Astera

FEBRUARY 9, 2024

End-to-End Credit Risk Assessment Process The credit risk assessment is a lengthy process where banks receives hundreds of loan applications daily from various channels, such as online forms, email, phone, and walk-in customers. The data is stored in different locations, such as local files, cloud storage, databases, etc.

Banking 52

Banking Data Warehouse Data Quality Data Security 52

Astera

FEBRUARY 9, 2024

The data is stored in different locations, such as local files, cloud storage, databases, etc. The data is updated at different frequencies, such as daily, weekly, monthly, etc. The data quality is inconsistent, such as missing values, errors, duplicates, etc.

Data Warehouse 52

Data Warehouse Data Quality Data Security Monitoring 52

Astera

NOVEMBER 1, 2023

For example, Basel III requires banks to establish robust data governance frameworks for risk management, including data lineage, data validation, and data integrity controls. This structure prevents data quality issues, enhances decision-making, and enables compliant operations.

Data Governance 40

Data Governance Government Data Quality Banking 40

Astera

NOVEMBER 1, 2023

Data warehouses have risen to prominence as fundamental tools that empower financial institutions to capitalize on the vast volumes of data for streamlined reporting and business intelligence. Efficient Reporting: Standardized data within a data warehouse simplifies the reporting process.

Data Warehouse 52

Data Warehouse Finance Data Quality Banking 52

Astera

DECEMBER 18, 2023

From managing customer transactions and financial records to dealing with regulatory requirements and risk management, data plays a crucial role in every aspect of banking operations. This data is categorized as big data, a term denoting “large, diverse sets of information that grow at ever-increasing rates.”

Finance 52

Finance Banking Real-time Data Data Warehouse 52

Astera

DECEMBER 18, 2023

From managing customer transactions and financial records to dealing with regulatory requirements and risk management, data plays a crucial role in every aspect of banking operations. This data is categorized as big data, a term denoting “large, diverse sets of information that grow at ever-increasing rates.”

Finance 40

Finance Banking Real-time Data Data Warehouse 40