Regulatory reform and data management: problems and benefits

open-data-concept

More stringent regulatory demands for reporting and transparency mean that data management has moved to the top of the priority list for bank compliance teams. But far from being a series of onerous boxes to tick, the change also represents a unique opportunity to change the way that data is perceived and to recognise the benefits of good data management as a distinct area.

The need for such regulation and internal governance is clear. When US energy trading firm Enron failed in 2001, it took

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