Data Standards & Policies Framework for a leading Bank in the Middle East
Client
A leading commercial bank in the Middle East with a wide portfolio across retail, corporate, and investment banking services, serving millions of customers across multiple regions.
Problem
Customer was facing major issues due to a lack of proper data management. Data was scattered across the organization.
No clear ownership for data, absence of Data policies and frameworks, lack of Security controls around Data.
Lack of unified view of the organization resulting in inefficiencies in retrieval of information and lost trust in data.
Solution
Proposed and implemented data governance aligned with NDMO, PDPL, and NCA to meet Saudi regulatory requirements.
Conducted a full data strategy engagement, including current state assessment, gap analysis, and capability maturity evaluation.
Delivered 10+ data policies and frameworks across NDMO domains and defined the data vision and mission with CXO collaboration.
Formed the data governance committee, defined a 3-year transformation roadmap, and recommended tools for Data Lake, DWH, ETL, BI, and AI adoption.
Value Proposition
Effective Data Management by establishing a modern data architecture.
Data Culture improvement across the organization
Data Governance was prioritized, and the organization started treating data as an asset.
New business use cases fuelled by data were possible now.