Summary
Regulatory compliance is crucial for large enterprises to avoid hefty fines and operational disruptions, protect their reputation, and maintain market position. However, building and maintaining a robust regulatory compliance regime remains a significant challenge for many organizations. Persistent data silos, inefficient data governance, poor data quality control, inconsistent monitoring and reporting mechanisms, and resource constraints are key obstacles to enforcing compliance.
How can organizations overcome these challenges and expedite compliance with regulations such as GDPR, CCPA, HIPAA, SOX, BSA/AML, BASEL III, and BCBS239? The solution lies in Orion Governance’s Enterprise Information Intelligence Graph (EIIG), a self-defined data fabric.