Op risk is moving up the 'C-suite' agenda


NEW YORK - Societe Generale losses and the many reputational crises hitting firms in the past year will help data managers stress to top-level management (the 'C-suite') the importance of reducing risk.

"There have been too many high-profile issues and events that have not only proved the high direct impact of poor quality and data management on financial results and risk management, but also the huge impact on investor confidence," says New York-based Phil Lynch, chief executive officer of data

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