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DNB hires Collibra to boost data strategy

DNB Bank, Norway’s largest financial services group, has recruited software company Collibra to help support its global data strategy.
Collibra, a specialist in enterprise data governance and data cataloguing software, is supplying its platform to give DNB a better understanding of how data is being utilised in business processes to deliver value to customers, optimise business operations and monitor the bank’s compliance with industry data regulations.
“Digital adoption is driving an explosive growth of data, creating new challenges to manage and ensure compliant use of large volumes of data,” said Aidan Millar, Executive Vice President Group Digital Insights and Chief Data Officer at DNB. “The Collibra platform is bringing context to DNB’s complex data landscape and fuelling the shift to a data driven organisation.”
He said the move is part of a broader group-wide focus on deploying a leading-edge data strategy: “The bank is reinforcing the importance of data and its foundation to the bank’s Customer Insights strategy to listen to the ‘digital voice’ of the customer and deliver tailored digital customer experiences in a compliant and meaningful way,” he added.
“Today, as companies across all industries embrace an inevitable digital transformation, we’re seeing them struggle to make sense of the huge volumes of data that they’re now collecting in an efficient and compliant way,” commented Steve Neat, Collibra VP Sales, EMEA. “Data governance helps unlock the true value of this data – so we’re delighted to be partnering with DNB on their Customer Insights program and overall strategic data initiative.”

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