establishing data governance and data lineage based on DCAM practices and Corporate Memory drill back capabilities,
allowing for the definition of data workflows,
allowing for the definition of flexible multidimensional and poly-structured data model,
allowing for the definition of hadoop based horizontal scale out,
feeding quality dashboard solutions like MicroStrategy.
Governance and Infrastructure
eccenca Corporate Memory is designed to provide a solution to all three pillars by leveraging and complementing DCAM and FIBO. Specifically in terms of governance and infrastructure BCBS 239 asks to make data quality a C-level responsibility.
It further requires financial organizations to effectively perform data aggregation across organizational borders and to adopt and implement agile principles, especially to cut response times in crisis. The eccenca solution approach starts by defining data governance based on DCAM best practices and industry benchmarks.
This allows to quickly spot gaps and to prioritize them.
Next is the alignment of organizational data to a common framework of meaning, which effectively means to map your operational data structure to FIBO. After identifying the most urgent areas for action and the establishment of a data virtualization layer we start to create flexible custom views, in order to drive your regulatory processes, feed your KPIs, etc. – everything without hard coded Data Warehouses.
Risk Data Reporting
The pillar of risk data reporting characterizes requirements like:
a timely creation of validated risk reports,
the integration of all material risk fields,
transparency on scope as well as on precision and weaknesses.
eccenca Corporate Memory addresses these needs by offering market leading reporting tools as a service. Furthermore Corporate Memory provides quality KPIs as metadata on top of your datasets.
ENSURE DATA GOVERNANCE AND BCBS 239 COMPLIANCE
Revolutionize your corporate data landscape and establish full risk data transparency.