AI-Driven Data Quality: The Path to Accurate and Reliable Business Decisions in Financial Services

The rapid adoption of artificial intelligence (AI) in Financial Services has underscored the immense value AI can bring to data-driven decision-making. However, the reliability of AI is only as good as the quality of the data it is trained on.…

How Financial Services Companies Can Use AI While Maintaining Regulatory Compliance

In the Financial Services industry, regulatory compliance is an imperative. DMG has been helping a number of leading organizations get their arms around how to utilize Artificial Intelligence (AI) while maintaining and navigating the regulatory…

Using AI to Uphold Fairness and Combat Bias in Financial Services

The burgeoning role of Artificial Intelligence (AI) in Financial Services is not just a technological revolution; it provides the opportunity to redefine fairness in a sector that has historically seen biases perpetuated in practices like redlining,…

AI in Financial Services Companies: The Data Privacy and Security Imperative

In an era where Artificial Intelligence (AI) reshapes financial services, dramatically improving operations and revolutionizing customer experiences, the imperative of data privacy and security has emerged as a number one priority for business…

Emerging Data Risks: More Data = More Risks

The Benefits of Being Frugal With Data In today's digital age, enterprises are generating and processing more data than ever before. One estimate stated that 1.7 MB of data was created every second for every person on earth. With the amount…
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Data Quality Metrics and A Data Quality Culture

Data Governance Best Practices Formalizing and improving your Data Governance framework is one of the soundest ways to ensure that your company does more than just pay lip service to being data-driven. In this post, I’ll cover two Data…

Automated Data Quality Checks and Standardized Data Formats

Data Governance Best Practices Unlocking the power of accurate and reliable data is no longer a daunting task. Companies that are able to do so will be well-positioned for the future, as they use data to enhance customer experience, increase…
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A Minimally Invasive Approach to Formalizing or Improving Data Governance

Since the days of Moneyball, many leaders have pushed their organizations to become increasingly data-driven. What few of these leaders fully grasp, however, is the additional workload this kind of fundamental shift places on existing staff.…
5 Keys to Establishing a Successful Data Governance Program

5 Keys to Establishing a Successful Data Governance Program

Data Management Group (DMG) works regularly with clients who are interested in establishing a Data Governance program, but may not know exactly what that entails.  Data Governance is a powerful approach to aligning interests in, and furthering…

Why Data Security Continues to be Job #1 For Financial Services Companies

Data security is paramount when you’re dealing with customers’ sensitive financial information. A recent Verizon research study showed that nearly 90% of all data breaches are financially motivated. And this timeline of 200+ serious cyber…