Leveraging Knowledge Graphs for Enhanced Regulatory Compliance in Finance by HSBC
A Talk by Sophia Paulett and Joseph K Iype
About this Talk
Imagine a world where relationships and connections are the very pillars of society. Knowledge Graphs are at the heart of turning this vision into reality. Often reality is shaped by our imagination, and this creative potential can be harnessed to weave real world entities into enterprise use cases. HSBC has increasingly been focused on leveraging knowledge graphs as a foundational technology to enhance service quality enabling more efficient data integration, contextual understanding and intelligence decision-making across various business processes.
In the financial sector, regulatory frameworks like General Data Protection Regulation (GDPR), the U.S. Office of the Comptroller of the Currency (OCC) guidelines, the Basel Committee for Banking Supervision’s 239 (BCBS 239), and Prudential Regulation Authority (PRA) standards demand rigorous data governance and reporting. Yet traditional data management systems fall short, unable to provide an interconnected, holistic view of the enterprise data landscape. This leads to inefficiencies and potential risks.
At HSBC, we leverage Knowledge Graphs to streamline and strengthen our data governance framework, ensuring compliance with ever-evolving regulatory standards. By creating an interconnected, real-time view of our vast data ecosystem, we can proactively manage risk, improve operational efficiency, and enhance reporting accuracy, this cutting-edge approach allows us to navigate regulations with confidence while delivering greater value to our clients and stakeholders.
In this presentation, we will uncover how Knowledge Graphs particularly Resource Description Framework (RDF) graphs, can transform regulatory reporting and compliance in finance, delivering a proactive and powerful solution for data governance, which translates to enhancing customers trust in HSBC.
About The Speakers
Product Owner for Graph, HSBC
Graph enthusiast with 6 years specialization in RDF graphs and overall 11 years of experience in Finance and Banking Data management implementation. Currently the Product Owner for Graph based enterprise solution that is used for various regulatory compliance at HSBC .
We’re a cloud tech company that provides organisations around the world with computing infrastructure and software to help them innovate, unlock efficiencies and become more effective. We also created the world’s first – and only – autonomous database to help organise and secure our customers’ data.
