Enterprise Data Management, 2010 Edition
The global regulatory community has become increasingly aware of the data management challenge within financial institutions, as it struggles with its own challenge of better tracking systemic risk across financial markets. The US regulator in particular is seemingly keen to kick off a standardisation process and also wants the regulatory community to begin collecting additional data in order to better supervise systemically important financial institutions.
So, data is definitely on the regulatory radar and the Fed itself has been investing in its data infrastructure, including adding ex-Citi chief data officer (CDO) John Bottega to its ranks. If data collection and aggregation is required for regulatory reporting purposes then surely enterprise data management (EDM) is an obvious part of that endeavour?
Find out more in this special report.
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