Northern Trust Adopts Hybrid Data Governance Model

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 Tnae > Bmtsvca`z £ 64>4 Icvrz Rng Ivngbcrbm Tnvzgevr Gmvz`evg Zvurz Njmtzr @sfvcj Jnzn Amyevgngbe Omjeh Gmvz`evg Zvurz Njmtzr @sfvcj Jnzn Amyevgngbe Omjeh Ferz buhzuvnh ngj zeb`gcbnh icz imv yezevng icgngbcnh revycber tvmycjev Gmvz`evg Zvurz qnr imugjej cg >003 ngj `nr myev *550 fchhcmg cg nrrezr ugjev ongnaeoegz nbvmrr z`ecv cgyerzoegz ongnaeoegz nrrez ngj iugj njocgcrzvnzcmg icjubcnvs ngj fngkcga rmhuzcmgr imv bmvtmvnzcmgr ngj cgjcycjunhr qmvhjqcje' Z`e bmotngs qnr bmooczzej zm njyngbcga z`ecv jnzn ongnaeoegz rzvnzeas cg mvjev zm mtzcoc|e bhcegz ngj nbbmugz jnzn ongnaeoegz' Jertcze `nycga onje rcagcicbngz tvmaverr cg jnzn ~unhczs Gmvz`evg Zvurz hmmkej zm n tnvzgev zm `eht jeznch ng egzevtvcre jnzn amyevgngbe omjeh mge z`nz qnr znchmvej zm z`ecv furcgerr ngj bmuhj heyevnae cgjurzvs ferz tvnbzcber' Icvrz Rng Ivngbcrbm Tnvzgevr (IRIT# qmvkej qcz` Gmvz`evg Zvurz zm imvouhnze n jnzn amyevgngbe rzvnzeas ngj vmnjont ferz ruczej zm z`e bmotngs–r furcgerr nbvmrr czr tevrmgnh ngj bmvtmvnze hcger mi furcgerr' Qcz`cg n r`mvz eheyeg (>># qeek zcoe tevcmj IRIT bmgjubzej jnzn ~unhczs nvb`czebzuve ngj jnzn amyevgngbe nrrerroegzr cg mvjev zm jeyehmt ng eiiebzcye jnzn amyevgngbe rzvnzeas' Cg ruttmvz mi z`cr rzvnzeas n znchmvej jnzn amyevgngbe vmnjont qnr bvenzej imv Gmvz`evg Zvurz qcz` n jeznchej thng mi `mq zm cotheoegz jnzn amyevgngbe qcz`cg z`ecv bmothep jnzn egycvmgoegz' Gmq Gmvz`evg Zvurz `nr nbbehevnzej z`e omoegzuo ngj bmgicjegbe ve~ucvej zm cotheoegz czr jnzn ongnaeoegz cgczcnzcyer `nycga rebuvej bvczcbnh fus/cg nomga furcgerr mqgevr ngj jeicgej n `sfvcj jnzn amyevgngbe omjeh zm njjverr z`ecv egzevtvcre jnzn ongnaeoegz ve~ucveoegzr ngj jehcyev oenruvnfhe furcgerr ynhue' Bhcegz Jnzn Ongnaeoegz Mttmvzugczcer Z`e bmotngs qnr qehh nqnve `mq tmmv bhcegz ngj nbbmugz jnzn ongnaeoegz tvmberrer bmofcgej qcz` n hnbk mi jnzn amyevgngbe tmhcbcer ngj tvmbejuver bmuhj cotnbz z`e furcgerr' Jnzn bhengrcga ngj veoejcnzcmg tvmberrer qeve cg thnbe fuz mizeg bmgruocga ngj bmrzhs' Bhcegz jnzn jeicgczcmgr jciievej nbvmrr hcger mi furcgerr' Bhcegz ngj nbbmugz jnzn qeve rm ymhuocgmur jcrtevrej ngj bmgrzngzhs b`ngacga cz bvenzej n b`nhhegae imv CZ zm cotheoegz ugcimvo rzngjnvjr' Gmvz`evg Zvurz rtenv`enjej z`e Bhcegz ngj Nbbmugz Jnzn Rzvnzeas (BNJR# Tvmavno zm iuvz`ev n buhzuve q`eve jnzn cr vebmagc|ej nr n bmvtmvnze nrrez erregzcnh zm eiiebzcyehs ongnae burzmoev vehnzcmgr`ctr ongnae vcrk cgbvenre eiicbcegbs ngj bmgzvcfuze zm z`e bmotngs–r rzvnzeacb mflebzcyer' Mge mi z`e iugjnoegznh tvmavno mflebzcyer qnr zm fezzev cgymhye furcgerr rznke`mhjevr zm `eht oncgzncg jnzn ~unhczs fs `nycga z`eo znke mqgevr`ct ngj nbbmugznfchczs imv jnzn nr n bmvtmvnze nrrez' ‘ N `sfvcj jnzn amyevgngbe omjeh ugc~uehs nbbmoomjnzer Gmvz`evg Zvurz–r furcgerr omjeh qcz` jcrzcgbz hcger mi furcgerr `nycga z`ecv mqg furcgerr/ jvcyeg bhcegz jnzn geejr ngj ruttmvzr bmhhnfmvnzcmg nbvmrr z`e egzevtvcre'Jnycj Fnches( Jcvebzmv mi Tvmjubz Ongnaeoegz

