In recent years financial regulators have been struggling with the exponential growth of data. Leading industry experts shared their experiences on how they approached this challenge.
Over the last two years alone 90% of the data in the world was generated, according to Forbes. In the context of regulatory reporting, this data explosion has been even more evident.
This means that the future sustainability of regulatory reporting success is dependent on the role of the regulator evolving from that of partial administrator/data steward to that of purely supervisor.
In our virtual roundtable, leading industry and technology experts shared their experiences:
The key takeaways included: