Data, analytics and technology: Strategic enablers for the CIO - As in every other business sector, financial services companies are having to respond to rapid and transformational developments in data, information and technology. Taking advantage of these developments requires fresh approaches to systems, processes and governance. Improving the alignment between the data and information systems relied on by internal management and external regulators is fundamental. We believe the articles in this issue should help illuminate some of the directions for future development.
By consolidating risk data management, banks can generate more accurate, timely risk reports, to improve decision-making and meet regulatory demands.