The importance of data integrity in financial services: Mitigating risk and ensuring compliance
As financial institutions increasingly rely on AI and big data for decision-making, the accuracy of data becomes paramount. This white paper explores the crucial role of data integrity within the financial services industry and how trustworthy data is central to various aspects of the business, from risk analysis and profit maintenance to competition and innovation.
In this white paper you’ll learn:
- The key pillars of data integrity
- How data integrity aids compliance with different regulations
- Challenges that poor data quality can showcase
- The importance of addressing data silos, enhancing data quality, and mitigating future risks