Despite the concept of data management being fundamentally sound and a good one, industry professionals “cannot afford to get it wrong” when it comes to the implementation of their IT deployment strategies, FIMA delegates were warned on Wednesday. And, making quick decisions with the buy-in of senior decision makers is key.

Leadership is largely about what kind of strategies you employ to stay in touch with your organisation, Michael Portillo, former UK Defence Secretary, told FIMA delegates yesterday.

Speakers at FIMA repeatedly warned delegates to beware “analysis paralysis” when planning their data management strategies. Karen Broadbent of UBS was the first to use the phrase; she has spent much of her 18 months at the bank trying to work out where to start, she said. “The answer is to take small steps,” she [...]

Asset Control has hired Jean Williams and Rick Enfield, both ex of buy side data management specialist Citadel Associates. Williams parted company with Citadel earlier this year following a disagreement with the other directors about the future direction of the business. Enfield joined Citadel in November 2006 from buy side systems vendor Charles River Development.

There are three key considerations when trying to move business data governance strategies from concept to reality, according to Ian Webster global head of market data at Barclays Global Investors, the first speaker of the day at today’s FIMA event. Those are asset allocation, portfolio optimisation and standards.