Success stories

Fortifying Regulatory Compliance: Coforge's Data Engineering Expertise Optimizes Risk Management for Major UK Bank

Written by Admin | Jul 9, 2024 3:21:57 PM

In the complex landscape of financial regulations, a major UK bank faced challenges in maintaining compliance with European Central Bank (ECB) regulations for mortgages, banking, and unsecured personal loans. The bank sought to enhance regulatory adherence and mitigate risks by improving data quality, reducing manual efforts, and simplifying compliance workflows. Coforge partnered with the bank to implement advanced data engineering solutions, transforming their approach to regulatory compliance.