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BCBS 239 compliance and improved data quality has become a significant priority for both the European and United Kingdom banking industries. The challenge of implementation and compliance is tougher than ever with expanded scopes and renewed pressure from regulators. However, the benefits of compliance can be significant. Listen to our latest episode of the Monocle insights podcast with two of Monocle’s Directors, Catherine Horne and Rheta Du Preez. They draw on their years of experience implementing BCBS 239 at several clients to share what banks need to do in order to achieve BCBS 239 compliance both quickly and effectively.
In partnership with esteemed financial journalist, Michael Avery, we bring you the Monocle Banking Podcast – beyond the vaults and virtual wallets. This weekly series will play host to some of the top minds in the banking industry from around the world, as we explore the world of banking.
In the second episode of the Monocle Banking Podcast, Michael Avery sits down with Monocle’s CEO, David Buckham, to conduct a comprehensive post-mortem of what actually transpired in the failure of SVB, and other banks, earlier this year. David cuts into the heart of the financial levers that led to SVB’s demise, how the FED is, in fact, complicit, and the ultimate erosion of trust these failures have on the banking sector.
Data migrations remain risky and complex undertakings that can result in significant negative return on investments, if not managed correctly. We speak to Lisa Waldhausen, Principal and Data Migrations Specialist at Monocle, regarding what makes data migrations so challenging. Lisa also considers how financial institutions and their senior stakeholders are adapting to overcome the seemingly inherent difficulties of data migration.