Blog

CEO Vision – Self-Service Data Quality for DataOps 

5 May 2020

At the recent A-Team Data Management Summit Virtual, Datactics CEO Stuart Harvey delivered a keynote on “DataOps – Why it’s the next big thing in financial services.” The keynote (available here) can be read below, with slides from the keynote included for reference. Should you wish to discuss the subject with us, please don’t hesitate …Read More

Focus On Retail Banking – Part 1: What is driving the need for data quality metrics in retail banking?

1 June 2020

This year’s London Marathon has been postponed to the 4th of October. Even if it is months away now, it still presents a titanic challenge that has long dominated the human psyche: the will to finish, to get over the line, to win.   The official app contains a feature to help friends, family and …Read More

Practical AI – Explainable AI with Dr. Fiona Browne

26 May 2020

  The AI team at Datactics is building explainability from the ground up and demonstrating the “why and how” behind predictive models for client projects. Matt Flenley prepared to open his brains to a rapid education session from Dr Fiona Browne, Dr Raghad Al-Shabandr and Kaixi Yang.   One of the most hotly debated tech …Read More

The future is… accidentally biased?

15 May 2020

AI Bias Every now and then a run-of-the-mill activity makes you sit up and take notice of something bigger than the task you’re working on, a sort of out-of-body experience where you see the macro instead of the micro.     Yesterday was one such day. I’d had a pretty normal one of keeping across …Read More

Practical AI – AI Ethics with Dr Raghad Al-Shabandr

14 May 2020

AI Ethics Raghad Al-Shabandr is one third of Datactics’ all-female AI team, with a PhD in Machine Learning from Liverpool John Moores University. In this blog, Matt Flenley sat down with Raghad on the subject of AI Ethics; to ask her to go into more detail on some questions that need to be answered to …Read More

DaveOps – Mixed Results – Working From Home Week 6

5 May 2020

 It didn’t work. Why? Wait, it did work. Why?  Another week in lockdown, another week of highs, lows and everything in between. How have you all fared? Its had to believe that we have today entered a new month, April even in lockdown seemed to fly by. I wonder what May will bring? Here at …Read More

DaveOps – No Fault Found – Working From Home Week 5

5 May 2020

WOW! Week #5. Can you believe it? In some ways it seems much longer and yet in others it feels like the 5 weeks have flown by. As I have alluded to in these updates, things have still been moving at a hectic pace here, so perhaps being busy is the key to making the …Read More

Data Management Summit Virtual – Unlocking Data Value with Kieran Seaward

29 April 2020

  At last week’s Virtual Data Management Summit, the A-Team’s CEO Angela Wilbraham sat down for a Q&A on all things data quality and unlocking data value with our Head of Sales Kieran Seaward.   Topics covered in this interview are: – The biggest issues in data management right now (0:31) – Why data quality …Read More

DaveOps – Gotta Keep on Keeping on – Working From Home Week 3 & 4

27 April 2020

Did the public holidays catch anyone else by surprise either last week or this? I have to admit to that I am afraid and I also admit to the prospect of 2 days off not being met with joy due to the lockdown. Anyway, they have been and gone and here we are now at …Read More

CTO Vision – Beyond Data Prep – Whitepaper SSDQ

23 April 2020

  Whitepaper SSDQ – As featured in the recent A-Team webinar, we’ve been strong advocates of a self-service approach to data quality (SSDQ), especially when it comes to regulated data types and wide-ranging demands on a firm’s data assets. This whitepaper, authored by our CTO Alex Brown, goes deeper into the reasons why this approach is …Read More

DaveOps – The Beat Goes On – Working From Home Week 2

9 April 2020

We have had a big week here in Datactics as we welcomed not 1 but 3 new members of staff working from home with all the fun that has brought, making sure everything was set up on time and that the remote welcome was just as warm as if we were together in the office. …Read More

