A new press release states, “Collibra, a leader in enterprise data governance and catalog software, today announced it has achieved Amazon Web Services (AWS) Financial Services Competency status. Collibra earned this designation based on its deep expertise helping financial firms quickly migrate and capitalize on trusted data in the cloud. Financial firms are accelerating their move to the cloud to take advantage of its scalability, performance and cost benefits. *Industry data shows these firms’ IT spend on cloud will increase more than 56 percent from 2017 budgets to those in 2019. With this shift, how data is transported is even more critical, which is why the correct governance principals need to be aligned to this migration strategy.”

The release continues, “By leveraging the power of AWS, the Collibra platform can deliver enterprise-wide data visibility in the cloud that fuels data-driven decision-making and improves business results, helping customers without interrupting the end-user experience or breaking active compliance practices. ‘Sound data governance underpins financial firms’ ability to maximize the value they can derive from their data in the cloud,’ said Stan Christiaens, Collibra co-founder and Chief Technology Officer. ‘Our relationship with AWS lets firms quickly adopt not only the cloud, but also new technologies like Machine Learning, Artificial Intelligence and the Internet of Things that present compelling business opportunities. By leveraging AWS, Collibra is helping financial firms unlock exciting new possibilities through the power of more accessible and trusted data’.”

Read more at Collibra.

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