BCBS 239 - The Starting Line, Not The Finish
"By seeing BCBS 239 as the starting line and not the finish line, banks will not only be better prepared to handle future market events, but will be able to do business differently."
Few industries have the same reach and impact that finance does. Just about everybody deals with finance in one way or another - which explains why in the aftermath of the financial crisis, calls for change were loud and impossible to ignore. Complying with BCBS 239 is a substantial and complex undertaking that calls for a strategic, enterprise-wide approach to the way banks handle their data governance, lineage and architecture.
In this white paper from Marion Leslie, Managing Director of Pricing and Reference Services, we've outlined BCBS 239 requirements and discussed how banks can benefit from the changes they must make in order to maintain compliant.