From 11 January 2017, British Airways, the flag carrier for the United Kingdom and airline long-recognised for their exemplary customer service, removed complimentary food and drinks from their short-haul European flights. A long-time coming as part of many changes to reduce costs, CEO Alex Cruz decided that removing the complementary service in an environment increasingly […]
Does it matter where you store your data? Is one home better than another? Brickendon Consultant Ramanan Venkat takes a look. If a lake is a water-filled basin surrounded by land, with rivers or other outlets feeding or draining it, then it is quite easy to understand the concept of a data lake. According to […]
Data is everywhere and so are regulations, so it is not surprising that the two are having quite a large impact on each other. In fact, while it is possible to have data without regulation and regulation without data, you are highly unlikely to find one without the other in today’s highly-regulated data-orientated financial environment, […]
STRATEGIC DATA ORGANISATION SOLUTION Dealing with the vast amounts of data within an organisation can be challenging. Brickendon believes that addressing these needs in a holistic way helps reduce costs and improve customer service. Our data quality solution aims to be the internal data provider of choice within the firm by employing governance best practices, providing […]
BCBS 239 – Compliance Attestation Framework Many organisations are struggling with the significant challenges associated with implementing BCBS 239 and in particular, the ambiguous nature of the regulation. Brickendon’s solution is a lightweight framework of evidences, linked with rationale to each paragraph, and a literal interpretation of the regulatory requirements by term. View PDF
A large global bank needed support to consolidate its regulatory reporting with BCBS 239 (principles for effective risk data aggregation and reporting). Brickendon was called upon to develop a mechanism to support the bank’s attestation to the regulator and provide a robust interpretation of the regulation itself to drive minimum standards of compliance. The Challenges […]
STRATEGIC DATA ORGANISATION SOLUTION Selecting a vendor is not as simple as often thought. The process contains many possible hurdles, which rely on mature experience to ensure the correct and most beneficial outcome. Brickendon’s experienced consultants are here to help your organisation define requirements and lead negotiations to ensure selection and delivery of the optimum […]
By Nathan Snyder and Chris Burke The people have done it again and proved the pollsters wrong. Trump’s unexpected rise to victory in the US elections matches the Brexit vote in the UK, where despite pollsters predicting victory for the remain campaign, the people voted the UK out of the EU. Trump also defied the […]
A large global banking client was seeking to transform the way that data was used within its Investment Bank. The aim was to manage the data more efficiently, consistently and transparently in order to reduce storage and infrastructure costs. The Challenges Lack of standardisation: inconsistent naming convention across the bank Multiple stakeholders: the bank had […]
By Bryan Adare. Repetition might help when it comes to learning lines for a play or practicing for a music concert, but is a hindrance when it comes to financial data. A period of consolidation in the banking sector has left a handful of large players controlling many of the world’s financial transactions, and with […]