Regulation, Innovation and Digitalisation CDO Survey

6 September 2018
Gresham

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In a survey sponsored by Gresham, WBR Insights surveyed 100 Chief Data Officers across Europe to find out the challenges they are facing as the financial sector grapples with a data revolution and increasingly complex regulatory environments.

Survey insights include:

  • GDPR is the most complex regulation for over 69% of CDOs
  • 36% of respondents are turning to new data management technology for regulatory compliance
  • 52% of financial CDOs surveyed are unaware of all data gaps in their organisation
  • 36% of respondents feel their data governance strategy is inadequate
  • 1/3 of respondents are setting up centres of excellence to institutionalise data innovation
  • Data management and machine learning are the clear winners of investment from respondents, with over 80% setting some of the budget aside for them in the coming two years

Download the full report