About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

EDM Council Recommends DCAM for GDPR Compliance

Subscribe to our newsletter

If your organisation is still struggling with the data management aspects of compliance with General Data Protection Regulation (GDPR), which comes into force next week, a report from the EDM Council recommending the use of its Data Management Capability Assessment Model (DCAM) may be helpful.

The report, General Data Protection Regulation (GDPR): The Role of Data Management, was developed with 40 practitioners from 24 member firms, including 14 global systemically important banks (G-SIBS) and regional banks.

The report points out that, because the privacy function is executed across the enterprise wherever personal data is managed, compliance to GDPR is only achievable where a comprehensive data management framework is in place. The group concluded that using DCAM provides the structure and critical capabilities for supporting the data and data management requirements of GDPR compliance.

The EDM Council report, along with two supporting documents, GDPR Requirements Analysis Quick Reference Guide and GDPR Work Group Analysis Worksheet, are available online at www.edmcouncil.org.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Redefining Digital Regulatory Reporting with CDM & DRR

Regulatory reporting is evolving from static data submissions to dynamic, process-driven compliance. At the core of this shift are the Common Domain Model (CDM) and Digital Regulatory Reporting (DRR), which together define a shared, machine-executable framework for how financial transactions are represented and reported. By standardising both data and process, they enable a consistent interpretation...

EVENT

TEST Event page 1

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Reporting Handbook – First Edition

Welcome to the inaugural edition of A-Team Group’s Regulatory Reporting Handbook, a comprehensive guide to reporting obligations that must be fulfilled by financial institutions on a global basis. The handbook reviews not only the current state of play within the regulatory reporting space, but also looks ahead to identify how institutions should be preparing for...