Banks and capital markets both face unprecedented amounts of regulatory oversight to accurately measure risk and allocate appropriate levels of capital to offset potential losses from all types of risk while, at the same time, enhancing transparency.
Compliance—with MiFID II or BCBS 239, for example—requires the right data. Unfortunately, years of industry consolidation, IT complexity, hand-coded processes, and inadequate data management have resulted in incomplete, outdated, invalid, and inaccurate data sitting in siloes of the business. Without quality data to inform decisions, financial institutions face increased miscalculation of risk and capital allocations, further noncompliance with regulations, and a lack of transparency.
Informatica provides a comprehensive, integrated, scalable, and proven platform to integrate, manage, govern, and leverage data to improve ongoing risk management and compliance in today’s global banking industry. Our solutions enable financial institutions to: