 The fourth leg of the stool — Data protectionJohn Rosato ()
Journal of Financial Transformation, 2004, vol. 11, 108-109 Abstract: Financial executives focus on data creation, analysis, and dissemination as the lifeblood of their business strategy. At the creation phase, multiple inputs provide an enormous wealth of data. At the analysis phase, data becomes information, driving everything from business strategy to marketing strategy. At the dissemination phase, information becomes corporate wisdom as it is shared across the enterprise, and the corporation as a whole takes a step forward. This three-legged stool is sturdy, yet has its weaknesses, especially if the legs are not well positioned. What is needed is a fourth leg of the stool — an enterprise protection strategy that safeguards the data to make it available and accessible when needed. At the core of any financial firm’s discussion about data should be the questions: How current does my data need to be? What am I doing to protect and maintain my data across the enterprise? Keywords: Data management; data protection; financial institutions (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ris:jofitr:1371 Access Statistics for this article Journal of Financial Transformation is currently edited by Prof. Shahin Shojai More articles in Journal of Financial Transformation from Capco Institute 77 Water Street, 10th Floor, New York NY 10005. |
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