A recent press release states, “ASG Technologies, the only provider of integrated and flexible end-to-end solutions for the information-powered enterprise, announced today that Kotak Mahindra Bank (Kotak) has selected ASG to help pioneer its data governance initiatives. Kotak’s digital-first organic growth strategy is driven by its ABCD charter that focuses on AI enriched App, Biometric enabled Branch, Context enhanced Customer Experience and Data empowered Design. A digital-first growth strategy entails rapid digitalization of processes and systems, which in turn requires having a robust data governance strategy. To put in place robust data governance processes and systems, Kotak has selected ASG’s Data Intelligence solution. ASG’s solution enables Kotak to discover, govern and derive the value within its data while remaining compliant with ever-changing regulatory environments and maintaining hard-earned customer trust.”

Devang Gheewalla, President and Chief of Operations at Kotak Mahindra Bank, said, “Trust is the central theme in building customer confidence which in turn contributes to sustainability of a bank’s business. A robust risk management and governance practice is imperative in building a trustworthy bank and it is these key principles that are driving Kotak’s data governance strategy. We value our association with ASG and believe that ASG’s Data Intelligence solution will enable us to set the standard for data governance among financial institutions in India.”

Read more at Business Wire.

Image used under license from Shutterstock.com