Dodd-Frank Data Management

Dodd-Frank Data Management: Urgent Priorities, New Opportunities

The scope and complexity of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) continue to expand – as do the technological demands that Dodd-Frank-related regulations impose on financial institutions. Even though the regulations that implement the law continue to evolve, a number of core data issues must be addressed now.

Crowe Horwath LLP has developed advanced technology solutions that address the complex data warehousing, integration, and governance demands that implementing regulations generate. Crowe teams have successfully helped numerous banks implement solutions to assist with the complex data collection and data management issues associated with the annual stress-testing submissions required by Dodd-Frank. By building systems and processes that are adaptable, responsive, and scalable, our solutions help clients manage their future regulatory compliance costs.

Beyond compliance and with the assistance of Crowe consultants, banks have discovered they can turn Dodd-Frank challenges into business opportunities by turning unstructured data into knowledge capital and taking advantage of advanced technological solutions. These solutions can extend a bank’s risk management insights, strategic decision-making, and operational efficiencies by providing:

  • Better access to high-quality information
  • Faster decision-making capabilities
  • Greater visibility into operational risk
  • Improved business processes
  • More effective identification of new business opportunities

Data management is only one aspect of a broad range of related Dodd-Frank issues that the Crowe performance team has extensive experience addressing. Our performance improvement specialists also help banks tackle a variety of additional data warehousing, integration, and governance issues on an enterprisewide basis, using advanced technological tools such as the Crowe® Credit360 – Stress Testing solution, which helps banks actively monitor, evaluate, and manage their loan portfolios.

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