SOURCE: Trillium Software, A Harte Hanks Company

Trillium Software, A Harte Hanks Company

February 24, 2015 08:00 ET

Trillium Software's Jon Asprey Invited to Address BCBS 239 at Annual GARP Risk Professionals Event

BOSTON, MA--(Marketwired - Feb 24, 2015) - Trillium Software®, A Harte Hanks Company (NYSE: HHS) and leading global provider of data quality solutions, announced today that Jon Asprey, vice president, product management for financial services solutions, has been invited to speak at the Global Association of Risk Professionals (GARP) 16th Annual Risk Management Convention in New York City. Mr. Asprey will present "BCBS 239 and Data Aggregation" on Tuesday, February 24 at 1:30 p.m. Eastern.

Mr. Asprey will discuss how establishing sustainable data governance processes and automating the verification of risk data quality provides firms with assurance over their data submissions and delivers greater transparency to regulators. Attendees will learn how to apply these concepts in tangible ways to accelerate BCBS 239 compliance.

"To materially improve data management, banks should establish a data governance framework that not only identifies data quality issues but also clearly defines how issues are reported, assigned to owners, resolved and then ultimately how the organization has impacted its risk exposure," said Mr. Asprey. "Risk executives need to uncover what they know and don't know about their data; they must strive to identify defects early in the data preparation and reporting process, as even minor data errors are magnified when information gathered from across multiple feeds within an organization is aggregated."

According to the Basel Committee, nearly half of all banks surveyed last year reported material non-compliance on BCBS 239 principle 3, accuracy/integrity. Many banks continue to encounter difficulties in establishing strong data governance, and ratings actually declined from 2013 to 2014 with regards to banks' ability to produce reliable risk data for accurate risk reporting. Supervisors recommend minimizing the use of manual systems and highlight the importance of enhancing quality controls, however, many banks continue to rely on manual workarounds which strain resources and hinder report accuracy and timeliness. Trillium's Self-Service Data Assurance Solution empowers financial institutions to enhance their BCBS 239 compliance initiatives. At the GARP Convention, Jon Asprey will share success stories on how the Trillium Solution can help risk professionals across the globe with BCBS 239 compliance.

Jon is responsible for product strategy and development of the solutions portfolio for banking and capital markets. He has over 15 years' experience in information management, data quality management, data governance and analytics. During the course of his work, Jon has advised senior business officers at global financial services firms in support of Governance, Risk and Compliance initiatives within credit risk and regulatory compliance initiatives linked to FATCA, KYC/AML, BCBS239, Dodd-Frank, CCAR, Basel II, Solvency II, customer deposit guarantee (FSCS) and credit risk data assurance.

For more information about the GARP conference or to speak to Trillium Software about BCBS 239 compliance solutions, please contact (978) 436-8900 in the United States, in the United Kingdom call +44 (0) 118 940 7666 or visit Trillium Software online at http://www.trilliumsoftware.com.

About Trillium Software
Trillium Software, A Harte Hanks Company, is a leading, global enterprise data quality solutions provider. Our data quality specialists help organizations achieve increased business from their data management initiatives and existing business-critical processes by providing enterprise data profiling and data cleansing software and services. Trillium offers industry-specific business solutions that help solve data problems experienced by financial services, banking, retail, healthcare, manufacturing, and risk, professionals. Trillium's full complement of technologies and services includes global data profiling, data cleansing, enrichment, and data linking for e-business, Big Data, customer relationship management, data governance, enterprise resource planning, supply chain management, data warehouse, and other enterprise applications. For more information about Trillium Software and its offerings, call (978) 436-8900 in the United States, in the United Kingdom call +44 (0) 118 940 7666, and +49 7031 714756 in Central Europe, or visit Trillium Software online at http://www.trilliumsoftware.com.

Harte Hanks (NYSE: HHS) is one of the world's leading, insight-driven multi-channel marketing organizations, delivering impactful business results for some of the world's best-known brands. Through strategic agencies and our core marketing services, we develop integrated solutions that connect brands with prospects and customers, moving them beyond awareness to transactions and brand loyalty. Visit the Harte Hanks website at http://HarteHanks.com or call (800) 456-9748.

As used herein, "Harte Hanks" refers to Harte Hanks, Inc. and/or its applicable operating subsidiaries, as the context may require. Trillium Software®, Trillium Software System®. Harte Hanks' logo and name are trademarks owned by Harte Hanks. All other brand names, product names, or trademarks belong to their respective owners.

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