sponsored by IBM Software Group
Posted:  20 Jun 2007
Published:  01 Jun 2007
Format:  PDF
Length:  16  Page(s)
Type:  White Paper
Language:  English
Data quality has gained a lot of attention in the business press in relation to recent regulations and corporate governance requirements that mandate attention to improved corporate data quality. Unfortunately, most companies have been taking data quality for granted when it comes to effectively managing the business and preparing financial statements. Data quality issues can be costly. In fact, the Data Warehouse Institute estimates that data quality problems cost U.S. businesses more than $600 billion a year.

This paper reviews the main issues facing today's banks, as well as an approach to designing, implementing, managing and maintaining an effective data governance support structure - all while helping banks maintain compliance to government regulations.

Banking Industry | Business Performance Management | Compliance (Finance) | Corporate Governance | Data Governance | Data Integration | Data Quality | Data Warehouses | Financial Reporting

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