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Enterprise architectures in financial institutions are traditionally built around functional and operational requirements. Security and regulatory compliance needs are typically addressed by individual business and technology groups, which often results in overlapping solutions, functional gaps, or both. As security and regulatory compliance activities have evolved into vital business elements with cross-functional data requirements, these architectural inefficiencies have become business liabilities. The lack of ready access to a consistent, enterprise-wide plan adds costs, delays services, and complicates management as businesses work to implement new compliance requirements.
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