Efficient IT processes for bank control and risk management are crucial to the success of banks. Here, spiralling regulatory and internal requirements lead to a significant rise in the complexity and volumes of managed data. But aside from a performant IT infrastructure, aspects of data quality are becoming increasingly vital as well.
Correct and complete data are core elements in a plethora of vital front-to-end processes and therefore represent a significant asset. Weaknesses in the quality and usability of data impact negatively on the effectiveness of processes and systems and can hence make the task of efficient bank management more difficult.
On request, a DQ tool (third-party software) can be implemented efficiently to support key elements of data quality management. We have the necessary expertise and contacts in this regard to identify the ideal solution for your requirements within the framework of a software selection process.