ADVISORY
LakeFrontData is a specialist consultancy firm of industry-leading data management experts providing unbiased, objective and trusted advice, focused on all facets of enterprise data management (EDM) including strategy, technology, product management, and implementation services. Our team of professionals provides a broad range of data know-how based on real-life experience serving in high level management and operational positions.
LakeFrontData believes that data management is currently serviced by a fragmented and rapidly evolving marketplace characterized by over one hundred global software / solution vendors selling specialized and proprietary products and services. Financial institutions need, and can benefit from, trusted independent advice from experts that have a view of the big picture and are able to provide a strategic road map and implementation plan on how it all fits together to achieve the financial institutions goals.
Data management is not purely a technology or operational issue, data is a corporate asset and information is the life-blood of financial services. The promise of data management lies in achieving a more holistic vision. This requires a firm to focus on, and improve, all aspects of the data infrastructure, including technology, software, data feeds, data flows, workflow, governance, process, quality improvement and so on. If data management is strategically addressed on a division or enterprise level, key business benefits (e.g. increased revenue, risk mitigation, cost reduction and regulatory readiness) can be realized.
LakeFrontData understands the data management marketplace and the drivers that financial institutions are faced with addressing. Whether it is a need to increase revenue, mitigate risk, reduce costs or adhere to the latest regulatory requirement, we are a trusted advisor for enterprise data management.