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Data quality – the Achilles heel of an acquisition

Tom Scampion explains how institutions can reduce the operational risks associated with mergers and acquisitions if they support a strategic approach to customer and related data, rather than seeing data consolidation as a tactical ‘back-office’ problem

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One clear sign of a reviving global economy has been the recent increased rate of mergers and acquisition interest, particularly among banks and financial institutions.

At this year’s World Economic Forum in Davos, a survey of the leaders of the world’s financial services groups showed that 15% of respondents are considering a major merger, acquisition or disposal in 2004. The chief executive officer of one of Germany’s major banking groups, HVB Group, recently told a German stock market

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