Eliminate Data Silos in Risk Reporting

Introduction: The Challenge of Cross-Company Risk Reporting

In today's data-driven enterprises, risk reporting is mission-critical. Yet, organizations—especially those operating across multiple countries and business units—face a persistent challenge: scattered data sources, inconsistent definitions, and communication breakdowns. When every team brings their own numbers and language to the table, aligning on a unified risk narrative becomes nearly impossible. This not only slows down decision-making but also puts compliance, data security, and business agility at risk.

The Reality: Data Silos and Lack of Common Ground

Many enterprises discover that their data, though technically in 'good shape', is fragmented across finance, risk, and operational teams. Each group may rely on its own metrics, calculations, and reporting tools. In practice, this means:

• Multiple versions of truth—different teams report different numbers for the same KPIs.
• Limited data visibility—stakeholders struggle to understand or trust reports from other teams.
• Inefficient manual processes—data is moved by hand, often via email, making it hard to control lineage and security.
• Compliance headaches—regulatory requirements differ by country, increasing the need for precise governance and access controls.

For example, a global risk manager describes, "We had data, but every team used different numbers. Nobody spoke the same language. It was complicated to get across one common message."

The Underlying Causes: Siloed Sources, Unclear Governance

• Geographical spread: Teams across 10+ countries and locations, each with similar but distinct data.
• Unclear data ownership: No one sure who owns which data or where it originates.
• Data security risks: Reports shared over email result in loss of control and potential compliance breaches.
• Legacy infrastructure: Existing systems are costly to overhaul, making change daunting.

The Solution: Keboola as a Unified Data Platform

Keboola enables organizations to overcome these challenges by providing a platform that:

• Connects and unifies multiple data sources without requiring a major infrastructure overhaul.
• Establishes common data definitions and a single source of truth, ensuring everyone speaks the same language.
• Implements robust data governance and security, including fine-grained access management and auditability.
• Supports agile, incremental projects—start small, scale fast, and control costs.

Key Features and Benefits

1. Unified Data Architecture

• Bring together finance, risk, and operational data into a standardized format.
• Build a strong reporting layer on top of existing infrastructure—no need for costly system replacements.

1. Layered Governance and Security

• Integrate Keboola with your existing identity management (e.g., Active Directory) for seamless user rights and access controls.
• Ensure data never leaves the secure environment, limiting exposure and maintaining compliance across global regulations.

1. Composable Enterprise Approach

• Design solutions as modular building blocks ("Lego blocks") that can be reused and recomposed for new projects, departments, or subsidiaries.
• Accelerate rollout to new countries or entities by leveraging existing integrations and definitions.

1. Democratized Data Access

• Make standardized metrics, ratios, and calculations available to all authorized users.
• Empower business users to self-serve analytics, freeing up IT and data teams for higher-value work.

1. Agile Project Delivery

• Start with well-defined, manageable projects—quick wins build confidence and momentum.
• Incrementally expand to tackle additional data sources, regulations, or business needs with minimal disruption.

1. Productivity and Time Savings

• Automate manual data collection, report creation, and distribution processes.
• Shift analysts from "data pushing" to value-added analysis and insights.
• Reduce reliance on PowerPoint presentations by providing real-time, self-service dashboards.

Real-World Impact: From Data Chaos to Intelligence Enablement

Enterprises using Keboola report:

• Faster report creation and reconciliation: "One creation of a report is much faster than playing around with PowerPoints. We don't have to copy-paste or track down sources—we trust the data is right."
• More robust and scalable governance: Every user and team can view only the data they're authorized to see, whether at the group, country, or department level.
• Reuse and scalability: "Once we set up a data integration for one country, we can quickly onboard others—it's plug and play."
• Compounding business value: New analyses and reports become instantly accessible across the organization, enabling rapid hypothesis testing and decision-making.
• Group-wide rollout: "We started using Keboola within one company, then expanded to others in the group and even external clients fighting similar issues."

Standardizing Data Definitions: The Power of a Shared Glossary

One often-overlooked key to success is creating and maintaining a company-wide data glossary. With Keboola, organizations can:

• Lock in consistent definitions for key metrics and ratios.
• Prevent ad-hoc or unauthorized changes to critical calculations.
• Ensure all teams are always on the same page—crucial for financial reporting, risk assessment, and regulatory compliance.

This "strong foundation" enables faster, more reliable reporting and analytics across the business. As one executive puts it: "We democratize the data and the outcomes, but control the inputs and definitions."

Compliance, Security, and Local Regulation

Operating across multiple jurisdictions means navigating a patchwork of laws and compliance requirements. Keboola's flexible access management and audit capabilities ensure:

• Only authorized users see sensitive data—no matter where they are.
• Complete audit trails for all data access and transformations.
• Seamless integration with existing security protocols and approval workflows.

Incremental Transformation Without Disruption

Unlike traditional "big bang" data warehouse projects, Keboola lets you:

• Retain your existing infrastructure—build on what you have, minimize cost and risk.
• Quickly connect new data sources, including spreadsheets or legacy systems.
• Focus on solving specific business problems—no need to rip and replace everything at once.

"We didn't need a big infrastructure change. Keboola layered on top of what we had and started working right away."

From Manual Tasks to Intelligence-Driven Culture

By automating data integration and reporting, Keboola shifts the focus from low-value "data pushing" to high-impact analysis and decision-making. Teams are empowered to:

• Test more hypotheses, faster—leading to exponential business insights.
• Spend less time on manual data collection and more on strategic analysis.
• Enable real-time reporting—no more waiting for PowerPoints or spreadsheets to circulate.

Measurable Results

• Significant time savings: Faster report creation and distribution.
• Resource efficiency: Same workforce delivers more reports and analyses.
• Cost control: Incremental project approach keeps budgets in check.
• Improved compliance: Automated access controls and auditability simplify regulatory reporting.

Best Practices for Successful Implementation

1. Map your data landscape: Identify and catalog all key data sources and pain points.
2. Start small, win big: Tackle a well-defined project first, demonstrate value, and scale from there.
3. Engage stakeholders early: Involve risk, finance, IT, and compliance teams to ensure buy-in and clarity.
4. Standardize definitions: Build and maintain a data glossary as the foundation for all reporting.
5. Leverage modularity: Reuse integrations, metrics, and reporting templates across projects and geographies.

Future-Proofing Your Data Strategy

With Keboola, organizations are positioned to:

• Respond quickly to changing regulations and business needs.
• Roll out solutions across new countries, entities, or subsidiaries with ease.
• Scale up analytics and reporting without bottlenecks or security risks.

Final Thoughts: From Fragmentation to Empowerment

Global organizations no longer need to choose between agility and governance, speed and control, or innovation and compliance. Keboola bridges these gaps, providing the unified data platform that empowers teams, ensures data quality, and unlocks intelligence at every level.

Ready to eliminate your data silos and transform your risk reporting? Keboola is the proven, scalable solution for enterprises seeking data democratization, governance, and agility.