J&T is one of central Europe’s most well-known banks and certainly the most important private banking and wealth management institution in the region. As such, their clients expect a very high degree of quality when it comes to financial products. Ever since adopting Accurity, J&T Bank has raised the quality of their reporting to ECB and other national and international regulators to the same degree!
J&T Bank suffered from low-quality data creeping into their regulatory reporting, risking government fines in the process. They set out to find a tool that would help them not only efficiently detect low-quality data but also eliminate low-quality data being created, to begin with!
data quality rules being run daily
data sources containing regulatory data checked daily
of data quality requirements come ad hoc from the regulatory department and are immediately checked against data quality rules
is all it takes to fully polish a new data quality rule and eliminate data quality issues of a data attribute
Thanks to the awareness Accurity helps spread about data quality, we no longer encounter the data quality issues that we fixed in the past. Data quality rules have become enshrined in the data entry process. I firmly believe that if we had rules over all our data, there would be no bad data quality in our reporting whatsoever.
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