Webinar – Best Practices For Creating A Data Quality Framework

8 April 2020

  Chief Technology Officer, Alex Brown featured as a panellist in Data Management Insight’s webinar discussing the best practices for creating a data quality framework within your organisation.      What’s the problem? A-Team Insight outlines that: “Bad data affects time, cost, customer service, cripples decision making and reduces firms’ ability to comply with regulations. …Read More

DaveOps – Working From Home – Week 1 #Done

3 April 2020

Like most, here at Datactics we are just finishing up our first full week of ‘Working from home’. In line with government advice, we made the decision to close our office in Belfast and to port the entire workforce over to WFH last weekend. As the guy in charge of making sure everything worked as …Read More

Why You Should Read The European Banking Authority Report on AI and Big Data

13 February 2020

    You might have missed this highly informative report from the European Banking Authority (EBA)  – because the title didn’t contain the popular buzzwords of Artificial Intelligence – AI or Machine Learning – ML (nor does the front cover have a picture of a robot!). But for anyone who is trying to understand the challenges ahead for …Read More

5AMLD & Data Quality: New Regulation, Same Problems?

27 January 2020

With the EU’s fifth Anti-Money Laundering directive (5AMLD) having gone live on the 10th January, Matt Flenley took some time with Alex Brown, CTO at Datactics, to find out what implications there are when it comes to data quality. Firstly, what do you think are the biggest impacts for firms? Naturally we’re going to focus …Read More

How Datactics helps Santa with his Data Quality Issues

19 December 2019

  Yes of course Santa has data quality issues! Everyone has data quality issues. In this article we outline how Datactics software can help Santa improve the efficiency of his pre-Christmas operations and have a stress free Christmas Eve delivery and a relaxing Christmas Day.   Data Quality Firewall, REST API, Data Quality Remediation Datactics …Read More

Transliteration matching in Japanese, Chinese, Russian, Arabic and all non-Latin data sets

25 October 2019

Here at Datactics we’ve recently done a number of Transliteration matching tasks helping people with Japanese, Russian Cyrillic and Arabic data sets. Transliteration matching can seem challenging, especially when presented with text that you don’t understand, but with the right techniques a lot can be achieved – the key is to really understand the problem …Read More

Top 5s Just In: Money 20/20 Europe

20 June 2019

Money 20/20 Europe: Matt’s Snap Judgement     Fresh from landing back in Belfast, Matt Flenley takes some time to reflect on the five major things he thinks about Europe’s self-proclaimed largest fintech event…     1. Money 20/20 needs more banks to engage fintechs at the event, and for app usage to be a …Read More

Par Equity Leads Investment in Datactics

14 May 2019

  Belfast, London, New York, Brussels, Milan, 14th May 2019   Scottish investment firm co-ordinates £1.2m round with involvement from Par Syndicate, the Par EIS fund and Kernel Capital.   We are pleased to announce the closing of a £1.2m round of investment led by Par Equity, the Edinburgh investment fund, marking the completion of …Read More

Datactics releases free Sanctions Matching Engine for AML & KYC

20 March 2019

Cloud-based tool cross-references against combined OFAC, EU and UK sanctions lists Belfast, London, New York, Brussels, Milan, 21st March 2019 In the latest demonstration of its powerful data matching capabilities, Belfast-based “RegTech” provider Datactics is today releasing a scalable, fast, fuzzy-matching tool to help AML teams with time-consuming sanctions screening work. This free, limited-use service …Read More

Datactics LEI Match Engine Now Includes SWIFT BIC!

