LakeFront Data holds Inaugural NY Conference on the “New Era of Data Management”

14 April 2008

LakeFront Data Ventures, the specialist consultancy firm of industry-leading data management experts, held its first Data Management conference at the Yale Club in New York on April 4th. The event was very well attended, with close to 100 attendees from Wall Street and financial services firms including Bank of America, Lehman, Telekurs, IDC, Merrill Lynch, AIG, Credit Suisse, Fidelity, Deutsche Bank, Omgeo, TSX, UBS and Metlife among others.

The theme of the conference, “New Era of Data Management”, advocates an SOA solution approach for Enterprise Data Management supported by strong Governance.

The keynote speaker Steve Silberstein, Managing Partner of Costal Partners and former Managing Director at Lehman Brothers, stressed the critical nature of data with his view on the future of data in competitive financial markets.

LakeFronts’ Marc Odho and Ed Ventura presented the terms of reference for SOA EDM solutions and governance, as the new approach to data management that quickly provides measurable incremental business benefits by leveraging the Services approach supported with good governance.

Canada Pension Plan Investment Board (Jennifer Thompson, Vice-President & Head of Information Services, CPPIB) and Fitch Ratings (Tony Maceroli, Managing Director, IT, Fitch Ratings) presented two case studies highlighting the benefits of the SOA approach and governance based on their implementation of ReferenceDataFactory’s EDM Solution.

Mike Atkin, Managing Director, EDM Council chaired a lively and informative expert Panel Discussion on the topic “Now that you Have the Data - How do you Enrich, Transform, and Control it and Deliver it in the way it's needed?” The focus of the discussion was on data integration with the expert panel, that included industry veterans; David Hirschfeld, MD & COO, Modelware, Morgan Stanley; Jacob Abraham, Global Head of Product Pricing Data, Merrill Lynch; Predrag Disdarevic, Independent Consultant; and Garry Wright, Partner, ReferenceDataFactory LLC.

The conference concluded with a presentation from James Hartley, Vice-President, Research, ATeam Group on SOA in Enterprise Data Management: Trends and Industry Perspectives.

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