The February 2023 Aite-Novarica Group report outlines best practices for CIOs and CTOs selecting data visualization tools for financial institutions. As data volume, variety, and velocity grow, visualization is key to extracting actionable insights. Leaders should consider combining different tool types, ensure alignment with existing architecture, manage risks with open-source solutions, and implement data-cleaning processes like DataOps. Tools must be flexible, secure, compliant with regulations, and aligned with available talent. Successful adoption requires that organizations actively use these tools to avoid wasted investment while preparing for evolving data privacy and security demands.

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