Meeting compliance obligations is one of the biggest headaches for an organisation – and regulations are ever-evolving.
Leading the way in data governance means that data is more trusted, quicker to extract and more efficient to use.
In this article, we’ll be delving for the benefits that intelligent data management can bring to your compliance needs, including catching issues early, speeding up risk reporting and less effort meeting compliance requirements.
Speeds up risk reporting
Intelligent data management platforms, such as IDMC from Informatica, capture data from hybrid and multi-cloud environments. Having your data in one place enables easier decision-making and fewer cracks for your data to slip through.
Reliable data builds brand reputation with customers, partners, suppliers, shareholders and investors through reduced fraud risk.
Not only that, intelligent data management allows you to catch risks and meet compliance regulations in different parts of the world that you operate in, even in the most highly regulated industries.
Catch data issues early
Near real-time checks on your data mean that issues like fraud can be caught early and mitigated.
A unified reporting view makes it easier to access the information you need and, in doing so, creates a culture of compliance in your organisation.
No need to spend as much time or money to meet compliance obligations
The larger the organisation, the more likely they are to have staff dedicated to compliance. As you can make decisions quicker with cleaner, more orderly data, it will take fewer people and fewer tools to action with a platform like IDMC.
Artificial intelligence also helps to save time by pulling data and analysing it at much greater speed. CLAIRE AI saves you time by reducing manual tasks, leaving your staff to work on more important tasks, with less resource (and less opportunity for confusion or silly mistakes) to meet your compliance obligations.
Minimal business disruption
Do all of this with minimal disruption to your organisation with legacy system integration and efficient handover.
If you’re not sure, check out this webinar from Informatica exploring how IDMC can unlock value in your data. Download it here.
Ravi Ranjan, senior executive and partner at Deloitte, gives an example of how regulation has ramped up in recent years. Here’s the clip from the webinar.
Read more
What is intelligent data management? Everything you need to know – In partnership with Informatica, here’s an introduction into intelligent data management and why your organisation could benefit from an intelligent data management cloud platform
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