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Unleashing Your Data Potential
AI and ML in the Financial Sector
The staggering potential of Big Data and AI has captured people’s imaginations right across the business spectrum. For CDOs, that can be a double-edged sword.
While on one hand, they’re more valued and indispensable than ever before, on the other, they’re constantly having to counter unrealistic expectations, bringing colleagues back down to earth and struggling to deliver measurable results for the business. This can be a thankless task, with demands and responsibilities piling up on the CDO’s shoulders, but little organizational commitment to provide the resources or support they need.
The great thing about synthetic data is that, by removing the privacy and security risks, you can be a lot more open to these new ideas. You can free up data so your colleagues can innovate with it as they wish to. Their unrealistic goals are suddenly a lot more achievable.