Is fighting between “the business” and IT just the natural order of things? A 2nd post from MIT IQIS.
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The US Army, Plumbing & Burning Bridges
In my 1st report from MIT’s Information Quality Industry Symposium, I reflect on the keynote presentation from Ron Bechtold, the US Army’s Chief Data Officer.
Marketers have much to learn from Batman
According to Jeremy Jones, Datanomic’s Marketing Director, marketers should take advice, not from the latest business gurus, but from comic-book hero Batman.
Confronting a False Positive
If a false positive comes in the shape of a 6′ 7″ man wearing only a bath towel, would you want to confront it?
Reducing False Positives in Customer Screening
False positives are the scourge of the Money Laundering Reporting Officer (MLRO) responsible for protecting the reputation and security of a financial institution. Every occurrence of a client record matching to a name on a sanction, risk or PEP register has to be investigated; the review and research of false positives costs institutions time and [...]
Data quality practitioners – what are you worth?
The International Association of Information and Data Quality (IAIDQ) and the Master of Science in Information Quality team at the University of Arkansas are conducting a salary survey for people working in data quality. It is open to everyone engaged in data quality or data governance activities and aims to produce a resource for practitioners, [...]
What use is BI without fit-for-purpose data?
In a blog post titled Crazy BI, Jorgen Heizenburg, Principal Technology Officer for Business Intelligence at Capgemini Netherlands discusses the challenge of using external data to improve the performance of BI, identifying 3 main problems: [1] too much data, [2] data too late and [3] poor data quality. He concludes by arguing that companies need [...]
Screening for Dr. Jekyll & Mr. Hyde
An investment fund manager arrested last week as part of a police investigation into a possible multi-million pound money laundering scheme is a disqualified director who registered with the Financial Services Authority (FSA) after changing his name, according to reports.
Terence Sparks was disqualified as a director several years ago. That doesn’t mean you absolutely shouldn’t do [...]
NPfIT data needs intensive care
The National Programme for IT (NPfIT) aims to create a centralised medical records system for 50 million patients in England at a cost of more than £12bn, but a hospital boss has criticised the system today, saying it had cost his trust an extra £10m and meant fewer patients could be seen.
In statement published on guardian.co.uk, Andrew [...]
In God We Trust, In Banks We Hope
“Even non-bankers with no “credit risk management” expertise would have known that there must have been a very high risk if you lend money to people who have no jobs, no provable income and no assets.” These are the words of Paul Moore, former head of Group Regulatory Risk, HBOS Plc in a his written evidence [...]