QualityData Advantage for Basel Compliance

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A technology-independent approach for operationalizing data quality across the enterprise to comply with Basel II and III regulations. The proliferation of regulations and standards creates challenges for data governance professionals, particularly when compliance with multiple regulations “overlap” the data being managed. Basel regulations focus on specific banking practices and operations, including the institution’s tolerance/appetite for […]

A technology-independent approach for operationalizing data quality across the enterprise to comply with Basel II and III regulations.

The proliferation of regulations and standards creates challenges for data governance professionals, particularly when compliance with multiple regulations “overlap” the data being managed. Basel regulations focus on specific banking practices and operations, including the institution’s tolerance/appetite for risk-taking; stress testing; risk reporting; counterpartyrisk assessments (monitoring external feeds of Concurrency Control and Recovery or CCR transactions); and capital adequacy computations. To achieve compliance with Basel II and III regulations, formal business management processes and controls are required to govern the financial data subject to these regulations.

To assist clients with this challenge, Capgemini developed QualityData Advantage, a methodical and implementable approach to operationalizing data quality that has proven to be highly successful for compliance and risk management initiatives.

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