How Data Lineage Drives Business Value?
Data is becoming one of the most critical parts of almost every business – and in some cases, data is already the most important component for data-driven businesses.
Data has been around for a while, but there's no denying that the past few years have been critical ones. According to an IBM report on data, 90% of the world's data was created in the last 2 years, that's around 2.5 quintillion bytes of data created per day.
How To Minimize Data Migration Downtime
Data migration is one of the trickiest processes related to data. During the data migration downtime is a significant consideration due to its impacts on your business, even with when utilizing rapid data conversion services.
Key Components of Data Lineage
As data becomes more complex and dynamic, treating it effectively can also seem arduous and complicated. Especially with the increase in the amount of data being handled, processed and stored by companies.
That's why understanding the lineage of data is such a key aspect for organizations that depend on data.
Learning where the data comes from and all of its evolution has measurable and infinite benefits. Even the most simple data lineage can help companies build better processes and improve their operations.
Data Reconciliation Should Be Easier
It seems like an easy process. Identify differences in the numbers, data, or information, correct exceptions and move on. Unfortunately, it often does not prove that easy. Some of the reasons for that are:
Financial Data Aggregation Doesn’t Have to Be a Black Box
I’ve been in the Financial Services industry my entire career. More specifically, I have worked in and around the Investment Management sub-sector, mostly in the Middle- and Back-Office. In all that time, I have watched the ever-increasing need for data from a seemingly infinite number of counterparties, partners, and providers. Not only is the need for, and availability of, data not slowing down, it’s accelerating.