Abstract
Mahesh SWAMINATHAN from Capgemini and Stéphane RIO from Opensee delve into the critical role of data foundation in fostering trust and growth, particularly within the financial industry. With over two decades of experience in data and AI, Mahesh SWAMINATHAN emphasizes the necessity of data security, governance, and trust, while Stéphane RIO highlights the transformative power of technology in data management. They discuss the challenges posed by legacy systems and the opportunities presented by AI and data analytics. The conversation explores the importance of data integrity, timeliness, and desiloing, stressing the need for a robust data trust framework. This framework is essential for preventing issues like AML false positives and stress testing failures, which can lead to regulatory penalties and operational losses. The speakers also touch on the potential for data monetization and customer personalization, illustrating how data trust can drive business growth and operational efficiency. By leveraging data insights, organizations can enhance customer satisfaction and retention, open up upsell opportunities, and streamline operations through automation. The video underscores the importance of adopting new technologies and processes to stay ahead in a rapidly evolving business landscape. This summary was generated by AI
