Authored on: Jan 27, 2012
The still-evolving regulatory requirements stemming from the Dodd-Frank Act are adding a new layer of complexity � and uncertainty � to the information management challenges financial services organizations must face. Ongoing competitive pressures, increasingly complex financial services offerings, aging legacy systems, and industry consolidation only add to the challenge.
This valuable free briefing paper outlines a proven, effective approach for addressing these issues. The paper, �Enterprisewide Information Management: Powerful New Strategies Enable Financial Institutions to Turn Data Into Effective Information,� describes 13 specific, vendor-neutral strategies that a number of financial institutions are already employing to address urgent data issues. It also identifies the four fundamental characteristics you should look for when evaluating your own information management initiatives.
For anyone with ownership of systems (line of business or IT) related to credit, risk, regulatory compliance, retail or commercial banking, data warehousing, finance, marketing, operations, or audit, this paper offers valuable insights into how successful organizations are meeting the coming challenges � and positioning themselves for long-term sustainable growth � by taking an enterprisewide view of information management.