How to tackle legacy data challenges in the new financial year

A new financial year is the perfect time to reassess your records strategy, especially when it comes to legacy data. For many Australian organisations, outdated and unmanaged records take up valuable space, increase compliance risk and limit the ability to unlock meaningful insights. Without a clear approach to legacy cleanup, these challenges only grow over time. Our latest insights unpack the most common challenges in legacy records management — and how smarter, tech-enabled strategies can help you reduce risk, drive efficiency, and unlock valuable insights. See how to get started: http://spr.ly/6049fa5RP #LegacyData #InformationGovernance #DigitalTransformation #OneIronMountain

I just read the insightful article “Can You Access Your Outsourced Data?” from Kerri Gevers, Norton Rose Fulbright, and its section on escrow to support data access is especially compelling. It underscores how critical data access provisions and escrow mechanisms can be for true operational resilience.   PRAXIS Technology Escrow, LLC #Technologyescrow #dataescrow

📄Paper processes don’t just slow you down; they quietly increase risk—duplicate data, unclear permissions, and no reliable trail when something goes wrong. 💻Digital forms flip the narrative. You capture only what’s needed, secure it at source, enforce consistency, and prove compliance with a click. The result isn’t just efficiency; it’s trust. Customers feel it, auditors see it, and your team stops firefighting to do meaningful work. #DigitalTransformation #BusinessAutomation #purpleplanet

IT Operations isn’t about uptime. It’s about confidence. Most dashboards brag about 99.99% availability. But executives don’t ask for decimals, they ask: 👉 Can we trust our systems under stress? 👉 Will our customers notice if we stumble? 👉 How fast can we recover if we fall? In my experience leading IT Ops in financial markets, the real metric wasn’t uptime. It was confidence in continuity. That’s what secures investment, protects trust, and keeps the Board off red alert. How do you measure confidence in your environment? #ITOperations #EnterpriseResilience #CIOInsights #DigitalTransformation #TechLeadership

A backup isn’t enough. You need the right backup strategy that matches your recovery goals and risk tolerance. 📌 When disruption strikes, it’s not just about getting your data back. It’s about getting your business back. 👉 Read more on our blog: https://rts.sh/sept25-1 #ResilientWithResTech #BusinessContinuity #DisasterRecovery #BeyondBackup #RecoveryPlanning

A backup isn’t enough. You need the right backup strategy that matches your recovery goals and risk tolerance. 📌 When disruption strikes, it’s not just about getting your data back. It’s about getting your business back. 👉 Read more on our blog: https://rts.sh/sept25-1 #ResilientWithResTech #BusinessContinuity #DisasterRecovery #BeyondBackup #RecoveryPlanning

Data silos remain one of the biggest barriers to effective governance and compliance. The PWC survey stat showing 41% of businesses struggling with poor integrations underscores the urgency. At RedOwl, we’re helping organizations achieve clarity, control, and confidence in every financial decision by ensuring data is connected and contextual.

Financial institutions need agility to thrive in the face of change. By adopting a holistic approach to risk, organizations can redeploy and refocus their business operations to build increased agility. Discover the solutions driving success in the industry: https://aon.io/4bJN5tK #BetterDecisions #FinancialInstitutions

If you can’t trust your data, how can you trust your decisions? 👈 For estate managers navigating complex environments, good data is critical. But without the right governance in place, even the best data can quickly become fragmented, outdated or unreliable. In our latest blog, we explore the principles of data governance every estates team needs to know. We break down what good governance looks like in practice and why it’s about more than just ticking boxes. When governance is done well, it doesn’t slow things down. It accelerates progress, strengthens collaboration and helps digital tools deliver real value. Read more via the link in the comments. ⬇️ #DataGovernance #EstateManagement #SmartEstates #BuiltEnvironment #AssetManagement

BSP Supervised Financial Institutions (BSFIs), are you and your vendors AFASA-ready by June 25, 2026? BSP Circular 1213, anchored on the Anti-Financial Account Scamming Act (AFASA), puts a strong spotlight on fraud monitoring and prevention. But here’s the blind spot I often see in conversations with banking leaders: third-party risk. BSP isn’t just asking for stronger fraud monitoring. It is reminding BSFIs to enforce and regularly evaluate your vendors’ and partners’ compliance on availability, information security, and cybersecurity. Why does this matter? Because a resilient organization is only as strong as the weakest link in its supply chain. And failing in resiliency “may subject the BSFIs or third-party entities/service providers to liability for losses arising from fraudulent transactions.” Yep, verbatim from the BSP in Circular 1213. Need help to know if you’re ready? Take our quick survey to see if you’re really covering your third-party risks - or if hidden gaps are leaving your institution exposed.