Kategorie-Archive: Banks

Data desert in the financial industry

Palturai is currently presenting the results of a series of projects in the financial industry in the area of data quality of company master data. The shocking finding: in an industry where accurate and up-to-date data is essential, data quality is often inadequate. Given the regulatory requirements, banks, insurance companies and other financial service providers should actually pay particular attention to reliable data. However, this topic does not yet seem to be sufficiently appreciated in many companies. At least this is reflected in the results of our projects. (more…)

Compliance at banks: better, simpler, faster

The economy is a huge network - but the data on business partners and corporate customers is often kept in isolation. Connections to each other or to other companies and decision-makers are almost always unknown. This means that many banks are wasting a great deal of potential, especially when it comes to compliance audits. (more…)

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