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Vineeta Saxena

Managing Director | Head of Data Strategy and Governance - Global Risk | BofA (ex-Goldman Sachs)

Vineeta Saxena is the Managing Director, Data Strategy and Management Executive, Global Risk Management (GRM) at Bank of America.1 She has over 23 years of experience in risk management within the financial sector.

Bank of America's DataConnect platform, which provides data management capabilities, was recognized as the "Best data management initiative" by the American Financial Technology Awards (AFTAs) in 2024.1 Saxena noted that DataConnect is transforming how Bank of America handles data, streamlining data ingestion, integrating metadata capture, embedding data quality monitoring, and providing efficient reporting capabilities, which enables data governance across systems for non-technical users.1 She also states that DataConnect exemplifies Bank of America's commitment to innovation and efficiency in data management, significantly enhancing their ability to serve clients and stakeholders.1

DataConnect addresses key challenges related to data processing transparency, integration of new data, data quality controls, and data volume processing.1 It incorporates a user interface that aligns processes, transforms and filters data with minimal coding requirements, using simple UI components available via drag-and-drop functionality.1 The platform is web-based and allows non-technical users to automate data-driven business processes.1 Bank of America is planning to expand the use of DataConnect across additional teams.1

Highlights

AFTAs 2024: Best data management initiative—Bank of America
Goldman Sachs' Managing Director Class Is Largest in Company ...

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Vineeta Saxena
Vineeta Saxena, photo 1
Vineeta Saxena, photo 2
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Location

New York, New York, United States