Markit: Data audits: Invaluable insights into costs

It’s not uncommon for data management projects to result in 15-20 siloed systems being retired. And we could extrapolate that figure for global projects. With so many systems in so many territories it is easy to understand how financial institutions are likely in need of data audits. Similarly different sets of users may be making the same data requests but from different regions without ever knowing the organisation had already paid for it. Cost savings here can be significant.
Data is
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