What Do Resolution Plans Say About Data Governance (Part 1)?
Close examination reveals that data governance plays an important role in financial firms' resolution plans, which are used to determine how a financial institution can unwind itself from a significant financial incident.
While the plans vary widely in their approach and level of specificity, the framework provided by the regulators requires each institution to provide a "Description of material management information systems" as a separate section of the public summary. This allows an interesting opportunity to find out how these firms are approaching complex issues like risk management, management reporting and data governance through the lens of planning for worst-case scenarios. ... Read full story on Wall Street & Technology
Post a comment to the original version of this story on Wall Street & Technology