Compliance initiatives require your data be traceable - you need to know where it originated, whether it was cleansed, what calculations were performed, and when it was refreshed.
To meet stringent legal and regulatory requirements - such as Sarbanes-Oxley and the Bank Secrecy Act - you need to establish controls to monitor data processes and produce accurate compliance reports on business activity.
Business Objects Information Management solutions can help.
Interdiction list processing
Automatically match your data against government or association watchlists to uncover matches, suspicious transactions, or hidden relationships.
Data Quality
Ensure data is accurate and get a single view of your data for better monitoring and decision-making.
Metadata Management
Ensure that data carries consistent and unambiguous meaning with it everywhere it goes.
Data Lineage
Step up to compliance requirements by tracking the original source of data and any modifications that affect it.
"Most compliance initiatives rely on one thing - data. My experience has shown that institutions are inadvertently playing "compliance roulette" - assuming their data is accurate or at least accurate enough to pass muster. The cost of not ensuring data quality in compliance can be anywhere from bad publicity and de-listing of the company to heavy financial penalties or criminal prosecution."
Mike Ferguson, lead analyst and managing director,
Intelligent Business Strategies
Resources
- White paper
Enterprise Compliance: Do You Trust Your Data Enough to Tell it to a Judge?
- PDF 476KB - Product sheet
BusinessObjects Watchlist Security XI
- PDF 296KB - Product sheet
BusinessObjects Metadata Manager
- PDF 184KB