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RegTech Insight White Papers

Data integrity: Your key to confidence in a complex regulatory environment

Despite the recent challenges of the Covid pandemic, regulators have made it clear that they will not accept reporting errors, particularly those that are related to data. Enforcement is more stringent, scrutiny is more in-depth, and the pressure is on to ensure – and demonstrate – that the data underpinning your reporting and activities is complete, timely and accurate.

The financial penalties of noncompliance can be eye watering, and reputational damage significant, but ensuring that you are reporting based on high quality, accurate data is far from straightforward. Data is stored across multiple repositories, making it easy to miss key elements. Different jurisdictions require different data fields, creating complexity which leads to duplication of effort and unnecessary costs.

Confidence in your data and controls, reliable regulatory reporting, and reduced costs, can all be achieved through enhanced data integrity.

Download the white paper to learn more about:

  • Regulatory expectations around data integrity: What are the latest developments and what should you be preparing for now?
  • Tackling data silos and legacy technology challenges
  • Overcoming practical barriers to enhance the integrity of your data
  • Implications of Consolidated Audit Trail (CAT), MAS OTC Derivatives Reporting Update, EMIR REFIT and more for your data
  • Case study: How a global bank addressed its data challenges to achieve accurate, timely and cost-efficient regulatory reporting