Going Green With Your Data – Achieving Cross-Report Reconciliation arises from AxiomSL’s more than 25 years of industry experience working with global financial institutions on regulatory reporting and its deep understanding of the evolution of regulatory reporting data. The idea of “green” data stems from recognizing the broadening and thickening interconnectedness between regulatory reporting requirements and underlying datasets. As requirements grow in terms of vastness and granularity, and as financial institutions grapple with the regulatory impacts of COVID-19, it is imperative that they develop a better view of dataset commonalities and approaches that will help them achieve sustainable green data and cross-report reconciliation.
In this edition of the SLE series, AxiomSL describes the interconnection challenge and introduces sustainable green data best practices.