked its third anniversary during the Sifma Technology Management Conference in New York this month. Since its formation in 2005, the not-for-profit organisation has grown in size from a dozen founding members to more than 50 financial institutions, data vendors, software companies and integration providers. “Today, most firms are actively engaged in managing data as a shared service and understand data quality as the glue that holds business processes together. Data management is rapidly being viewed as an essential horizontal process – alongside IT, operations, and human resources as part of the core infrastructure of financial institutions,” said Michael Atkin, managing director of the EDM Council.