Transcript of Northern Trust Adopts Hybrid Data Governance Model

8/9/2019 Northern Trust Adopts Hybrid Data Governance Model

http://slidepdf.com/reader/full/northern-trust-adopts-hybrid-data-governance-model 1/3

Tnae >Bmtsvca`z £ 64>4 Icvrz Rng Ivngbcrbm Tnvzgevr ‒ Gmvz`evg Zvurz Njmtzr @sfvcj Jnzn Amyevgngbe Omjeh

Gmvz`evg Zvurz Njmtzr @sfvcj JnznAmyevgngbe OmjehFerz buhzuvnh ngj zeb`gcbnh icz imv yezevng icgngbcnh revycber tvmycjev 

Gmvz`evg Zvurz qnr imugjej cg >003 ngj `nr myev *550 fchhcmg cg nrrezr ugjev ongnaeoegz nbvmrr z`ecv cgyerzoegz ongnaeoegz nrrez ngj iugjnjocgcrzvnzcmg icjubcnvs ngj fngkcga rmhuzcmgr imv bmvtmvnzcmgr ngj cgjcycjunhrqmvhjqcje' Z`e bmotngs qnr bmooczzej zm njyngbcga z`ecv jnzn ongnaeoegzrzvnzeas cg mvjev zm mtzcoc|e bhcegz ngj nbbmugz jnzn ongnaeoegz' Jertcze`nycga onje rcagcicbngz tvmaverr cg jnzn ~unhczs Gmvz`evg Zvurz hmmkej zm ntnvzgev zm `eht jeznch ng egzevtvcre jnzn amyevgngbe omjeh ‒ mge z`nz qnrznchmvej zm z`ecv furcgerr ngj bmuhj heyevnae cgjurzvs ferz tvnbzcber'

Icvrz Rng Ivngbcrbm Tnvzgevr (IRIT# qmvkej qcz` Gmvz`evg Zvurz zm imvouhnze njnzn amyevgngbe rzvnzeas ngj vmnjont ferz ruczej zm z`e bmotngs–r furcgerrnbvmrr czr tevrmgnh ngj bmvtmvnze hcger mi furcgerr' Qcz`cg n r`mvz eheyeg (>>#qeek zcoe tevcmj IRIT bmgjubzej jnzn ~unhczs nvb`czebzuve ngj jnznamyevgngbe nrrerroegzr cg mvjev zm jeyehmt ng eiiebzcye jnzn amyevgngberzvnzeas'

Cg ruttmvz mi z`cr rzvnzeas n znchmvej jnzn amyevgngbe vmnjont qnr bvenzej imv Gmvz`evg Zvurz qcz` n jeznchej thng mi `mq zm cotheoegz jnzn amyevgngbe qcz`cgz`ecv bmothep jnzn egycvmgoegz' Gmq Gmvz`evg Zvurz `nr nbbehevnzej z`eomoegzuo ngj bmgicjegbe ve~ucvej zm cotheoegz czr jnzn ongnaeoegzcgczcnzcyer ‒ `nycga rebuvej bvczcbnh fus/cg nomga furcgerr mqgevr ngj jeicgej n`sfvcj jnzn amyevgngbe omjeh zm njjverr z`ecv egzevtvcre jnzn ongnaeoegz

ve~ucveoegzr ngj jehcyev oenruvnfhe furcgerr ynhue'

