Data strategy support, implementation and proactive assurance
We help clients develop and sustain effective data management strategy aligned to the business or helping firms provide ongoing and proactive assurance over their data strategy implementation.
- Assist with the gathering of strategic data requirements across the bank;
- Work in partnership to develop and agree the bank-wide data strategy;
- Accelerate the development of the bank data management policy; and
- Agree the priority roadmap for the implementation of the investments to develop the data and analytics within the bank.
In addition we work with clients to demonstrate the implementation of their data strategy from across the firm and how well the strategy is operationalised.
Proactive Data Strategy Assurance - Providing an ongoing set of independent reviews of your data management capabilities and maturity metrics as part of your strategy implementation.
Enterprise data management, governance and data quality
Organisations are becoming increasingly reliant on data to drive commercial decision-making, operational efficiencies and address regulatory requirements. However, many organisations struggle to build the necessary underpinning data governance capability. PwC’s offer its expertise in Data management, governance and quality to ensure its clients are in compliance with the latest regulations.
- Supporting the design, build and implementation of required data capabilities including control frameworks, data quality monitoring, and enhanced reporting across the organisation
- Enabling the adoption of data governance and controls programmes to
- In data quality we help firms to better understand the data quality KPIs, rules and an ever increasing use of Artificial Intelligence ( AI) and Machine Learning (ML) in data quality.
Advanced analytics and machine learning
We unlock insights from data to predict what may happen in the future through advanced
analytics, machine learning and experimentation
We operationalise emerging technologies to drive faster decisions through analytics helping firms to understand the data, how to look to get a return on their investment and to help put effective governance around new technologies such as Machine Learning.
Transaction reporting assurance and review
Financial institutions have a regulatory obligation to report trade and transaction information to their relevant authority on a daily basis. The reporting regimes include MiFID II, Dodd-Frank & EMIR2.0 amongst others.
We are able to help out clients by way of detailed testing (of both data, technology, processes and controls) we can review current TR implementations to identify reporting errors and deficiencies and make recommendations based on our findings.
Data driven regulatory compliance
We help our clients address their regulatory challenges where data plays a significant part such as BCBS239, COREP, Solvency II and Algo trading.
We have developed a number of diagnostic solutions to help clients address their control and compliance reporting across Transaction, Conduct and Prudential reporting.
The General Data Protection Regulation is creating highly technical and operational challenges, requiring everyone in Financial Services to take action. But it also represents a major opportunity to transform your approach to privacy, harness the value of the data you hold and ensure daily operations are fit for a digital economy. This is the largest change to data protection legislation in the last 20 years, which will result in wide scale data privacy transformation requirements across every organisation.
Our GDPR framework will guide you through the GDPR compliance process from understanding your initial exposure through to remediation planning and implementation using a unique risk based approach, and our unmatched regulatory compliance experience.
Since Go-live in May 2018 we are also look to help our clients with their ongoing GDPR programme around on-going GRPR review and assurance.