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Tech visionMarch 1 2021

Bank of Singapore fortifies its data foundations

The private banking institution’s chief data and innovation officer outlines its data strategy, including employee upskilling and deploying predictive tools like AI and machine learning.
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Bank of Singapore fortifies its data foundations

When Celine Le Cotonnec joined OCBC’s private banking arm, Bank of Singapore, early last year in the newly created role of chief data and innovation officer, her main objectives were to strengthen the three pillars of the bank’s data strategy: platform, people and governance.

“The first stage for a new chief data officer in any organisation is to understand the data use cases and users’ pain points. Once these are identified, you can start discussing the technology platform, the skills needed within the organisation and the enforcement of data governance, and so on,” she says.

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Joy Macknight is the editor of The Banker. She joined the publication in 2015 as transaction banking and technology editor. Previously, she was features editor at Profit & Loss, editorial director at Treasury Today and editor at gtnews. She also worked as a staff writer on Banking Technology and IBM Computer Today, as well as a freelancer on Computer Weekly. She has a BSc from the University of Victoria, Canada.
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