Statistics from consultancy Aite Group indicate that 80 % of the world 's 50 top asset managers " now have a chief data officer in place " but they " tend to last just under two years on average " in the role . Such a turnover may be a result of too little operational or financial support . However , chief data officers in sell - side firms typically remain in their positions for longer , according to mark O'Shea , Aite Group 's research director , where data management is a more mature operation .
Statistics from consultancy Aite Group showed that 24% of the world's 50 top asset managers "now have a chief data officer in place" but they "tend to last just under two years on average" in the role. Such a turnover could be a result of too little operational or financial support. However, chief data officers in sell-side firms typically stay in their positions for longer, according to Virginie O'Shea, Aite Group's research director, where data management is a more mature operation.