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| First, Get the Data Right - Risk Professional |
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| Friday, 17 April 2009 | ||
| Risk Professional | ||
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Risk Systems remain vulnerable to 'garbage in, garbage out', Jeffrey Kutler explains in this article published by Risk Professional. The following synopsis lists some of the quotes from our GoldenSource spokespeople. At a time when "funding for any kind of IT project is difficult to get," notes Gert Raeves, GoldenSource's senior vice president of business development, risk is a magic word. "Without a strong risk management benefit, projects won't be funded. The underlying problem is data management - people want to be able to trust the data they are looking at. "Inaccurate or incomplete data brings on the classic "garbage in, garbage out" problem. Getting there requires systematic, step-by-step planning. "Think big, start small and make the right choice for initial implementation that can be replicated across business segments," advises Raeves.
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