Most financial institutions recognise that collecting, storing and using data are important activities that need due consideration, investment and governance.
However, the critical question of data retention - a complex issue fraught with risk - often receives less attention.
In this article Sophie Rothbarth from BeyondFS explains the challenges of data retention, and how to achieve the ‘Goldilocks’ middle ground of retaining data for just the right amount of time. Long enough, but not too long.