Bhcegz Jnzn Ongnaeoegz MttmvzugczcerZ`e bmotngs qnr qehh nqnve `mq tmmv bhcegz ngj nbbmugz jnzn ongnaeoegztvmberrer bmofcgej qcz` n hnbk mi jnzn amyevgngbe tmhcbcer ngj tvmbejuverbmuhj cotnbz z`e furcgerr' Jnzn bhengrcga ngj veoejcnzcmg tvmberrer qeve cgthnbe fuz mizeg bmgruocga ngj bmrzhs' Bhcegz jnzn jeicgczcmgr jciievej nbvmrrhcger mi furcgerr' Bhcegz ngj nbbmugz jnzn qeve rm ymhuocgmur jcrtevrej ngjbmgrzngzhs b`ngacga cz bvenzej n b`nhhegae imv CZ zm cotheoegz ugcimvo rzngjnvjr'

Gmvz`evg Zvurz rtenv`enjej z`e Bhcegz ngj Nbbmugz Jnzn Rzvnzeas (BNJR#Tvmavno zm iuvz`ev n buhzuve q`eve jnzn cr vebmagc|ej nr n bmvtmvnze nrrez

erregzcnh zm eiiebzcyehs ongnae burzmoev vehnzcmgr`ctr ongnae vcrk cgbvenreeiicbcegbs ngj bmgzvcfuze zm z`e bmotngs–r rzvnzeacb mflebzcyer' Mge mi z`eiugjnoegznh tvmavno mflebzcyer qnr zm fezzev cgymhye furcgerr rznke`mhjevr zm`eht oncgzncg jnzn ~unhczs fs `nycga z`eo znke mqgevr`ct ngj nbbmugznfchczs imv jnzn nr n bmvtmvnze nrrez'

‘ N `sfvcj jnzn amyevgngbe

omjeh ugc~uehs

nbbmoomjnzer Gmvz`evg

Zvurz–r furcgerr omjeh ‒ qcz`

jcrzcgbz hcger mi furcgerr

`nycga z`ecv mqg furcgerr/

jvcyeg bhcegz jnzn geejr ‒ ngj

ruttmvzr bmhhnfmvnzcmg nbvmrr

z`e egzevtvcre'‟

Jnycj Fnches( Jcvebzmv mi Tvmjubz Ongnaeoegz

8/9/2019 Northern Trust Adopts Hybrid Data Governance Model

http://slidepdf.com/reader/full/northern-trust-adopts-hybrid-data-governance-model 2/3

Tnae 6Bmtsvca`z £ 64>4 Icvrz Rng Ivngbcrbm Tnvzgevr ‒ Gmvz`evg Zvurz Njmtzr @sfvcj Jnzn Amyevgngbe Omjeh

Rtebcicbnhhs z`e tvmavno `nj z`e ongjnze zm<

… Cotvmye jnzn ~unhczs nbvmrr z`e egzevtvcre… Nbbehevnze rteej mi jehcyevs imv bhcegz cgzevnbzcmgr

… Rzvenohcge jnzn ongnaeoegz tvmberrer

@mqeyev cz qnr gmz eycjegz q`eve zm rznvz mv `mq ferz zm nttvmnb` z`eremflebzcyer acyeg z`e bmothep zeb`gcbnh ngj mvangc|nzcmgnh crruer z`nz `nj zm fenbbmoomjnzej' Gmvz`evg Zvurz zuvgej zm z`e jnzn amyevgngbe eptevzr nz IRITzm `eht'

Jnzn ngj Nvb`czebzuve NrrerroegzrGmvz`evg Zvurz–r jnzn ongnaeoegz egycvmgoegz cr zstcbnh mi mz`ev bmothep

jcyevrcicej bmvtmvnzcmgr qcz` n hmga ̀ crzmvs mi burzmoev revycbe' Z`e bmotngs–romve z`ng zqegzs (64# tvconvs bhcegz jnzn rmuvber ‒ ivmo ntthcbnzcmg rsrzeorngj jnzn qnve`murer nbvmrr jcyevrcicej hcger mi furcgerr ‒ bvenzej reyevnh jnznongnaeoegz b`nhhegaer'

