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In the world of regulatory reporting requirements, control risks lurk at every step — from data ingestion, enrichment and validation to sign-off and report submission. The pace of regulatory change incited by recent global economic and market disruptions heightens data and process risks no matter what kind of reporting is involved: financial, statistical, liquidity, capital and credit risk, tax, shareholding disclosures, or trade and transaction.
Revealing the risks inherent in regulatory reporting is mission-critical so that financial institutions can strongly control them in their risk and regulatory reporting systems.
Learn about establishing a best practice control framework to efficiently and transparently manage regulatory data and process risks.