The Millennium Alliance
Data Governance and Modernization Initiatives Overview
Pages
2
Time to read
3 mins
Publication
Language
English
Pages
2
Time to read
3 mins
Publication
Language
English
This document is a report detailing the key departmental objectives and initiatives for the upcoming 6 to 12 months within UBS's data and technology sectors. It outlines a focus on data governance and democratization, data science use cases, machine learning operations (ML OPS), consumer and digital analytics, as well as cloud-based testing and scalable platforms. The report specifies the current technology stack utilized, which includes Azure, Denodo, and Databricks, and mentions a total budget range of $50 to $150 million for the next year, with a specific project budget of $15 million. Additionally, it identifies anticipated non-budgetary challenges, particularly in talent acquisition. The document also highlights strategic technology needs, emphasizing the importance of building enterprise data lakes, optimizing data governance, and integrating advanced analytics, among other priorities. The timeline for implementation is marked as ongoing, indicating a continuous effort in these areas.