Banking — Data Processing Compliance Audit Workflow

Overview

The primary purpose of the finance_km1_conformite_audit DAG is to verify that data processing activities adhere to current regulatory standards in the banking industry. The workflow begins with the ingestion of various data sources, including transaction logs, compliance checklists, and regulatory guidelines. These inputs are systematically processed to assess compliance levels and identify any discrepancies. The processing steps involve data validation, compliance checks against predefined regu

The primary purpose of the finance_km1_conformite_audit DAG is to verify that data processing activities adhere to current regulatory standards in the banking industry. The workflow begins with the ingestion of various data sources, including transaction logs, compliance checklists, and regulatory guidelines. These inputs are systematically processed to assess compliance levels and identify any discrepancies. The processing steps involve data validation, compliance checks against predefined regulations, and the generation of detailed audit reports. Quality controls are integrated at each step to ensure data integrity and accuracy. The outputs of this DAG include comprehensive audit reports, a compliance register for future access, and alert notifications for compliance officers in case of anomalies. Monitoring key performance indicators (KPIs) such as compliance rate, number of anomalies detected, and report generation time is crucial for assessing the effectiveness of the workflow. The business value of this DAG lies in its ability to enhance regulatory compliance, reduce the risk of penalties, and improve overall operational efficiency within the banking sector.

Part of the Knowledge Portal & Ontologies solution for the Banking industry.

Use cases

• Reduces risk of regulatory penalties and fines
• Enhances operational efficiency through automation
• Improves traceability of data processing activities
• Facilitates timely compliance reporting
• Strengthens trust with stakeholders and regulators