Business executives need quick access to accurate data to make good trading, risk management and compliance decisions; information technology executives want to lower their costs and improve operational efficiency. Neither set of goals is easily attainable when every application is connected to its own database supporting customized data models.
Applications and data can be integrated through hand-coding, replication or extract-transform-and-load approaches, but each comes with a time lag and doesn't always provide a consistent view of information.
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