30 July 2018

We are pleased to announce that the latest version of the Datactics LEI Match Engine and health check now includes matching fuzzy matching of entity name to SWIFT BIC code. The SWIFT BIC data is provided by the GLEIF open source SWIFT to LEI mapping that was introduced in February this year. This latest change helps underline that the …Read More

You Are What You Eat

6 February 2018

Congratulations, blog fans! We’ve made it to the end (well almost, you have to read this one first). Now, if you’ve ever worked with or for a bank you’ll know that over the years that bank will have collected a lot of data. Loads of it. An amount I believe is scientifically referred to as …Read More

Ok, Data: It’s Couch To 5K Time

24 January 2018

As promised in the first blog on the topic, we’re taking a look at achievable New Year’s resolutions that are within reach, whether you’re a Chief Data Officer overseeing broad strategy or a subject matter expert using data day-to-day. This part takes “I need to exercise more” and turns it into “I need my data ready to deliver …Read More

Regrets, I’ve Had A Few

8 January 2018

As the last, empty box of chocolates goes into the (recycling) bin and the famous January Blue Monday slopes into view after the Season of Goodwill, it can often bring with it its unwelcome extra baggage: guilt! Many of us attempt to remedy this through some timely New Year’s Resolutions that tend to revolve around the following …Read More

Part 4: Making Data Governance deliver real-world results

9 June 2017

A few years ago, Heineken broadcast a classic Elephant-in-the-room advert where various groups of utility construction workers all agree to carry out their work at the same time, to “save digging up the road again and causing the public more inconvenience.”   It’s probably the dream of every road-weary traveller encountering another set of roadworks …Read More

Part 3: Off-the-shelf versus do-it-yourself

18 May 2017

The 1970 space mission Apollo 13 famously featured one of the finest pieces of patched-together engineering ever seen on or indeed above this planet: making a square peg fit a round hole. In Houston, legions of expert NASA engineers worked alongside the reserve crew to improvise a way of fitting a square type of carbon …Read More

Part 2: Self-service data improvement is the route to better data quality

10 May 2017

It’s easy to say that planning a journey has been made far simpler since the introduction of live traffic information to navigation apps. You can now either get there faster, or at the very least phone ahead to explain how long you’ll be delayed. It’s just as easy to say that we wouldn’t think of ignoring …Read More

Whitepaper: Achieving Regulatory Compliance by improving Data Quality

22 February 2017

Are you a Chief Data Officer, Chief Risk Officer or C-level executive that strives to achieve regulatory compliance for bank’s data? Recent financial regulations and directives such as BCBS 239 are driving banks to get to grips with data quality. This involves measuring large volumes of entity, risk and vendor data in order to report on quality …Read More

Announcing DQM v2016.11.29

15 December 2016

Datactics have released Data Quality Manager (DQM) v2016.11.29 featuring a significant performance enhancement: Parallel Item Execution. Building on new the “directed acyclic graph¹” functionality, DQM will now automatically analyse dependencies of related item nodes and give users the option of executing, in parallel, any nodes that can be executed independently of other nodes. This parallel item execution can dramatically speed …Read More

Announcing DQM v2016.11.09

10 November 2016

Datactics is happy to announce release v2016.11.09 of Data Quality Manager (DQM) with some exciting new features: Replaced sequential daisy chaining of solution items with parallel processing and branching in a tree-like fashion (although strictly speaking it’s not a tree – it’s a “directed acyclic graph¹”! Added custom tables to allow users to create their …Read More

New Solutions Page

4 September 2016

We are very happy to announce our new Solutions page (www.datactics.com/solutions)! Datactics software is extremely versatile and solves many problems across many industry verticals. We have now created a range of ‘shrink wrapped’ solutions to specific industry problems built on the Datactics platform of FlowDesigner and DQM. These solutions can be used “off the shelf” or adapted to …Read More

Announcing DQM v2016.07.26

3 August 2016

Datactics is happy to announce release v2016.07.26 of Data Quality Manager (DQM) with many new features, most notably: FlowDesigner projects are parameterizable – users can now have DQM modify FlowDesigner project properties. Client archive import and export making it easy to transfers DQM solutions and projects between servers –  users can now archive a complete …Read More

Announcing DQM version v2016.06.13

20 June 2016

Datactics is happy to announce release v2016.06.13 of Data Quality Manager (DQM) with several new features, most notably execution filters which give users the ability to add conditional logic for the execution of items in DQM.

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