Consolidating Risk Management and Compliance Silos in Financial Services
For years, financial institutions have been implementing disparate risk management and compliance applications to meet regulatory requirements and reduce operational risk.
Recently, however, many organizations have begun unifying these separate applications via a single, comprehensive, enterprise wide platform. Doing so allows them to gain a more accurate and complete view of their enterprise data, identify operational and compliance risks and suspicious activity faster and more accurately, comply with new and changing regulations, and simplify overall management and maintenance.
This paper explains how InterSystems IRIS™ data platform complements organizations’ existing data management environments and their risk and compliance applications to provide a unified, panoramic view of all enterprise data and an ultra-high performance scale-out processing layer.
InterSystems IRIS Data Platform for Consolidated Risk Management and Regulatory Compliance
InterSystems IRIS is an ideal technology to help firms successfully consolidate their risk management and regulatory compliance applications onto a single platform.
It seamlessly complements an organization’s existing data management infrastructure, including legacy applications, data warehouses, big data technologies, and data lakes. Organizations can obtain a unified, panoramic, secure view of data from multiple sources across the organization via a real-time distributed caching layer.