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

The Next Game Changers for Data Governance

Subscribe to our newsletter

By Dennis Slattery, CEO at EDMworks

Three seemingly unconnected pieces of legislation will fundamentally change the data management landscape over the next three years. They all have different causes, but their combined effect will be to enforce accountability for data, reinforce governance, underpin data architecture and mandate data quality management:

The General Data Protection Regulation (GDPR) changes the rules and accountabilities for security around personal data and transforms penalties for data breaches from “cost of doing business” to “bankrupting the business”

The Network and Information Security Directive (NISD) focuses on identification, registration and accountability for critical networks or systems. The scope covers financial, telecoms, utilities and other types of business. It is the European Union’s response to cyber terrorism.

On 7th March 2016, the Senior Manager and Certification Regime (SMCR) was implemented as a self-regulating framework for senior management accountabilities across the finance sector.  This provides the legislative structure for the PRA/FCA to demand individual accountability for and oversight of critical business functions. The NISD and GDPR will use this framework to ensure personal accountability for data assets across the organisation.

EDMworks Practitioner Network on 2nd June 2016

The EDMworks Data Practitioner Network (DPN) event on June 2nd addresses these issues and provides a collection of industry experts to explain the combined legislation, the potential impacts and discuss how organisations plan to address these challenges.

As with all DPN sessions, the purpose is to explore multiple perspectives on the subject to provide you with greater breadth and depth in order to help you develop your own specific strategies.

If you would like to find out more or register for the event please click the following link:

lms.edmworks.com/mod/page/view.php?id=757

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: An Agile Approach to Investment Management Platforms for Private Markets and the Total Portfolio View

Data and operations professionals at private market institutions face significant data and analytical challenges managing private assets data. With investors clamouring for advice and analysis of private markets in their search for returns, investment managers are looking at ways to gain a more meaningful view of risk and performance across all asset types held by...

BLOG

Global Regulators Turn Up Heat on Exaggerated AI Claims

Supervisors on both sides of the Atlantic are no longer content with soft warnings about artificial intelligence (AI) hype. From the United States Securities and Exchange Commission (SEC) to the United Kingdom’s Advertising Standards Authority (ASA), the direction of travel is clear: say what you do, do what you say – and prove it. Regulators...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London 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

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...