The result of this data management transformation is a modern, agile infrastructure that increases business efficiency and client returns. “The sources and volume of data for making investment decisions are steadily increasing, and this transformation of our data management platform will help us use data more efficiently,” said Chris Pham, SVP of data management and data science at Franklin Templeton. Pham is responsible for the investment management data environment at Franklin Templeton. This enables Franklin Templeton to lower operating costs, rapidly generate alpha, and optimize data sources, while also supporting new initiatives in Big Data, machine learning, and AI. Unlike many of its industry counterparts, Franklin Templeton has opted not to designate a role of a Chief Data Officer, though the firm has established data council, executive data, and data governance boards.

Source: Forbes March 13, 2019 22:29 UTC