Share with your friends

Data insights: Regulation's silver lining

Data insights: Regulation's silver lining


Related content

data insights: regulation's silver lining

Turn the pages of virtually any major financial-services regulatory document, and the word "data" features highly. Banks, capital markets and other institutions are tasked with collecting, calculating and submitting hundreds of thousands, and possibly milllions, of data points a month to regulators, with serious consequences for any errors or misleading conclusions.

Not ony must reports be accurate, comprehensive and in a specified format, but, increasingly, regulators are demanding evidence of the source, or "traceability", of the data to verify its credibility. Satisfying these various requirements is a major headache, especially for those organizations with complex structures and disparate systems, where data is typically stored in a range of formats and must be pulled together manually.

Download full article here

© 2020 R.G. Manabat & Co., a Philippine partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

Connect with us