An overview of big data in the financial market and how it effects a company's governance, risk and compliance strategy as well as three steps to managing big data and lowering associated risks.
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• Our clients create, collect and consume data using EDGR software tools•We help companies:• comply with filing regulations• manage financial information• lower risk and lower compliance costs• gain control over and analyze information• implement more agile and effective GRC practices
Leader in disclosure management, financial data and GRC analytics solutions
Proactively attacking “big data” is critical for GRC.
The largest settlements paid by 11 pharmaceutical companies for bending the rules total a staggering $6 billion.
Lehman teeters. After $229bn in bail-outs for Bear Stearns, and Fannie Mae and Freddie Mac, the US Treasury says it won’t part with more taxpayer money. Investors dump FS stocks.
We are all still paying for the lack of foresight in mortgage and lending. The right control, structure and analysis of data could have prevented a full-blown crisis.
• Regain control of your GRC efforts• Lower compliance costs• Filing and disclosure, audit readiness, data management, etc.
• Gain faster insight into and control over information as it’s created • Lower overall risk with increased visibility• Pinpoint and address issues • Identify and evaluate business trends• Better assess the impact of business decisions • See potential new opportunities
• Become smarter and more agile11
There are huge benefits to tackling this problem NOW.