Fenergo: FIMA 2013 Financial Data Management Benchmarking Report

This year’s results clearly show that data management continues to be a monumental challenge for financial institutions in 2013, with regulatory/ compliance data requirements topping the bill of concerns. New and
enhanced regulatory compliance requirements are forcing financial institutions to strive for higher quality data and data management processes.

In particular, data silos continue to be a top concern. To combat this and to prepare for regulatory implementation timelines, many

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