Use Case: Enterprise Data Governance for Regulatory Reporting

Background:

The Office of the Chief Data Officer (CDO) at a top 5 U.S. bank was tasked with implementing a centralized data governance framework to support ongoing regulatory initiatives including BCBS 239, CECL, and CCAR. The bank needed a scalable solution to manage data lineage, enforce governance policies, and improve data quality across multiple lines of business.

Challenges:

• Inconsistent definitions and ownership of critical data elements across Finance, Risk, and Treasury.
• Manual lineage documentation and fragmented metadata repositories.
• Repeated audit findings related to poor traceability of regulatory data submissions.
• Delays in CCAR and CECL reporting due to siloed data preparation efforts.

Solutions:

• Deployed OnCoor Regulatory CoPilot to automate metadata capture, enforce lineage, and apply data quality checks across domains.
• Federated governance model allowed each LOB to maintain stewardship while adhering to enterprise standards.
• Embedded BCBS 239 principles into business workflows—lineage, timeliness, and accuracy were continuously monitored.
  

Key Benefits:

• Reduced regulatory reporting cycle time by 70% through streamlined data prep and validation.
• Fully auditable lineage enabled quicker response to internal and external audits.
• Achieved BCBS 239 alignment with automated tracking of all 14 principles.
• Enabled cross-functional collaboration with role-based access to trusted, certified data.