The Importance of Data Quality for the Cloud and AWS

First Eigen

The Importance of Data Quality for the Cloud and AWS Data stored in the cloud is notoriously error-prone. In this post, you’ll learn why data quality is important for cloud data management – especially data stored with Amazon Web Services (AWS). With every step that error-ridden data moves downstream, those errors get compounded – and…

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3 Top Big Data Uses in Financial Services

First Eigen

3 Top Big Data Uses in Financial Services Data warehouses, lakes, and cloud services are notoriously error prone. In the financial services (FinServ) sector, this is unacceptable. Unmonitored, unvalidated, and unreliable data places these firms at risk due to the sensitive nature of the big data they manage. If your FinServ firm needs solutions for…

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The A-to-Z Guide to Data Quality Testing

First Eigen

Data quality testing guards your business against low-quality data. If the quality of your company’s information assets is impacting revenue, it’s time to consider a solution. Companies from every industry rely on accurate data for analysis and data-driven insights. Without this information, businesses struggle to remain competitive, productive, and profitable within their market. For example,…

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What is Data Monitoring and Why Do You Need It?

First Eigen

What is Data Monitoring and Why Do You Need It? Organizations leverage information to make decisions that affect people and revenue. Data monitoring plays a role by ensuring that any data submitted is reliable and meets the criteria of an organization. It keeps checking the data to verify that it still holds to the rules…

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Poor Data Quality regulatory nightmare for a major Bank

First Eigen

Bank wrongly collects debt from customers due to IT errors. One of Europe’s reputed progressive banks is Danske Bank (Denmark). They pride themselves in excellent customer service and ethical treatment of their customers. Recently, much to their reputational embarrassment they collected outdated and excessive debt from up to 106,000 customers due to errors in its…

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