Harmonizing Compliance Data 'Attracts Interest', But Needs Follow-Through
Thomson Reuters research reports just 12% of executives have strategy to leverage common aspects of regulation
Most financial firms believe significant benefits can arise from harmonizing their data management to comply with multiple regulations, but only a small fraction have a strategic approach in place to do so, according to a survey conducted by Thomson Reuters.
The survey collected responses from 66 senior data management executives, with 95% of those responding saying they would benefit by harmonizing data for compliance, but 12% saying they have a strategic approach to leverage regulatory
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