Regulators are turning up the heat on data quality management in financial institutions. Some regulations require named senior management ownership of the data governance function. Others come at the same issue indirectly, demanding proof of quality processes used by financial institutions to make their regulatory filings. Either way, the objective is the same – to require a named person to bear responsibility for the correctness of data used to run the business and construct routine regulatory filings. The message from politicians is clear – in the next crisis, if the filings were wrong, somebody is going to jail.read more..