How to Manage Increasing Data Compliance Issues in Community Banks

Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance · Securities Lending
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HOW TO MANAGE
INCREASING DATA COMPLIANCE
ISSUES IN COMMUNITY BANKS
An Excerpt from the RMA Credit Risk
Management Audio Conference Series
Speaker: H. Walter Young, Market Risk
Officer, Group Vice President, M&T Bank

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STRATEGIES AND BEST PRACTICES
The following slides show
best practices and strategies for
community banks facing increased
data compliance and integrity
issues, once deemed as
“big bank issues.”

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BEST PRACTICE: COMPREHENSIVE CAPITAL
ANALYSIS AND REVIEW (CCAR)
Best-practice banks have:
• transparent mapping between various
reporting taxonomies.

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ANALYSIS AND REVIEW (CCAR) (CONT.)
Create a
hierarchical
“Rosetta Stone”
bridge between
each silo so
you can:
Integrate the
reconciliation.
And leverage the
business intelligence
across any dimension.

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ANALYSIS AND REVIEW (CCAR) (CONT.)
CCAR can help
create an integrated
perspective.

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THE NEXT NEW THING TAKING CENTER
STAGE
CRO
requirements
OCC
requirements
CCAR
requirements

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THE NEXT NEW THING (CONT.)
Integrated risk management
(and Basel III guidance)
suggests a need to view the
whole data enchilada.
Banks that evolve in this way should
have sequentially built the house from
the bottom up, leveraging staff,
hardware, and software to their
competitive advantage.

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THE NEXT NEW THING:
ENTERPRISE DATA MANAGEMENT (EDM)
Lending
regulatory
compliance
overlap
Data
integrity
Data
manage-
ment
Develop an EDM
program (an
integrated solution)
for handling:

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EFFECTIVE EDM DELIVERS VALUE
TO YOUR ORGANIZATION
Create an
enterprise
service.
Treat banking
information as
an asset.
Manage/maintain
people, processes,
and systems
accordingly.
Value.

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EFFECTIVE EDM SUPPORTS YOUR
REGULATORY PROGRAM
EDM supports the regulatory
program by delivering the
required information and
controls (CCAR, etc.).

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EFFECTIVE EDM IS USED ACROSS
DEPARTMENTS
Reduce
overall
expenses
related to
managing
information.
Increase the
value of
corporate
information
assets.
Position EDM
for use by
other areas of
the bank to:

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EFFECTIVE EDM SOFTWARE
Smaller is
better
Vertical
software
choices are
almost
always open
source.

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EFFECTIVE EDM: TRANSITION FROM
TACTICAL TO STRATEGIC
Shift from
a tactical
CCAR
approach…
…to a
strategic one
for data
delivery and
data
governance.

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EFFECTIVE EDM: SCALE FOUNDATION TO
MEET FUTURE NEEDS
Bundle:
A common data
foundation.
Common data
governance.
Common controls.

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ABOUT RMA’S CREDIT RISK MANAGEMENT
AUDIO CONFERENCE SERIES
This popular series of ten audio conferences highlights
the current issues and trends in the credit risk
management arena.
Participants have the opportunity to hear from seasoned
industry experts and engage in lively discussions on the
topics that matter most today.
Learn more.

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How to Manage Increasing Data Compliance Issues in Community Banks

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