Governance is about prioritization, and data management is no different-certain types of informational inaccuracies need to be corrected before others, particularly for compliance and reporting.

There's not much in banking that doesn't hinge on data these days, whether it's risk management, compliance, customer relationship management or marketing. Ensuring that data is reliable, and available when needed, has become a growing industry as banks hire data scrubbing firms to keep things in order.

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