Maybank Enterprise MIS Framework

Maybank  Enterprise MIS Framework

In conjunction with Maybank has been in the business for last 50 years, former Maybank Group CCO Datuk Johar Che Mat in his last year service with Maybank Group has commented the important of MIS in the Maybank future progress. His statement as for the following below mentioned.
Maybank’s success for the last 50 years since inception can be linked to our ability to remain innovative and relevant with the change of time. Indeed, successful organisations are those that continue to remain relevant over time. They adapt to the changing environment, and continue to update their knowledge and tools of trade. Malaysia is a good example. While traditional weapons such as keris and tombak remain our national heritage, we now have advanced fighter jets, submarines, military intelligence, etc. as our tools of national security in the modern world.
Today, we are competing in the “Information Age” that is characterised by massive volume and high speed of information. In recent years, we are confronted with a phenomenal growth in data and information that are delivered at increasing speed like never before. To win business in the Information Age, we must adopt the data management practices of the Information Age. The ability to align enterprise data and information to our business needs is crucial.
Hence at Maybank, we regard data and information as strategic assets and treat them as such. All of us work with data that is relevant to our respective functions. Anything we do, or don’t do, to that data will affect its value as data travels across many systems throughout the Bank. A wrong customer name or address for instance, will affect the accuracy of information and our relationship with the customer. For this reason, every employee of the Bank must be aware of the implication of their actions on the data they come in contact with in carrying out their daily work.
The Maybank Enterprise MIS Framework is established to serve as a common guide to help us manage the rapidly growing volume and complexity of enterprise data, and to put in place the processes and technology needed to enhance the value of this asset to our business. It is also intended to help upgrade the standards of our MIS and data management practices, the quality and integrity of data and information, as well as the enabling data architecture, in order to support our business aspirations.
Additionally, the MIS Framework will ensure our compliance with Bank Negara’s guidelines and expectations relating to MIS and data management. Bank Negara of course, as the financial services regulatory authority, continues to set and raise the benchmark on standards and practices of the regulated financial institutions to ensure that we remain competitive at the international level.
Please refer to the MIS Framework for guidance on MIS and data management requirements, principles and practices as appropriate. It is intended to be a living document and will be updated from time to time to ensure that our MIS and data management standards and practices remain relevant to our business in the ever-changing business environment (Datuk Johar Che Mat, 2010).


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