Jnzn bhengrcga zmmk thnbe nz ouhzcthe rmuvber onkcga cz jciicbuhz ngj bmrzhs zmnaaveanze bhcegz jnzn ngj rutths vehcnfhe bheng jnzn zm jmqgrzveno rsrzeor'Ongunh jnzn juthcbnzcmg ngj bhengrcga eiimvzr qeve vejugjngz ngj znpcga mgvermuvber ‒ nr oub` nr 94% mi z`e bmrz ngj eiimvz zm jethms geq ntthcbnzcmgrqnr rtegz mg jnzn/vehnzej qmvk'

Tmcgz zm tmcgz jnzn cgzeavnzcmg qnr tnvzcnhhs cg thnbe `nycga feeg jeyehmtej mgng nr geejej fnrcr' Omvemyev z`e jcrzvcfuzej gnzuve mi bhcegz jnzn mizeg veruhzejcg mge/mii vetmvzcga ngj bmgrmhcjnzcmg tvmberrer zm fe jeyehmtej qcz`cg enb`furcgerr ugcz'

Rmoe jnzn amyevgngbe tmhcbcer ngj tvmbejuver qeve cg thnbe; `mqeyev enb`hcge mi furcgerr `nj z`ecv mqg bhcegz ngj nbbmugz jnzn jeicgczcmgr nhmga qcz`jciievegz ure bnrer ‒ enb` qcz` z`ecv mqg yceq mi z`e burzmoev ruczej zm z`ecv furcgerr ve~ucveoegzr' Enb` furcgerr mqgev z`mua`z nfmuz bhcegz jnzn ivmoz`ecv urnae ngj ntthcbnzcmgr yceqtmcgz ngj enb` ntthcbnzcmg zeno tveruoejmqgevr`ct ngj vertmgrcfchczs imv bhcegz jnzn'

Z`ere zstcbnh heanbs jnzn ongnaeoegz b`nhhegaer oengz z`nz cz qnr jciicbuhz ngjbmrzhs zm rutths vehcnfhe nbbuvnze bhcegz jnzn cg n onggev z`nz qmuhj rnzcrisfurcgerr ve~ucveoegzr nbvmrr z`e egzevtvcre'

Ferz Icz< @sfvcj Jnzn Amyevgngbe OmjehMge mi z`e fcaaerz b`nhhegaer bmgbevgcga jnzn amyevgngbe cr onkcga cz qmvk cghnvae bmothep mvangc|nzcmgr qcz` jcrzcgbz hcger mi furcgerr enb` qcz` z`ecv mqgfurcgerr/jvcyeg bhcegz jnzn geejr' Amyevgngbe fs czr yevs gnzuve eot`nrc|er nbegzvnhc|nzcmg mi tmhcbcer tvmberrer ngj temthe'

8/9/2019 Northern Trust Adopts Hybrid Data Governance Model

http://slidepdf.com/reader/full/northern-trust-adopts-hybrid-data-governance-model 3/3

Tnae 2Bmtsvca`z £ 64>4 Icvrz Rng Ivngbcrbm Tnvzgevr ‒ Gmvz`evg Zvurz Njmtzr @sfvcj Jnzn Amyevgngbe Omjeh

Nr n veruhz ongs bmotngcer egj ut ongnacga jnzn cg n hnvaehs jebegzvnhc|ejinr`cmg q`cb` oengr z`es bnggmz vent z`e iuhh fegeiczr mi ng egzevtvcrenttvmnb`' N rebmgjnvs fuz gmz herr cotmvzngz jnzn amyevgngbe b`nhhegae cr

iczzcga qcz`cg z`e bmvtmvnze buhzuve'

IRIT eofnvkej utmg n bmotve`egrcye eganaeoegz qcz` Gmvz`evg Zvurz z`nzcgbhujej bmgjubzcga jnzn ~unhczs nvb`czebzuve ngj jnzn amyevgngbe nrrerroegzr'Cg njjczcmg zm n zeb`gcbnh ngj nvb`czebzuvnh vmnjont zm cotvmye jnzn ~unhczs z`emuzbmoe mi z`ere eiimvzr qnr n tvmtmrej jnzn amyevgngbe omjeh z`nz cr gecz`ev tuvehs begzvnhc|ej gmv jebegzvnhc|ej / n `sfvcj jnzn amyevgngbe omjeh'

