Data Governance, and the tools supporting it, reflect the growing importance of “automated services” when dealing with the laws and regulations that have been developed to protect privacy and societal norms. Data Governance has become a necessity for organizations using the internet. It is a collection of rules, policies, and standards designed to improve Data […]
Banking on FIBO: Financial Institutions Turn to Semantic Standard
What is a Semantic Bank? One thing is for sure: The Financial Industry Business Ontology (FIBO) developed by the EDM Council, which semantically defines core financial industry concepts and relationships, probably plays a big role in it. A look at Deutsche Bank should help clarify the concept. The bank has leveraged FIBO as the basic […]
A New Take on Data Discovery, Data Management, and its Relationships
Having herself held senior roles in IT at Wall Street companies including Deutsche Bank and Morgan Stanley Smith Barney, Oksana Sokolovsky is quite familiar with the challenge of Data Management and data discovery. As co-founder and CEO of ROKITT, her goal was “to build a product that solves that challenge,” she says. The challenge exists […]