sponsored by Siperian, Inc.
Posted:  20 Feb 2009
Published:  20 Feb 2009
Format:  PDF
Length:  9  Page(s)
Type:  White Paper
Language:  English
ABSTRACT:
The financial meltdown in the mortgage-backed securities industry has organizations across all sectors bracing for tighter regulations and increased compliance demands. It is unclear exactly what action these government agencies may take, but the widespread agreement that the crisis was exacerbated by lax regulations makes it clear that new compliance requirements will be implemented to ensure such a debacle does not happen again. Under these circumstances, how do organizations ensure compliance with stricter regulations and manage risk appropriately so the business does not slip into non-compliance resulting in severe consequences - negative publicity or punitive fines? Smart decision-makers, irrespective of the industry they are in, are now seeking technology investments to help establish good governance models that will in turn help with regulatory compliance and lower their operational risk. Master Data Management (MDM) is exactly this kind of investment. MDM ensures that critical enterprise data is validated as correct, consistent and complete when it is circulated for consumption by internal or external business processes, applications or users. But not all MDM technologies can address the various compliance requirements facing today's businesses. Only an integrated, model-driven, and flexible MDM platform that is easily configurable can provide the functionality required to meet compliance requirements and lower risk.



Author

Ravi Shankar
Senior Director of Product Marketing ,  Siperian, Inc.
Ravi Shankar is Senior Director of Product Marketing at Siperian, Inc., an innovative provider of the most flexible master data management platform.



BROWSE RELATED RESOURCES
Business Processes | Compliance (Finance) | Compliance Best Practices | Government Agencies (U.S.) | Gramm-Leach-Bliley Act | Master Data Management | Regulatory Compliance | Risk Management | Web Content Management

View All Resources sponsored by Siperian, Inc.

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