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Financial institutions have witnessed unprecedented regulatory changes over the past decade. An already challenging environment characterised by strict rules for data retention and discovery has now become even more complex with the growing focus on data privacy. These moving goalposts have forced banking and finance organisations to constantly re-evaluate and refine their strategies, even as threats such as cyberattacks and the increasing adoption of new technologies) make their challenges harder.
What’s clear though, is that data governance has never been so important and relevant to financial organisations. Most financial services companies have worked hard to ensure data compliance, with many putting their initial focus on structured data. But the second phase, getting unstructured data such as emails, voice files, text messages, video, chat and even Office documents in order is a far bigger and more daunting task.
How can financial services organisations get this insight without it getting in the way of their transformation projects? When trying to achieve agility, resiliency and performance, how can they also achieve compliance?
This white paper is designed to help Legal and Compliance, Information Technology, Permanent Control & Internal Audit and Data Protection professionals looking to meet regulatory and compliance requirements while improving governance and existing processes. It also offers advice on how to secure IT systems while driving greater agility and performance.