The large, complex financial institution aimed to move away from the use of multiple tools for data quality and select a single, comprehensive solution for enterprise data quality management across the organization. Additionally, the banking group was responding to increasing pressure from the BCBS 239 regulation, which requires banks to report on both regulatory metrics and the quality of the data the metrics are based upon across the whole lineage.
The group therefore sought a tool which would enable compliance with BCBS 239 as a starting point and which could later meet any enterprise data quality needs that would arise.
Requirements for the solution included:
Early cooperation between Ataccama and the financial institution began with another regulatory-driven project for FSCS compliance. It continued with a separate project for their commercial bank, where Ataccama built a DQ monitoring solution to validate all data coming into the newly-built, hadoop-based Data Hub.
The banking group selected Ataccama as its enterprise-wide DQ solution in 2019, when the new phase of cooperation began with the BCBS 239 use case. The solution went live in June 2019, after which the organization entered a stabilization phase and internal review process. The banking group is currently awaiting external regulatory evaluation, and is poised to be among the first major organizations to achieve certified compliance.
Near-term plans with Ataccama include:
The organization utilized the Ataccama ONE platform modules for Data Quality Management and Big Data Processing. Ataccama ONE DQM is a powerful, business rule-driven platform module for complex data management that enables you to transform, standardize, cleanse, validate, correct, and enrich your data, and prevent incorrect data from entering your systems.
Ataccama ONE Big Data Processing & Data Integration covers the entire data integration, ingestion, transformation, preparation, and management process, including data extraction, import to a data lake and Hadoop, cleansing, and general processing.
A biotech company centralized product and customer data from hundreds of sources to build a robust and business-user friendly data governance solution.
Ein großes Pharmaunternehmen aus England verbesserte mit Ataccamas Softwarelösungen die Datenqualität innerhalb des Unternehmens erheblich. Dazu wurden Daten aus Quellsystemen mit der Stammdatenpflege-Plattform (Master Data Hub) abgeglichen und die Stammdaten dann bereinigt. Lesen Sie weiter