Overview
Global standards such as BCBS 239, General Data Protection Regulation (GDPR) or US Federal Reserve CFO Attestation require banks to be accountable for their datasets and strengthen their risk data aggregation capabilities and risk reporting practices. Bank executives responsible for submitting reports and attesting to the numbers and positions need to trust their governance process in order to confidently sign off those reports. The person responsible for reporting should have confidence that the numbers and positions are correct.
Key Features
- Provides comprehensive traceability/lineageon how the dataflows upstream and downstream
- Demonstrates how changes impact thedata throughout the entire process
- Automates complex workflow process enabling usersto review results andensure accuracy
- Ability to identify critical data elements for organizations to build best practices
Key Benefits
- Data-lineage tool captures and documents data flows andbusiness logic from the point of data entry tothe final report
- Empower the “business user” to make critical decisionswith trust and confidence in information
- Enhance collaboration across all business functions and it
- Reduce cycles spent across teams validating data accuracy
- Understand quicklywhere information originates and improve data governance
- Become BCBS 239 compliant quickly and cost effectively without disrupting firms’ existing infrastructure
- The data tracer allows for the tracking ofdata through the lineage viewer expandingon current metadata functionality
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