UBS’s Data Lake for Regulation Pays Dividends
Waters Europe: Data requirements are driving better data for consumption across the bank.
Swiss bank UBS has opted for a centralized system for managing regulatory data, the bank’s Tony Chau said.
Chau is now executive director and lead architect in UBS’s CTO office, handling tech strategy at the bank. However, he was until recently the chief architect for UBS’s regulatory programs.
Chau says his motto then was, “Try [to] publish once to consume many times.” This is why UBS chose to build a data lake—a concept that “was fashionable a few years ago,” Chau said—where the bank could
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