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.
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