Bill Waid, Chief Product and Technology Officer at FICO, talks about winning executive buy-in for data governance projects, connecting functions for effective data governance, the importance of data infrastructure, and the challenges of secrecy in financial services data governance.

Bill Waid, Chief Product and Technology Officer at FICO, discusses challenges faced by financial service leaders in leveraging data, including governance, analytics, AI adoption, and data format transition. He explores obstacles in fully utilizing data and the importance of data security, privacy, and regulations. Bill emphasizes balancing people, process, and technology in successful digital transformations and the significance of data quality and measuring effectiveness in financial services. He also highlights the importance of data governance in generative AI adoption.