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How Data Automation strengthens governance and control

Standardising your processes, consolidating systems and removing all the manual work around data unlocks transparency across the front-to-back lifecycle of your data.

It’s impossible to control and audit – or even document – what happens in a spreadsheet.

Having one platform where all your data processes live makes it possible to understand the entire journey it’s been on through your organisation. This is becoming increasingly important to regulators. Changes like the CFTC Rewrite and EMIR Refit placed emphasis on the need to be able to demonstrate adequate controls around your regulatory reporting data.

Also, because data automation relies on empowering business users through no-code technology, all the transformations and rules applied to data are clearly documented in plain English. Internal and external auditors can easily understand what’s happening to your data.

OTHER BUSINESS BENEFITS OF DATA AUTOMATION

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Operational efficiency

A data automation platform solves the core issue slowing operations functions down: a lack of trust in data. It does this by bringing all mission-critical data together in one place so you can standardise and consolidate processes across the business.

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Cost savings

Data automation enables you to remove the legacy technology cost burdening your Operations. As a result, those huge operations teams are freed from low-value manual work and able to make a real impact.

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Business agility

Putting control over data processes into the hands of business users greatly accelerates your time-to-value. It makes you a more responsive, agile business.