Timeliness and Reliability in the Transmission of Regulatory Reports

1 · Michael Xu · Sept. 17, 2021, 6:24 p.m.
Managing risk and regulatory compliance is an increasingly complex and costly endeavour. Regulatory change has increased 500% since the 2008 global financial crisis and boosted the regulatory costs in the process. Given the fines associated with non-compliance and SLA breaches (banks hit an all-time high in fines of $10 billion in 2019 for AML), processing... The post Timeliness and Reliability in the Transmission of Regulatory Reports appeared first on Databricks....