Faced with the stringent regulatory requirements of BCBS 239 and CPG 235, one of the world’s top 50 retail banks in the APAC region needed a comprehensive compliance system to ensure complete tracking and visibility of critical data elements (CDEs) across its business lines. CDE compliance for global banks has become a critical challenge, and in this case, with over 22 million data assets spanning 10 platforms and 600 applications, managing compliance at this scale was daunting. Errors in data lineage posed risks to regulatory standing, eroded trust, and exposed the bank to financial penalties, demanding a solution that could automate and transform its compliance practices.

 

Alex Solutions was selected for its proven ability to deliver compliance-led data governance at scale. Within six months, Alex’s automated data lineage capabilities mapped 1,770+ CDEs with 1,410+ tailored compliance controls, providing end-to-end visibility of data movement. Alex transformed compliance from a reactive challenge into a structured advantage by embedding these controls and aligning them with BCBS 239 and CPG 235 standards.

 

The results speak for themselves. Compliance officers gained effortless visibility into data lineage, enabling proactive monitoring and precision in meeting regulatory standards. Regulatory audits shifted from being a burdensome task to a seamless validation of the bank’s disciplined governance practices. Each business unit took ownership of its data flows, ensuring compliance without guesswork and establishing a foundation of trust and transparency across the organization.

 

The quantitative impact underscored Alex’s efficiency: over 22 million data assets cataloged and compliance controls implemented across 10 major platforms. This newfound clarity empowered the bank to not only meet but exceed regulatory expectations, embedding a culture of proactive governance that supported future growth.

 

Looking ahead, Alex’s continuous updates and scalability equip the bank to adapt to evolving regulations and expanding data volumes, ensuring its compliance posture remains resilient. As the bank’s compliance team summarized: “With Alex, compliance is no longer just about responding to audits—it’s a continuous discipline that gives us confidence in the integrity of our data.”

 

Through Alex, this leading retail bank has positioned itself to navigate a complex regulatory environment while achieving sustainable, data-driven governance for the future.

 

 

Customer Overview

 

• Region: APAC

• Industry/Sector: Financial Services – Leading Retail Bank

• Top 50 Global Bank and Top 4 Bank in APAC

 

Challenge

 

• Capability Area: Compliance and Data Governance

• Regulatory Compliance Needs: Required a solution to meet strict standards, including BCBS 239 and CPG 235.

• Data Lineage Transparency: Needed a clear and accurate view of data lineage for Critical Data Elements (CDEs) across business flows.

• Volume and Complexity: Faced challenges managing compliance for millions of data assets across numerous business units.

• Consistency Issues: Struggled to ensure data was consistently understood, controlled, and governed across the organization.

 

Technologies

 

Data Management:

• Oracle

• SQL Server

• PostgreSQL

• Google Big Query

• Informatica

 

Reporting:

• Tableau

• QlikView

 

Analytics:

• SAS Base

• Google Big Query (dual-purpose: analytics and data management)

 

Compliance:

• Moody’s

 

Alex’s Value to the Customer

 

• Achieved a standardized data management framework for all divisions, aligning with APRA’s data governance requirements.

• Consistent application of governance across multiple data environments, reducing discrepancies and redundancies.

 

Immediate Benefits:

 

• Enhanced visibility into data lineage, helping divisions quickly understand the origin and usage of data.

• Reduced regulatory risk by operating within APRA’s specified risk appetite.

• Empowered business units to address data issues proactively through a standardized governance framework.

 

Long-Term Value:

 

• Established a foundation for ongoing data risk management aligned with regulatory and organizational standards.

• Strengthened data culture across the bank, with divisions now owning and addressing data quality and governance.