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

Marion Leslie, SIX
Marion Leslie, managing director, pricing, reference and regulatory services, Thomson Reuters

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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