Banking — Data Process Audit and Compliance Workflow

Overview

The purpose of this DAG is to ensure the integrity and compliance of data management processes within the banking sector. It systematically collects logs and metadata from various data sources, providing a comprehensive audit trail for regulatory requirements. The ingestion pipeline begins with gathering data from sources such as transaction logs, user activity logs, and compliance reports. Each step of the data processing involves capturing relevant metadata, which is subsequently stored in an

The purpose of this DAG is to ensure the integrity and compliance of data management processes within the banking sector. It systematically collects logs and metadata from various data sources, providing a comprehensive audit trail for regulatory requirements. The ingestion pipeline begins with gathering data from sources such as transaction logs, user activity logs, and compliance reports. Each step of the data processing involves capturing relevant metadata, which is subsequently stored in an audit register for future reference. Key processing steps include log collection, data validation, metadata extraction, compliance checks, and error reporting. Quality controls are integrated throughout the pipeline to ensure the accuracy and reliability of the data. The outputs of this DAG include detailed audit reports, compliance status summaries, and error analysis documents. Monitoring KPIs, such as the number of audits conducted and response times to audit requests, provide insights into the effectiveness of the compliance processes. The business value derived from this DAG lies in its ability to enhance regulatory compliance, reduce audit response times, and improve overall data governance within the banking industry.

Part of the Governance & Compliance solution for the Banking industry.

Use cases

• Ensures adherence to banking regulations and standards
• Enhances transparency in data management processes
• Reduces risk of compliance violations and penalties
• Improves efficiency in audit response and reporting
• Facilitates better decision-making through accurate data insights