Counting on ethics when it comes to data management
Paula Smith examines how a strong ethical approach can help financial services firms cope with the changing world of data management
While the amount of coverage in these areas has increased, the reality for financial institutions is that the ethical use of customer data has been a focus for some time. A good example is the ‘Principles of Reciprocity’, developed as a basis for sharing customer data with third-party providers in order to better undertake credit checks.
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