Managing Your Data Risk
In data management interactions with regulators organisations need to both have a defensible position and to do the right thing with their customers, stakeholders and shareholders. Managing data as a risk has to be at the core of an organisation's operational risk management framework - this is particularly relevant for financial services organisations where regulators are taking an increased focus in ensuring proper and effective risk management controls are evidenced.
Quaylogic's data risk control framework identifies your organisation's key data risks and issues and matches those to your operational risk management controls - providing effective capability to manage and mitigate data as a risk. Quaylogic's data risk control framework provides a systemic and evidence based approach and is mapped to key regulations including Consumer Duty, BCBS 239 and GDPR - enabling effective management and control to be demonstrated and evidenced to regulators.