The challenge of guaranteeing the reliability of financial institutions' data

The biggest challenge facing financial institutions is ensuring that their data is trustworthy and complete enough to make sound decisions about risk. This challenge keeps financial professionals up at night, as making decisions based on accurate and reliable data is crucial in managing risk effectively. Financial institutions are constantly adopting new technologies and data architectures to improve their decision-making capabilities. However, in the pursuit of cutting-edge technology, it is important not to overlook the importance of reliable data governance. Investing in data governance and ensuring the provenance of the data allows organizations to make better decisions, increase accessibility, and improve the overall customer experience.