Oh No! Not Another @%&? Compliance Requirement!

First there were internal financial statements and management reports, which were difficult enough. Then different external stakeholders required "performance" reports. Now there are more and more reports needed to demonstrate compliance with legislative and regulatory requirements (Sarbanes-Oxley; Basel II, etc.).

Unfortunately, most enterprises treat every new requirement as a brand new report that must be developed and produced independently - the result is increased operational and maintenance burden and reporting chaos.

It doesn't have to be that difficult or complex. This presentation describes using enterprise metadata to simplify, govern and enable compliance reporting - the result is an integrated, strategically-driven, architecture-based, reporting environment that can efficiently produce a myriad of compliance reports and flexibly react to new and changing requirements.

Key Points:

• All compliance requirements require information transparency across the enterprise.

• Achieving this has long been the goal of enterprise data/information management.

• Now it is no longer "optional."

• Metadata management is the key to continuosly achieving compliance over time,

and to achieving compliance for multiple requirements.

• The benefits of managing metadata for compliance will extend far beyond compliance.

• Achieving compliance requires significant effort and change on the part of most enterprises. According to the presenter, a metadata-driven approach has the best chance for both near-term and long-term success.