Tech-Mature Regulations: Preparing Financial Institutions for the Future
Ensure infrastructure readiness
New reporting rules may demand identifying and categorizing new data, calculating granular risk data, and incorporating fresh supply chain data for third-party or ESG compliance.
Ensure empowering data architecture is in place
Ensure financial institutions have architectural support for APIs enabling data exchange, integrate with legacy systems, use low-code platforms for business customizations. Choose and integrate modern API-based products from reg tech providers into legacy systems.
Leverage platforms and tools
Streamline data processes in lineage, ETL, common platforms, and regulatory intelligence to ease operational tasks, enhance insights, and optimize reporting.