Banks conduct two types of finance reporting functions: internal reporting for planning and budgeting and external reporting for regulators and shareholders. Both tasks involve sourcing data from multiple systems, as well as consolidating and aggregating information for analysis and presentation. Banks want to create a centralized data storage with flexible data management functionality that can handle a variety of sources and formats. This includes data governance, meaning the rules of maintaining data and data lineage, the part of governance that records how data moves through a system. The system allows banks to avoid manual tasks while providing transparency to executives and regulators.
Partner Solutions
Software, SaaS, or managed services from AWS Partners
