When it comes to a financial firm’s risk, a single piece of incorrect data can quickly trickle down the pipeline, resulting in settlement losses, regulatory fines, and trading errors. Without an end-to-end (E2E) view of data quality, firms may make decisions based on inaccurate data and insights, leading to missed opportunities and stakeholder dissatisfaction.
Additionally, firms struggle to quickly perform root-cause analysis and identify bottlenecks due to data silos. This process is costly, laborious, and error-prone. Without efficient exception management and root-cause analysis, institutions experience negative operational impacts.
The platform continuously measures data quality using four important dimensions: completeness, correctness, consistency, and timeliness across workflows, datasets, transactions, and events.
Cuneiform Data Quality Monitoring enables firms to rapidly define and deploy data quality rules and controls across their workflows, applications, and systems.
The solution offers real-time Business Workflow Lineage™, with traceability and auditability of source data. Firms gain more accurate insights through This End-to-End (E2E) data quality offers efficient and timely standardization and harmonization of data, leading to more accurate insights and confident decisions.
Cuneiform Data Quality Monitoring calculates a data quality score and prioritizes each error based on the total business impact of data quality issues across the entire workflow.
With continuous data quality monitoring across internal and external datasets, firms can quickly identify, address, and resolve exceptions quickly and efficiently to eliminate manual processes.
The solution also offers a self-serve, drag and drop interface to dynamically create, configure, and execute data quality rules without significant coding knowledge.
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Getting started is easy. Begin with one workflow and learn as you grow. With our platform you can scale quickly.
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Cuneiform is cloud-native so deployment is fast and easy. You can realize platform benefits in days and get to your ROI much faster.
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Forget about upfront costs for good! No hardware requirements, no complicated cost calculations. Pay per seat and select the right tier that fits your business.
Danny Green, Head of Post-Trade Processing, Broadridge International
Data is one of the most valuable assets a financial institution can have; however, its existence alone does not guarantee success. Data is only as valuable as the business processes, decisions, and interactions it enables.