Operational Risk Groups Tackle Data Governance as Regulations Rise

lauren-rieder — RBS's Lauren Rieder was among the senior executives giving their take on data governance at OpRIsk North America.

- By Dan DeFrancesco
- @dandefrancesco
- 25 Mar 2015

Data, and the part it plays in quantifying risk, has become a hot-button issue among regulators since the 2008 global financial crisis. New rules out of Basel specifically require firms to shore up their data quality to better understand the risks their taking.

With the increased spotlight on data, firms' operational risk departments have been forced to take a deeper look at data within their organizations. At this year's OpRisk North America conference in Manhattan, four operational risk

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