RDR prep: Why we started by data 'cleansing'

The first thought I had when writing this article is how RDR has (for many of us) grown into an Armageddon-depicting event, which often defines firms by how they are placed on the curve towards (and through) this industry change. The truth is, even though our emotions will tell us this is a regulatory-imposed change, the actual parts of RDR (when viewed dispassionately), are certainly good things to be doing anyway, as an operational business. I was one of the first to sigh, on reflection because I realised how busy the in-tray would become with the necessary procedural changes; but w...