Z`e begzvnhc|ej bmotmgegz cr n rcgahe bhcegz ngj nbbmugz jnzn amyevgngbebmugbch ngj n rcgahe &Miicbe mi Jnzn Amyevgngbe& zm ongnae nhh bhcegz jnzn' Z`ebmugbch cr bvmrr/iugbzcmgnh ngj bmotvcrej mi vetveregznzcyer ivmo nbvmrr z`emvangc|nzcmg' Z`e &Miicbe mi Jnzn Amyevgngbe& cr onje ut mi z`e jnznamyevgngbe furcgerr henj zeb`gmhmas henj ngj n tvmlebz ongnaev' Z`cr avmut`nr tvconvs vertmgrcfchczs imv vebmooegjcga ngj ancgcga nttvmynhr imv tmhcbcerngj tvmberrer ngj vmhhcga z`eo muz nbvmrr z`e mvangc|nzcmg' Z`es nhrm ongnaebmoougcbnzcmgr zvncgcga ngj vetmvzcga aezzcga nttvmynh imv ngj nhhmbnzcgaiugjcga ngj erbnhnzcga crruer nr geberrnvs zm egruve jnzn cr ongnaejbmgrcrzegzhs nbvmrr z`e egzevtvcre'

Z`e jebegzvnhc|ej nrtebz mi z`e omjeh cr z`nz nhh jnzn ongnaeoegz nbzcyczcerveoncg cg z`e cgjcycjunh hcger mi furcgerr' Z`e jnzn rzeqnvjr ngj oeofevr mi z`eqmvkcga bmooczzee z`mre znrkej qcz` ongnacga z`e jnzn veoncg cg z`ecv vertebzcye furcgerr ugczr q`che epebuzcga fnrej mg z`e tmhcbcer ngj tvmberrernttvmyej fs z`e begzvnhc|ej jnzn amyevgngbe bmugbch'

Cg njjczcmg n bmoougcbnzcmg ivnoeqmvk ngj thng qnr njmtzej cg mvjev zmegruve z`e `sfvcj omjeh–r rubberr ngj z`nz tvmavno omoegzuo cr rurzncgej'

Z`e bmoougcbnzcmg ivnoeqmvk qnr cgzegzcmgnhhs onje zm fe fc/jcvebzcmgnhive~uegz ngj nttvmtvcnze zm z`e vebctcegzr' Bmoougcbnzcga z`e cotmvzngbe mi jnzn amyevgngbe nbvmrr hcger mi furcgerr ngj cgrzczuzcga z`e bmoougcbnzcmgrivnoeqmvk rebuvej fus/cg nomga furcgerr ugczr'

Bmoougcbnzcmg ngj Bmgicjegbe Iuehr OmoegzuoZ`e rbmte mi eiimvz ve~ucvej zm ancg bmvtmvnze nhcagoegz qcz` jethmscga jnznamyevgngbe cr rcagcicbngz ngj IRIT ‐r oez`mjmhmas qnr nfhe zm bhenvhs cjegzcisihna ngj oejcnze z`e bvczcbnh zeb`gcbnh ngj mvangc|nzcmgnh crruer' Z`e `sfvcj jnznamyevgngbe omjeh cg tnvzcbuhnv ugc~uehs vebmagc|er ngj nbbmoomjnzer z`ejcyevrcicej hcger mi furcgerr ngj z`ecv ynvcej furcgerr tvmberrer ngj bhcegz jnznve~ucveoegzr ‒ q`che nhhmqcga imv n bmhhnfmvnzcye tvmberr ‒ ngj z`nz cr epnbzhsq`nz Gmvz`evg Zvurz–r buhzuve cr nfmuz.

Gmvz`evg Zvurz cr fezzev e~ucttej zm tvmaverr czr jnzn ongnaeoegz cgczcnzcyer qcz`bmgicjegbe `nycga nhvenjs imvoej z`e henj zeb`gcbnh ngj furcgerr zenor ngjjnzn amyevgngbe rzeevcga ngj qmvkcga bmooczzeer' Gmq z`e bmotngs ̀ nrnbbehevnzej omoegzuo zm naaverrcyehs tuvrue czr jnzn ongnaeoegz ongjnzeqcz` czr furcgerr rznke`mhjevr iuhhs bmooczzej zm jnzn ~unhczs'

Imv omve cgimvonzcmg thenre ycrcz 

qqq'icvrzrngivngbcrbmtnvzgevr'bmo

mv bnhh >/044/9>6/3013