Data Unification – just when you thought it was safe to go back in the water…
July 27, 2011
Sitting by the sea, you have just finished your MATLAB reading and now are wondering what to read next?
We have just published our "TimeScape Data Unification" white paper. Not a pocket edition I am afraid, but some of you may find it interesting.
It describes how – post-crisis – a key business and technical challenge for many large financial institutions is to knit together their many disparate data sources, databases and systems into one consistent framework than can meet the ongoing demands of the business, its clients and regulators. It then analyses the approaches that financial institutions have adopted to respond to this issue, such as implementing a ETL-type infrastructure or a traditional golden copy data management solution.
Taking on from their effectiveness and constraints, it then shows how companies looking to satisfy the need for business-user access to data across multyple systems should consider a "distributed golden copy" approach. This federated approach deals with disparate and distributed sources of data and should also provide easy and end-user interactivity whilst maintaining data quality and auditability.
The white paper is available here if you want to take a look and if you have any feedback or questions, drop us a line!