Compliance with data governance regulations is expected to become more complex as the Trump administration rolls out regulatory changes. As data governance rules grow in complexity, however, the consulting firm KPMG warns in a new survey that data and analytics tools are not being leveraged as a way to prepare for the regulatory upheaval.
The auditing firm found in a survey of chief compliance officers released earlier this month that less than half are using big data and data analytics to conduct audits or identify trends. Just over half said improving data quality was a top compliance challenge. Hence, the survey’s authors argue that data tools are among the most effective ways of boosting compliance with data governance and other regulations.
Author: George Leopold