Master Data Management: The Key to Managing Regulatory Compliance


Corporations appear to be spending more time and money on regulatory compliance now than at any other time in recent history. In fact, the largest U.S. corporations spent an average of US$4.6 million implementing Sarbanes-Oxley Act (SOX) section 404 controls in their first year of implementation, and Forrester Research estimates the five-year cost of Basel II implementation for the largest banks to be $150 million.

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