Reference Data Case Studies

Data Solutions

  • June 11, 2017
  • Case Study
Overview

Includes case studies on the following topics:

  • Building a Central Data Repository
  • Satisfying Regulatory Reporting
  • Know Your Customer (KYC) Compliance
  • Cleaning up a CRM
  • Building Credit Models
Challenges
  • Maintaining and synchronizing over 200 wholesale customer systems with data inconsistencies and limited cross-referencing
  • Customer and prospect data sourced from seven different data vendors were often in conflict
  • Cross-mapping information from over 100 data silos covering around 50,000 unique entities and validating against external data vendors
  • Meeting Solvency II reporting requirements when there were no common identifiers between their sources for entity information, entity ratings and credit risk metrics.
  • Monitoring changes to the regulated and listing status of over 5,000 entities as part of their onboarding and compliance process.
  • Monitoring changes in the regulatory status for each of its corporate banking clients to identify and prevent fraud.
  • Building credit models from a single file that identified an entity’s credit rating, regulatory status, ownership, former names and security trading history to assess the default probabilities of its counterparties.
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