THE ROLE OF DATA MANAGEMENT IN REGULATORY OPERATIONS: ENHANCING COMPLIANCE AND EFFICIENCY

Abstract

Regulatory operations have their data management effectively managed which is a key role in compliance and operational efficiency. Artificial intelligence, Blockchain and big data analytics are being used both for making organizations efficient and also to manage regulatory requirements. The objectives of this study are to explore the implication of data management in regulatory operations; which is the effect of data management on compliance adherence, operational performance, and risk mitigation. Through secondary research and case study analysis, this paper allows adherence to best practice data governance that has been uncovered along with challenges and future direction. The implication is that the existence of robust data management frameworks is needed to avoid transparency risks, and compliance risks, and improve efficiency.