Seacoast chooses Talend’s data quality and compliance solution
Florida’s Seacoast Bank has chosen Talend Data Fabric to ensure regulatory compliance, reduce costs with automation and speed up data analysis, reports Jane Connolly.
To help streamline review processes and reduce manual tasks, Seacoast Bank built a 0-100 scale index to give an overall indication of data quality. Six factors are considered: accuracy, completeness, conformity, consistency, uniqueness and validity.
The index, which can also track data quality over time as the bank evolves, uses Talend to make data quality understandable to business users throughout the organisation.
“Being heavily regulated, banks understand the need for data governance more than any other industry,” says Mark Blanchette, SVP, director of data management and business technology, Seacoast Bank. “That made it easier for us to put in place this innovative data quality framework that facilitates compliance.”
He adds: “More importantly, it helps us be responsible data caretakers who can rely on high-quality data to better know and serve our customers.”
Talend says that its solutions enable customers to spend more time on analysis and maximising their business benefits.