Rob Lux

Data Governance at GMAC
GMAC Financial Services is an $18 billion dollar that is currently undergoing a major transformation after Cerberus Capital Management acquired a 51% interest in November 2006. The two sustaining elements to any financial services company are access to capital and access to accurate and timely information. Recognizing this GMAC has invested in an Enterprise Data Program to ensure that its data is managed as a strategic asset that can be utilized as a trusted source of information.
A key lever in this program is Data Governance. GMAC Mortgage has had an effective Data Governance program in place since 2003 and this program has been extended as GMAC has integrated its various divisions.
GMAC has utilized independent organizations such as the CIO Executive Board to benchmark itself and track results. The presentation will be show GMAC has achieved measurable gains in the area of Data Management.
This presentation will highlight the real-world successes and failures of GMAC's Data Management program. Topics will include:
· How to initiate a Data Governance program, potential roadblocks you can expect to encounter, and strategies for overcoming them
· The foundational elements of an Enterprise Data Strategy
· What role Data Governance, Data Stewardship, Data Services play in ensuring the success of an Enterprise Data Strategy
· How to structure a Data Services organization to deliver value
· How GMAC utilized people, processes, and technology to build a consolidated data repository for strategic data that is shared across the enterprise
Biography:
Rob is the Chief Technology Officer of GMAC ResCap. He has responsibility for all of GMAC ResCap’s Architecture and Infrastructure.
Mr. Lux has been at GMAC since 1998. Prior to GMAC, he held leadership positions with EDS, Reuters, and Globe Ticket. He also has held IT positions at the Philadelphia Stock Exchange and IBM.
He has a BS Degree from Drexel University, a Masters from the University of Pennsylvania/Wharton, is a Certified Mortgage Technologist (CMT), and holds a PMP certification from the Project Management Insititute.
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