Data management – strategy & roadmap

The objective of the project is to implement a digital transformation strategy within the Bank over a period of three years, aimed at effectively managing and leveraging data as a valuable asset. The overall objective is to streamline data management practices to ensure that data can be easily located, accessed, integrated and reliably reused, while complying with regulatory frameworks established by Saudi Arabia's government agencies (such such as SDAIA, SAMA, NDMO, NCA), international data management standards (including DAMA, ISO27000, ISO38000, GDPR), and international banking regulations (BCBS). The project scope encompasses improving data management (DM) maturity levels both domestically and internationally, establishing a robust DM framework with appropriate controls, and improving compliance scores DM and privacy through the implementation of regulatory standards.