Gaining Trust in Your DFS 504 Compliance Approach
The Importance of Data Integrity, Accuracy, and Quality ValidationSince going into effect on July 1, 2017, DFS 504 has required FIs to maintain a BSA/AML transaction monitoring system. Gaining complete data environment visibility, validating high data quality, and streamlining DFS 504 program updates all become possible with an automated data lineage solution. Read this whitepaper to find out more about automated data lineage.
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"DFS 504 is a complex regulatory requirement that FIs operating in New York must comply with. To do so successfully, a deep understanding of data lineage is necessary."