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Governing Risk Data Aggregation and Risk Reporting

White Paper Published By: IBM
Published:  Oct 17, 2017
Type:  White Paper

Banks today are continuously challenged to meet rigorous regulatory requirements. They must implement strict governance programs that enable them to comply with a wide variety of regulations stemming from the financial crisis that began in 2007, including the DoddFrank Act, Basel Committee on Banking Supervision regulations, the General Data Protection Regulation (GDPR), the Revised Payment Services Directive (PSD2) and the revised Markets in Financial Instruments Directive (MiFID2).

Many of these new regulations are spurring banks to rethink how data from across the enterprise flows into the aggregated risk and capital reports required by regulatory agencies. Data must be complete, correct and consistent to maintain confidence in risk reports, capital reports and analytical analyses. At the same time, banks need ways to monetize, grant access to and generate insight from data

To keep pace with regulatory changes, many banks will need to reapportion their budgets to support the development of new systems and processes. Regulators continually indicate that the banks must be able to provide, secure and deliver high-quality information that is consistent and mature.

IBM® InfoSphere® Information Server can help banks keep up with the ever-changing regulatory landscape while also driving business value. Download this white paper to learn how this platform can help ensure  the use and dissemination of credible and governed information through a common data catalog that measures up to regulatory expectations and general business requirements

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