CGEIT · Question #90
A global financial institution has decided to integrate data from branch locations into a common database to address regulatory reporting requirements. Analysis of data flows and the full data life cy
The correct answer is B. Enterprise level. To address regulatory reporting requirements by integrating data from branch locations, analysis of data flows and the full data life cycle should occur at the enterprise level.
Question
A global financial institution has decided to integrate data from branch locations into a common database to address regulatory reporting requirements. Analysis of data flows and the full data life cycle should be conducted at which level?
Options
- ATransaction level
- BEnterprise level
- CBranch level
- DDepartment level
How the community answered
(24 responses)- B88% (21)
- C4% (1)
- D8% (2)
Why each option
To address regulatory reporting requirements by integrating data from branch locations, analysis of data flows and the full data life cycle should occur at the enterprise level.
Analyzing at the transaction level would be too granular and would not provide the overarching view of data flows and life cycle needed for enterprise-wide regulatory reporting compliance.
Analyzing data flows and the data life cycle at the enterprise level provides a holistic view necessary for understanding how data moves across all branches and departments, which is critical for meeting global regulatory reporting requirements that often span the entire organization and require aggregated data.
Analyzing only at the branch level would miss the interconnectedness of data flows across the entire institution and would not be sufficient for global regulatory compliance.
Analyzing at the department level would only cover specific functions and would not provide a complete picture of data integration and its life cycle across all enterprise operations.
Concept tested: Enterprise data governance and regulatory compliance
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