Regulatory compliance has accelerated the demand for Data Governance programmes across a diverse range of sectors.

With this demand has come a realisation from executive leaders that their existing data quality and reporting processes are insufficient.

Written within all regulatory directives such as Basel, Solvency II, HIPAA, FATCA and many others, is the need for high quality data and more importantly, well managed data quality management processes.

Traditionally, many companies have “cobbled together” compliance solutions from whatever technology and resources they had available. This has created unnecessary complexity, costs, delays and management uncertainty as to the quality of the underlying data and the robustness of the governance process.

In addition, the operational benefits of a well governed organisation have failed to materialise making senior management question the benefits of data governance and data quality management.

“A bank’s board and senior management should promote the identification, assessment and management of data quality risks as part of its overall risk management framework.”

- Basel III  Risk Data Aggregation Policy, Overarching Governance and Infrastructure

X88 Pandora – The Complete Data Governance Platform

X88 Pandora has been operating in the highly regulated environment of insurance and banking for several years. We have been constantly refining the technology to suit the diverse needs of the modern data quality, data governance and risk management professionals.

Here are just a few of the innovations in X88 Pandora that were created from directly tackling Data Governance initiatives for large corporates bound by regulatory compliance:-