Since the Financial Crisis there has been a surge in new regulations with significant commonality between Finance, Risk and Treasury data requirements. This has led to increasing collaboration between the Chief Finance Officer (CFO) and the Chief Risk Officer (CRO) as part of a strategy seeking to break down the data silos. However, few players have found the silver bullet to a genuine integration of Finance, Risk and Treasury to create a common data operating model. and many banks have had their fingers burnt through “Big Bang” high budget projects and have pivoted to agile, tactical approaches within an over-arching goal.
In this webinar you will hear from EY CFO Advisory on the challenges faced by CFOs and CROs, the pros and cons of different approaches and the opportunities for banks embarking on this journey. Bank of Ireland will also share their challenges and lessons learnt so far and the role of AAH in achieving their end goal objective of a common data operating model