A common issue today’s data-driven financial institutions face is tracking data throughout their development lifecycle. Data needs to be tracked as it is utilized, manipulated, and transformed throughout the organization. Knowledge graphs enable financial institutions to trace their data journey in the right context, to identify missing links and provide smart recommendations while improving the quality and auditability of their data flows. Additionally, today's controls within organizations are not equipped to respond to the rapidly transforming world, where the risk landscape is in a constant state of flux. Representing risk control frameworks using knowledge graphs, enabled our clients to build and sustain a mature control environment, while managing their evolving risk landscape. In this article, we present the results of our work on applying knowledge graphs and graph technologies within Deloitte risk advisory practice.
