European financial services industry struggling with lack of data skills

Nearly 40 percent of financial services businesses are failing to implement data initiatives due to a lack of skills, with almost a third saying that their GDPR initiatives are failing, according to a new study. The report produced by Vanson Bourne for analytics database company Exasol is based on responses from 500 IT and business decision makers, from enterprises in Germany and the UK. It also reveals 75 percent of financial services enterprises admit that their operations and decision making would be severely disrupted on a day-to-day basis if they didn't have access to data. Worryingly, just over a third say… [Continue Reading]