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| Enterprise Data Management Hits Agenda at SIBOS 2007 |
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| Wednesday, 26 September 2007 | ||
| [Media Release] | ||
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FOR IMMEDIATE RELEASE: Enterprise Data Management (EDM) is firmly on the agenda at Sibos this year in Boston. Mike Atkin, managing director of the EDM Council, will moderate a panel discussion addressing the challenges and strategies for implementing an enterprise data strategy. While the financial services industry agrees that enterprise data management is fundamental to business operations, insight from early adopters suggests internal practices are inhibiting its success. Atkin's role on the EDM Council means he has a detailed understanding of how the financial services industry is currently tackling the issue of data management at an enterprise level as well as strong views on how the industry should move forward. He can outline the initiatives that the Council is undertaking to help financial institutions develop successful strategies and involve all parts of the industry to encourage standardisation and collaboration. Information about the EDM Council can be found at: www.edmcouncil.org About the EDM CouncilThe EDM Council is a business forum for financial institutions. It has been designed to enable senior officers responsible for content management to share information on the business strategies and practical implementation realities associated with achieving enterprise-wide control over data content. All financial institutions, regardless of business segment or geography, are invited to participate in the Council and contribute to the management of the EDM agenda. The Council was created in collaboration with leading financial institutions such as Credit Suisse, Citigroup, Pioneer Investment Management, Franklin Templeton Investments, State Street Bank & Trust, Deutsche Bank and Bank of America and now includes 87 financial institutions from all segments of the industry. The Council is being initially funded by the founding sponsors who understand and support their clients' need for data access, precision, transparency, integration and content linkages across functions, between applications and among multiple lines of business. The goal of the partnership is to help elevate the concept of enterprise-wide data control as a business priority.* * *
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