This guide outlines six best practices for developing a future-ready data strategy in banking. It emphasizes the need for financial institutions to unify and contextualize data for a single source of truth, integrate a robust data ecosystem, and democratize real-time insights without compromising security. By enabling business users to govern data and embedding AI and analytics, banks can accelerate decision-making and adaptability. A modern, cloud-based finance platform like Workday helps centralize and enrich data, reduce reconciliation efforts, improve reporting speed, and enhance strategic decision-making, positioning finance as a key driver of transformation.

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