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/ / INSIGHTS

So you want to be a CDO?

Authored by: Principal Consultant, Synechron Business Consulting

Glory and fortune await you… well they might be awaiting you… but let’s first try to figure out what it is you are going to do. You have already realized the importance of data in the financial industry; otherwise, you would not be here. You know that our entire industry is the most virtual in the world, with dematerialized assets and much cash stored in computerized ledgers (you can hardly call the plastic in your wallet a tangible output of our work…). It’s just data. Well not just data, it is Data! And because the industry spends its days reading, writing, manipulating, deleting, aggregating, moving… data, we should be very good at it. We should be… but we aren’t. We lose data, we manipulate data, but we don’t know why and how we did it, we can’t trace data, we have no idea who else is using our data, we use inconsistent copies of the same data throughout the firm without knowing it… Maybe someone should help us get things in order?

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