BCBS-239
Compliant
Enterprise
Data Platform
SUMMARY
One of the largest banks in South Africa needed to ensure that they met the auditors’ compliance requirements driven by BCBS-239 by capturing all data sources points & logic used to produce their Regulatory Reporting and ultimately centralize all of their data sourcing and provisioning to improve the data quality and governance.
Problem Statement
- Siloed data environments & manual data processing required laborious manual reporting efforts
- Incomplete and not well-understood data resulted in inconsistencies and increased risk of leveraging reports to make decisions
- Significant financial impact if Regulatory Reporting did not meet Auditors’ requirements & deadlines
Exusia Solution
- Centralized data architecture and standardize technology by architectural component
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Built a re-usable Data Pipeline Frameworks to standardize data sourcing and provisioning as well as to support automation to improve time to
market - Ensured Frameworks address Regulatory Reporting compliance requirements including built-in data catalog and data lineage
- Leveraged Agile Methodology and global scrum team to support to meet timelines while decreasing cost of resourcing
Business Outcome
- Compliance Regulatory Reporting - met requirements by allowing auditors to easily view/trace all data fields and logic back to the source
- Foundational centralized data platform to support additional Lines of Business for their operational and analytical data needs
- Improved data quality and time to market of onboarding/provisioning data requirements