Sameli Mäenpää (Chief Data Officer at OP Financial Group)On this episode of The Data Storytellers podcast, we delve into the transformative role of data in revolutionizing financial services. Our guest, Sameli Mäenpää, a seasoned Chief Data Officer, shares his extensive experience in enhancing business strategies through data analytics within the financial sector. We explore the critical aspects of developing a robust data-driven culture that not only complies with regulatory standards but also significantly enhances customer service and business efficiency. Throughout our discussion, the focus remains on practical approaches to leveraging data for competitive advantage, the importance of data governance, and the ethical implications of data utilization in finance.Connect with us:• Website: https://thedatastorytellers.com/• LinkedIn: https://www.linkedin.com/company/the-data-storytellers• Spotify: https://open.spotify.com/show/2N0vZtHZHgod4Tll2LX2xa• YouTube: https://www.youtube.com/channel/UCz9e56lhYUfORiOHMiLlPmA• Apple Podcast: https://podcasts.apple.com/gb/podcast/the-data-storytellers-podcast/id149376647600:08 - Introduction and background of Sameli Maenpaa00:52 - Starting the journey towards data integration in financial services05:13 - The transformation of data analytics over the decades10:17 - Detailed discussion on the concept of a data balance sheet14:07 - Strategies for effectively communicating data's value internally and externally19:47 - The business implications of data ownership and operational challenges23:35 - The role of data as a currency in modern business practices28:47 - Techniques for effective communication and influence in data management34:52 - Future challenges and opportunities in leveraging data within the financial sector37:50 - Closing thoughts on the evolution of data analytics in business