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Data as Currency: The Importance of Master Data Management in Banking

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"Data as Currency: The Importance of Master Data Management in Banking"

Brought to you by Semarchy

In the banking industry, data is the lifeblood that drives business decisions, customer insights, and regulatory compliance. So, how confident are you in your organization's data?

Bad data has real consequences - poor data quality costs US businesses an estimated $3.1 trillion per year. Meanwhile, having trusted data helps organizations make money.

This is where Master Data Management comes into play. MDM brings your master data across various sources into a single source of truth, or golden record. This allows businesses to make informed business decisions and enhance customer insights.

With this infographic from MDM leader, Semarchy, you will:

  • Learn the critical role of MDM in financial institutions
  • Explore the power of data in facilitating optimal business performance
  • Discover key integrations to provide a seamless data experience
  • Understand how to simplify data governance and adhere to changing regulatory laws


Offered Free by: Semarchy
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