|
Login | ||
| Adding Value to Your Software Investment® | |||
|
|
|
|
Cleaner Data for Better Service and Security |
|
Over the course of time, every Financial Institution accumulates data from various sources that originated in different systems and software platforms. Different core processing systems validate data differently. Whereas every system is able to handle most of its internal links and pointers critical to the functioning of the system itself, large segments of data that is important to the function and processing of accounts often creeps in with gaps in validation. Depending on the situation or other compelling reasons of the moment, validation is bypassed or overridden for expediency. Even with the best of intentions of getting around to these items downstream they fall through the cracks and accumulate. In addition, software bugs, transient errors or insufficient validation also contribute and over a period of time, can result in the assimilation of sizeable amounts of data with errors. This software service addresses identifying these types of errors in fields and evaluating their validity by utilizing contextual information in conjunction with structure and format information. This process leads to the exposure of errors that may not be evident in the course of routine processing and saves many tedious hours of time and costs associated with manually identifying and correcting the data. If done properly, the ability to identify exceptions and address them can prevent a larger failure. |
||||
|
