Financial Services: Data Harmonization through Open Industry Standards
Improve data quality, analytics, risk management and governance.
Data harmonization is the process of bringing together data of varying file formats, naming conventions, and technologies, and transforming it into one cohesive data set. Thanks to a foundation based on the semantic web and broad financial industry participation, financial services organizations and regulators alike can now benefit from greater transparency and lowered risk from using ontologies that increase data intelligence via machine learning.
In this webinar, Cutter Consortium Senior Consultant Philip O’Reilly, along with colleagues David Saul, Marty Loughlin, Daire Lawlor, and Michael Atkin will demonstrate how open industry standards like the Financial Industry Business Ontology (FIBO) are improving the precision, usefulness and value of data. You’ll discover how data harmonization — via the marriage of open industry standards and semantic database technologies — results in improved outcomes in data quality, analytics, risk management and governance.
During this one-hour webinar discussion, you’ll learn why the financial services industry is accelerating its efforts to integrate disparate data from multiple sources and how to harmonize the data in your organization.
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Meet The Experts
Philip O’Reilly
Philip O’Reilly is a Senior Consultant with Cutter Consortium’s Business Technology & Digital Transformation Strategies and Data Analytics & Digital Technologies practices. He is also Director of the State Street Advanced Technology Centre at University College Cork, Academic Co-Director of Boole Business Labs, and a Senior Lecturer in Business Information Systems at University College Cork (UCC). His research focus is on digital business, with a specific focus on financial services.
David Saul
David Saul is Senior Vice President and Chief Scientist at State Street Corporation. In this role, he is responsible for proposing and assessing new advanced technologies for the organization as well as evaluating technologies already in use at State Street and their likely evolution in order to reinforce the organization’s leadership position in financial services.
Dáire Lawlor
Dáire is Vice President, Consultancy Services Group Manager, at State Street Corporation. He is currently head of the Consultancy Services Group for State Street International (Ireland) Ltd. , where he manages a team of expert technicians, analysts and project managers whose remit include Innovation, FinTech/RegTech and Data Solutions programmes as well as a variety of new business, product development, client change and internal transformation initiatives.
Marty Loughlin
Marty Loughlin is Vice President, Financial Services at Cambridge Semantics Inc. Prior to joining Cambridge Semantics, Marty was the Managing Director for EMC’s consulting business in Boston. His 25 year career has focused on helping clients leverage transformative technologies to drive business results, most recently in Cloud and Big Data.
Michael Atkin
Michael Atkin is the Strategic Advisor to the Enterprise Data Management Council. He has been a financial information industry facilitator since 1985. He has vast experience in reference data, EDM, market data, symbology and unique identification, semantics and ontology, organizational dynamics, standards, etc.
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