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Data Lineage is Reshaping Regulatory Reporting
Maveric Systems
Maveric Systems
Data Lineage is Reshaping Regulatory Reporting
Nov 10, 2023
Season 1
Episode 2
P Venkatesh, Phil Dutton
Since the 2007-08 market crashes, data lineage technologies are crucial to forewarn and create an environment where one prepares for the onrushing landscape changes. Listen to the podcast to
- The genesis of the importance of data lineage and the regulators’ shift from forbearance to penalties.
- Where do banks start and move across the vast range of regulatory reporting – front, middle, and back office?
- How can data lineage tech ease regulatory pressures for the banks to do more product innovations, increase profit margins, and reduce operating costs?
“Most past debacles, like the 2007-2008 crashes, happened because the available data wasn’t connected or trusted. Now, when the regulators feel that the FIs don’t have a good handle on their data or reporting, the industry needs to leverage data lineage to construct a well-architected sustainable ecosystem.”
~ Phil Dutton