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Data Utilization and Optimization in the Financial Industry Across APAC
Financial institutions in APAC are leveraging data and analytics to improve customer experience, yet face challenges in fully implementing data strategies. Annual losses from missed data opportunities average $125K. While 83% of SDMs and 81% of ITDMs have data strategies in place, 100% of SDMs report facing challenges. Real-time data access and hybrid architectures are seen as essential by over 90%, with most emphasizing the need for centralized governance to manage data across the full lifecycle.