Regulators globally are requesting more accurate, timely, and detailed data from market participants. Asia is no different, except many firms operating within the Asia-Pacific (APAC) region are not dealing with one regulator, but several. Consequently, banks are turning their attention to the journey of their data, concentrating on data lineage as an essential part of establishing more sophisticated methods for data management and governance.

Abraham Teo, global head of tax products and head