Data Pyramid and Importance of Data Quality – Dr Anuradha Bhatia, Standard Chartered Bank

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Session Outline

This session emphasizes on the fact that the data life cycle is a crucial aspect of managing information. The data information life cycle encompasses various stages and processes. Data quality, in a nutshell, involves compliance with industry regulations. Data quality audits play a significant role in adhering to BCBS239 standards.

Key Takeaways

  • PACT – dimensions of data quality are critical to enabling effective MDM.
  • Focus on continuous data management and improvement as key to data quality strategy.
  • Orchestration, harmonizing and synchronising multiple data items is extremely important while creating business objects.
  • MDM typically delivers a “hub” infrastructure to source and distribute master data and governance is important for data quality

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