Whitepaper
Financial data management: The definitive guide for financial services
Data runs through all aspects of financial services organisations. Managing that data effectively is key to maximising its value and keeping operational costs low.
As UK regulators’ approach becomes increasingly data-driven, effectively managing data is now vital to ensuring compliance.
For example, the FCA now uses data to monitor firm failure risk and assess the effectiveness of sanctions screening. The PRA also emphasised the importance of data quality for regulatory reporting in a letter issued earlier this year.
Despite the growing importance of data, there are common obstacles currently stopping firms from achieving sound financial data management. These include:
Our guide to financial data management explains how your team can overcome these challenges and gain full control over your data.
Read the guide to learn about:
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