MAS 610 Reporting Challenges & a Future Roadmap for Singapore’s Banks

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Provided by: Cognizant
Topic: Banking
Format: PDF

As the smoke clears on MAS 610 revisions, banks in Singapore are trying to get more clarity on the new requirements and their impact on existing reporting workflow. Amid their budgetary constraints, banks can mitigate these challenges by leveraging a robust data governance model, cloud-based services and automation.

This paper explores how banks in Singapore can prepare themselves to overcome the massive data collection requirements and other challenges now part of MAS 610 Reporting.

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