Data Management – From Compliance to Value
Organizations of all kinds are being hit by a number of compliance initiatives. Compliance is costly business but needs to be done to stay in business. Companies are searching for ways in to turn compliance costs into investments that generate business value. One key approach is through leveraging investment in data infrastructure.
This talk will address some of the elements of this infrastructure:
- Common master files, e.g. client master and securities master
- Single version of the truth for reconciliation purposes
- Timeliness and completeness of data
- Information auditability
- Benchmarking the quality of the infrastructure against compliance and business needs
The theme will be how compliance can be an opportunity to fix data management in a manner which, if done right, can offer competitive advantage to financial and other organizations.
Dilip Krishna is Director of Teradata’s Enterprise Risk Management practice in North America. He and his team have consulted on enterprise risk management and Basel II initiatives with several U.S. financial corporations. He has had more than 15 years of experience in technology and business consulting in the financial industry and has managed large-scale projects including Basel II implementations. He has authored numerous articles about risk data architecture and implementations and has also spoken about the topic in diverse settings. He has engineering degrees from the Ohio State University and the Indian Institute of Technology as well as the CFA and FRM designations.