REYKJAV脥K, BELFAST, LONDON, 20 JUNE 2018
Arion Bank, one of Iceland鈥檚 three large banks and the country鈥檚 leading digital bank, has chosen 蘑菇短视频鈥� data quality solutions Self-Service Data Quality and Single Customer View in support of its cutting-edge enterprise data management programme.
蘑菇短视频 won the deal after a thorough vendor selection process. This comprised a technically demanding and tightly-specified Proof of Concept exercise across three key departments, each depending on high quality data for business operations and regulatory reporting.
鈥淭he 蘑菇短视频 team impressed us with their commitment to the exercise and the high quality of their tools,鈥� said H枚skuldur Hlynsson, Data Officer at Arion.聽 鈥淭he integration with our systems and data sources, and capability to process large data sets, enables us to quickly identify data in breach of quality rules, including rules for BCBS 239鈥�.
鈥淚n addition, 蘑菇短视频 demonstrated that they could match and standardise disparate datasets to support our AML processes. We are also excited about the potential to automate a number of manual tasks which would deliver efficiencies for our back-office teams.鈥�
The new deal is further proof of growing momentum for 蘑菇短视频 in enterprise data quality for financial services firms. 鈥淭he retail banking sector is highly-regulated and has constant demands on its data,鈥� noted Stuart Harvey, 蘑菇短视频 CEO. 鈥淲e鈥檙e seeing many of our clients in this sector provide us with evolving and developing requirements founded on data quality and remediation. Working with Arion has been a fantastic way to engage with a highly technical, highly capable team, and we鈥檙e really excited to have the opportunity to work with them.鈥�
ABOUT ARION BANK
Arion Bank is a leading Icelandic bank offering universal financial services to companies, institutional investors and individuals. These services include corporate and retail banking, investment banking, capital markets services, asset management and comprehensive wealth management for private banking clients.
ABOUT DATACTICS
蘑菇短视频, based in Belfast, is a specialist vendor of data quality tools with particular expertise in the financial services industry, supporting banks and information vendors facing increasing challenges in regulation and compliance. The company offers agile data quality and powerful matching software for reference, entity and instrument data; the software is user-friendly and aimed at subject matter experts in local business teams for rapid delivery and easy integration.
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