Banking on Quality Data (Inaugural address by Shri G. Padmanabhan, Executive Director, RBI at the Conference on Data Quality Management organised by the Indian Institute of Banking and Finance on October 18, 2013)

Banking on Quality Data (Inaugural address by Shri G. Padmanabhan, Executive Director, RBI at the Conference on Data Quality Management organised by the Indian Institute of Banking and Finance on October 18, 2013) https://www.taxtmi.com/news?id=11861 Banks must implement robust Data Quality Management to secure accurate, complete, consistent, auditable and timely data for decision making and regulatory reporting. Persistent single version-of the truth requires resolving disparate, duplicated and non standard data, preserving lineage and change history, and establishing clear enterprise governance assigning roles across business and technology. Regulatory frameworks place responsibility for risk critical data on institutions, making standardised reporting, automated end to end data flows and data stewardship essential to support risk calculations, macro prudential analysis and migration from reporting to analytics. en-us Fri, 18 Oct 2013 14:14:35 +0530 Fri, 18 Oct 2013 14:14:35 +0530 TaxTMI RSS Generator Banking on Quality Data (Inaugural address by Shri G. Padmanabhan, Executive Director, RBI at the Conference on Data Quality Management organised by the Indian Institute of Banking and Finance on October 18, 2013) https://www.taxtmi.com/news?id=11861 Banks must implement robust Data Quality Management to secure accurate, complete, consistent, auditable and timely data for decision making and regulatory reporting. Persistent single version-of the truth requires resolving disparate, duplicated and non standard data, preserving lineage and change history, and establishing clear enterprise governance assigning roles across business and technology. Regulatory frameworks place responsibility for risk critical data on institutions, making standardised reporting, automated end to end data flows and data stewardship essential to support risk calculations, macro prudential analysis and migration from reporting to analytics. News - Fri, 18 Oct 2013 14:14:35 +0530 https://www.taxtmi.com/news?id=11861