Risk & Compliance challenges

Data risk refers to the possibility of an organisation losing value or reputation as a result of problems or limits with their data assets across acquisition, storage, transformation, movement, and usage.

Numerous businesses have started to address data risk management issues by enhancing data management, using sophisticated analytics methods, and making use of cognitive technology. In addition, some companies are beginning to apply the same governance rules and ROI assessments to data assets as they do to technology. Despite this, problems persist. That’s where NovoFinity comes in.

Our data experts take the time to understand your specific risk & compliance challenges and provide remediation. We have a library of proven frameworks that help businesses solve their data challenges faster and more reliably that we can manage or provide for your in-house teams.

Risk & Compliance expertise in

BCBS 239
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CPG 235
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Basel I-IV
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GDPR & CCPA

Our experts have expertise in risk management. We help our financial services customers manage and leverage their data relating to their key risk exposures through practical BCBS239, minimise our customers’ cyber exposure, and protect their digital investments with our unique risk management frameworks and services.

Leverage our Expertise in Risk & Compliance

BCBS 239

Principles for effective risk data aggregation and risk reporting

BCBS 239

To comply with the BCBS 239 standard, financial services businesses all around the world are required to collect risk data that is full, timely, accurate and flexible

CPG 235

The Australian Prudential Regulation Authority guidance for Managing Data Risk

CPG 235

The purpose of CPG 235 is to assist senior executives, risk managers, and technical specialists inside regulated enterprises in Australia to controlling Data Risk

Basel I-IV

Regulations for banks to hold cash reserves to meet their financial obligations

Basel I-IV

Basel IV is a colloquial term for a series of regulations that collectively constitute a significant shift in how risk-weighted assets are calculated

GDPR & CCPA

Laws that require organisations to safeguard personal data & privacy rights

GDPR & CCPA

GDPR and CCPA are privacy regulations for different geographies that govern how user data can be collected, used, and managed, and are now having global impact

It’s a regulatory minefield when it comes to data management, and it’s only getting more stringent. We help businesses stay ahead of their risk & compliance challenges before they get ‘that call’ they most dread.

Risk & Compliance FAQs