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Data Governance in Financial Services: How to Ensure Data Integrity for Risk Management and Reporting

Astera

Introduction   As financial institutions navigate intricate market dynamics and heighten regulatory requirements, the need for reliable and accurate data has never been more pronounced. This has spotlighted data governance—a discipline that shapes how data is managed, protected, and utilized within these institutions.

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26 Interesting Statistics around Big Data, Data Science, and Analytics Market, Jobs, and Salaries

Analysts Corner

The global data as a service (DaaS) market is expected to grow and reach a revenue of US $ 10.7 By 2023 , the big data analytics market is anticipated to reach $103 billion. According to Statistica , by 2025 , the global big data analytics market’s annual revenue is likely to grow to $68.09 billion in 2023.

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Why Data Quality and Data Governance are Important to Achieve Compliance

Analysts Corner

In this article, we present a brief overview of compliance and regulations, discuss the cost of non-compliance and some related statistics, and the role data quality and data governance play in achieving compliance. In 2020 alone, banks were fined $14.2 Why are data Governance and data quality needed for compliance?

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Top Data Analytics Terms You Should Know

The BAWorld

Top Data Analytics terms are explained in this article. Learn these to develop competency in Business Analytics. Data Analytics Terms & Fundamentals. Consistency is a data quality dimension and tells us how reliable the data is in data analytics terms. Also, see data visualization.

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Building a Data Science career without coding

The BAWorld

Career in Data Analytics without Coding Is it possible to build a career in data science without programming skills? Although it would seem like programmers hold the majority of the roles in data science but that is not the case! They have to sustain high-quality data standards by detecting and fixing issues with data.

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What is Data Warehouse – Fundamentals, Usage, benefits

The BAWorld

Databases are transactional in nature and can be Created, updated, read and deleted are often used in real-time environment to support operational processes like E-commerce, banking, customer management etc. RDBMS – In RDBMS, data is stored in a structured form into a table with predefined relationships, example: MySQL, Oracle.

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What do data-driven companies have in common? Research reveals five key trends

Tableau

Mindset: Encouraging data exploration and curiosity for everyone . Commitment: Realizing value from data, not just using it . With data-leading organizations in North America, 70% more respondents said that stakeholders made it easy to access the data they need to do their jobs than in data-aware organizations.