Banking on Data Strategy
Jun 7, 2023 | 3 minsDigital transformation depends on the quality of your data and your ability to handle it. In this interview, Ashwin Sinha – Executive Director & Chief Data Officer at Macquarie Bank discusses the strategic topics at Macquarie Bank, such as engineering delivery acceleration, data governance, data literacy, and artificial intelligence. To stay ahead of the rapid pace of change in their field, Ashwin emphasises the importance of continuous learning.
Data strategy is crucial in digital transformation. Transformation is an ongoing process and highlights the critical role of data quality and processing speed in digital transformation. There needs to be alignment between digital transformation strategy, data strategy, and technology modernisation strategy to avoid operating in silos.
By simplifying data interfaces, extracts, and dashboards, data strategy eliminates complexity in the data landscape. Modernise technology and consolidate data warehouses, including transitioning to cloud platforms. To support the…