Norway’s largest financial services group recognizes the value of data
SWEDEN, November 15th, 2018 – Today, DNB Bank (DNB) – Norway’s largest financial services group – announced its partnership with Collibra – a leader in enterprise data governance and data cataloguing software – to enable the group’s global data strategy. The Collibra platform will allow DNB to better understand how data is being utilized in business processes to deliver value to customers, optimize 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. The Collibra platform is bringing context to DNB’s complex data landscape and fuelling the shift to a data driven organization.” says Aidan Millar, Executive Vice President Group Digital Insights and Chief Data Officer (CDO) at DNB.
DNB’s partnership with Collibra 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 – delivering the right offer, through the right channel, at the right price, at the right time.
Steve Neat, Collibra VP Sales, EMEA, says: “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. 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.”
DNB is Norway’s largest financial services group and one of the largest in the Nordic region in terms of market capitalisation. The Group offers a full range of financial services, including loans, savings, advisory services, insurance and pension products for retail and corporate customers. DNB’s bank branches in Norway, in-store postal and banking outlets, Post office counters, Internet banking, mobile services and international offices ensure that we are present where our customers are. We are a major operator in a number of industries, for which we also have a Nordic or international strategy. DNB is one of the world’s leading shipping banks and has a strong position in the energy sector, and the fisheries and seafood industry. Learn more at www.dnb.no.
As the leader in data governance and catalogue software, Collibra helps organizations across the world gain competitive advantage by maximising the value of their data across the enterprise. Collibra is the only solution purpose-built to address the gamut of data stewardship, governance, and management needs of the most complex, data-intensive industries. Our flexible and configurable cloud-based or on-premises solution puts people and processes first – empowering every data citizen to find, understand and trust the data to unlock business value. Learn more at www.collibra.com.
Savannah O’Hare / Francesco Tius
Collibra team at AxiCom
020 7559 5614