"An invaluable resource that I recommend to anyone in the financial services industry."
--Dirk Riehle, Senior Research Scientist, SAP Labs LLC "Risk officers, compliance officers, information/IT officers and CFOs coping with financial, risk, regulatory, and data management challenges can do themselves a service by becoming familiar with the innovative themes and techniques explored in this book"
--Erik Banks, Chief Risk Officer, UniCredit Markets and Investment Banking
"Aligning Business and IT with Metadata" shows how metadata management can help you to manage change in the financial services industry, while ensuring that you comply with regulations and limit your exposure to risk.
Hans Wegener explains metadata management and the context of the financial services industry, showing where problems can arise, and where and how value is created. He gives an in-depth introduction to three important practical areas: managing evolution, quality, and sustainability. Overall, he shows how metadata management can help to revolutionize your business and provide a blueprint to be used in strategic planning.
Read this book and discover how metadata management can be used to bring about a successful, technological evolution within your business!
Financial services institutions like international banks and insurance companies frequently need to adapt to changes in their environments, yet manage risk and ensure regulatory compliance.
The author Hans Wegener reveals how metadata can be used to achieve a successful and technological evolution.
This unique approach is divided into three parts to: Explain how metadata can be used to increase an organization's ability to adopt changesOutline the peculiarities of financial corporations and how they affect value creation and solution designPresent the practical side of effectively managing metadata and sustaining long term success
Wegener firstly illustrates the peculiarities of both metadata management and the financial services industry. He combines both, puts them into context of use, and explains where and how this makes life difficult, as well as where and how value is created. This enables the reader to understand the impact of metadata management on his/her organization, its typical side effects, necessities, and benefits.
The book then goes onto reveal how different crosscutting concerns managed in large financial corporations (change, risk, and compliance management) can revolutionize business by supporting them with metadata management. This provides a blueprint to be used in strategic planning. Finally, the mechanics of three important practical areas are discussed in-depth, namely managing evolution, quality, and sustainability. This provides helpful scripts for practitioners to be used in real-life.
