Harte-Hanks Trillium Software White Paper Sample
Increased transparency of financial service firms translates to intense scrutiny of and broader visibility into the financial disclosure process and all underlying data. To effectively meet emerging Governance, Risk, and Compliance (GRC) requirements, information must be represented true to the context of use --data must be correct, current, comprehensive and consistent. To maintain investor confidence, shareholder value, and profitability, banks must re-evaluate aspects of their lending strategies and dig into the real details of data within various classes of risk. Because banks need to collect, manage and reliably report on all KPIs fed into their risk rating models, they must now augment risk calculations based upon critical metrics driven by data quality coefficients.