At a glance
- Client
- A non-banking financial institutionName withheld for confidentiality
- Focus area
- Compliance
- Service
- Consulting
- Scope
- Governance framework, policies, tooling and remediation
The challenge
A regulatory review found that the institution could not show where key data came from, who owned it, or how its quality was controlled. Regulatory reports were assembled manually from spreadsheets.
The institution had a tight deadline to demonstrate improvement or face penalties.
Our approach
Identify critical data
We listed the data elements behind every regulatory report and traced their sources.
Assign ownership
Each critical data domain received a named business owner and data steward.
Put controls in place
Quality checks, access rules and change controls were defined and automated where possible.
Prove it
Lineage documentation and control evidence were prepared for the regulator.
The solution
The institution now has a working data governance framework with clear owners, documented lineage and automated quality checks on the data behind its regulatory reports.
It can answer the regulator's questions with evidence, and reporting relies far less on manual spreadsheets.
Results
- Named owners for every critical data domain
- Documented lineage from source to report
- Automated data quality checks
- Evidence pack ready for regulatory review
Technology used
- Data governance framework
- Data catalogue
- Data quality tooling
- Lineage mapping
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