Obtaining adequate data quality (DQ) is one of the key challenges the banking Industry faces. The Tier 1 UK Banking Client engaged ACS to design and implement a suitable data quality validation framework for Group Risk and regulatory reporting purposes. . It is critical that data is generally processed efficiently through appropriate checks and cleansing processes to ensure that the data warehouse is both complete and contains data that reflects the true business facts, thus adequately supporting stakeholders in the decision making process.
Given the huge number of DQ checks that occur in most data warehousing processes, the proposed solutions needed to be both effective and reusable.
A Validation Framework solution was proposed and implemented by ACS. This not only addressed the inherent data quality issues across Group risk and Regulatory reporting but also provided a scalable and reusable solution that could be integrated with any Business Intelligence tool for Dashboard Reporting purposes (e.g. OBIEE, Crystal Reports, Business Objects etc.)
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