http://www.datanomic.com The fast track to Data Quality Tue, 06 Jan 2009 10:04:55 +0000 http://backend.userland.com/rss092 en Any institution that aids criminal activity – knowingly or not – is putting its reputation, profits and possibly its future at risk. It has become a matter of critical importance for financial services providers to have rigorously accurate data on every organization, every group and every individual with whom they interact. ... http://www.datanomic.com/dq-solutions/sanctions-pepscreening/datanomic-sanctions-pep-screening-the-multi-market-solution/ The Datanomic Risk Assessment delivers a quantified assessment of compliance risk, based on screening a sample of an organisation’s customer database. The auditors use Datanomic’s powerful Compliance Screening software and your preferred Sanctions & PEP Screening list. http://www.datanomic.com/dq-solutions/sanctions-pepscreening/risk-assessment-from-datanomic/ If you work for a financial services institution, there’s an 85% chance that right now your company is breaking the law. Whilst no respectable financial institution or employee wants to deliberately breach legislation, as any lawyer will tell you, ignorance of the law is not a defense – especially when ... http://www.datanomic.com/dq-solutions/sanctions-pepscreening/money-laundering-misconceptions-the-7-myths-every-mlro-should-know/ The pressure is on for businesses to fortify their systems against access by money launderers, terrorists and others whose activities may compromise foreign policy or national security. The fact is, any institution that aids criminal activity - knowingly or not - is putting its reputation, profits and possibly its future ... http://www.datanomic.com/dq-solutions/sanctions-pepscreening/watch-pep-list-management-are-you-committed-to-compliance/ At times of financial crisis, stressed mergers and acquisitions within the financial sector often result in data chaos which can have a severely damaging effect on the efficacy of the integration of the newly conjoined organisations. Accelerated acquisitions do not allow adequate time to identify ‘data blind spots’ or consolidate customer ... http://www.datanomic.com/dq-solutions/data-integration-migration/data-risk-audit/ The Compliance Challenge Money Laundering Reporting Officers (MLROs) and Risk Managers are faced with increasing ‘know your customer’ (KYC) challenges related to regulatory requirements that are designed to stamp out fraud and other illegal activity. The fact is that if you’re doing business with money launderers, fraudsters, known terrorists and other ... http://www.datanomic.com/dq-solutions/sanctions-pepscreening/dndirector-for-sps/ Businesses worldwide spend large sums of money installing, upgrading and enhancing their applications. This work can become over complex, time consuming and expensive and, as a result, the data migration efforts that support them can often be perceived as a subordinate cost. Too often this view creates an over-simplified and ... http://www.datanomic.com/dq-solutions/data-integration-migration/dndirector-for-data-migration-and-integration/ Datanomic can provide you with a customized, quick start ‘Customer Information Quality Assessment’ (C-IQA) consultancy project that takes a snapshot of all of your key customer data and provides a multi-tiered report that identifies: Duplicates Missing data ‘Dummy’ data Field abuse Address quality (referencing datasets from postal authorities) Data completeness Pattern consistencies Value frequencies and standardization issues Outliers Our C-IQA ... http://www.datanomic.com/dq-solutions/customer-dq/datanomic-customer-information-quality-assessment/ Bad Customer Data - Impact Poor quality customer data can have a significant impact on customer service, operational efficiency and financial performance. Inaccurate and duplicated records can leave organizations with a fragmented, incomplete view of customers, which reduces the ability to recognize opportunities to sell new goods and services. Companies usually ... http://www.datanomic.com/dq-solutions/customer-dq/dndirector-for-customer-insight/ Optimize the Data, Minimize Your Customer Data Migration Risk When migrating customer data to a new or existing application, it’s hard to see beyond the technical issues at hand - moving the data and preserving basic data integrity. But the true success of a data migration project can only be measured against ... http://www.datanomic.com/dq-solutions/customer-dq/dndirector-for-customer-data-migration/