Data Management

The Importance of Data Quality in Machine Learning

the importance of data quality in machine learning

We are currently in an exciting area and time, where Machine Learning (ML) is applied across sectors from self driving cars to personalised medicine. Although ML models have been around for a while – for example, the use of algorithmic trading models from the 80’s, Bayes since 1700s – we are still in the nascent …

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Datactics wins ‘Best Data Quality Analysis Tool’ at DMI Awards 2021

Datactics has won ‘Best Data Quality Analysis Tool’ at A-Team Group’s Data Management Insight Awards 2021.  For the third year running, Datactics has been recognised for its business-user focused technology at the A-Team awards, which focuses on leading providers of data management solutions, services and consultancy to capital markets participants. Nominees for the awards were voted for by clients and financial users in the data management …

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Data Quality is important to an organisation for many reasons

Data Quality is important to an organisation for many reasons.

Many businesses find that the data they collect has limited reliability. A recent study by Experian highlighted  that 55% of business leaders do not trust their data, ultimately impacting the confidence that business leaders have over the data they collect.   Bad data can have significant business consequences for companies. Research by GlobalTranz found that approximately 77% of companies have the belief that their bottom line is …

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‘Establishing a strong data management foundation for trusted and connected data to drive data science and AI’ | An interview with Kieran Seaward

Yesterday, 28th April, Kieran Seaward, Head of Sales took part in a panel discussion entitled ‘Establishing a strong data management foundation for trusted and connected data to drive science and AI’. He spoke alongside Andrea Smith, BNY Mellon; Stan O’Marra, Invesco US; Malavika Solanki, The Derivatives Service Bureau, and Robert Wallos, West Highland. The panel was then moderated by Niresh Rajah.  The …

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Datactics Round-Up: Bloor Research Platinum Award & The SoftwareReviews Data Quality Quadrant

Welcome to our fortnightly round-up from Datactics, highlighting some great moments of achievement for us…  Bloor Mutable Award 2021  Just like the blink of an eye, Friday is upon us again and it’s time for us to tell you all the exciting developments that have been happening over the past two weeks!  To kick-off, we delightedly announced this …

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Datactics Round-Up: From speaking on the Finnovate Show to welcoming our new Graduate to Export team members!

A Finnovate Show Appearance  Just like that it’s Friday again and it’s time for us to update you on the excitement that’s been happening at Datactics over the past fortnight.  Matt Flenley recently spoke on the Finnovate Show, a podcast that gives a space for financial service leaders that are leading change and innovation a chance to share. The podcast covered topics including how Datactics has evolved …

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Data Management Summit UK | 02/12

dms lnd

Join us at the Virtual DMS UK which will explore how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue-enhancing opportunities. An event that will be putting the business lens on data and deep-diving into the data management capabilities needed to deliver on business outcomes. Agenda will be released …

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DMI: How to establish data quality and data governance for analytics | 22/04

data management insight

Data quality has been a perennial problem for financial institutions for many years, but this needs to change as firms become increasingly reliant on accurate analytics to deliver business opportunity and competitive advantage. New approaches to data quality can help firms up their game and significantly improve their analytics capability. Adding the processes, controls and …

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Data Management Summit USA | September 2021

DMS USA

Join us at the Virtual DMS NYC which will explore how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue-enhancing opportunities. An event that will be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes. Agenda …

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How To Reduce Your Time Spent On Data Quality Down From Three Weeks To Three Hours

How many times have you come up against the block of “that’s just how long things take here”? As soon as a firm grows to a size where it needs enterprise IT architecture, changes – understandably – need to have greater scrutiny, and that takes time. Time, however, is a double-edged sword. If a change …

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Data Quality, Didn’t We Do That Already?

Many data management professionals have some form of tooling or platform to support their business initiatives but often find it hard to get buy-in for why they still need to invest time and resources in this area. In a recent post by data management blogger Henrik Liliendahl on the passing of Larry English, he refers …

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Data will power the next phase of the economy: DMS USA lookback – Part 1

Economy

Last September, Kieran Seaward, our Head of Sales, delivered a keynote at the virtual DMS USA on a data powered economy. In his keynote he unpacked: The impact of COVID on shifting business priorities, focussing on how existing data management processes and data architectures have changed – as well as problems encountered along the way  …

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Biggest Data Quality or Matching Challenge? Here are the answers!

data quality challenges

At the recent A-Team Data Management Summit we held a giveaway competition for the chance to win an independent bookstore voucher – £100 to Daunt Books in London, or $100 to Strand Book store in NYC. We asked data management professionals attending the event to give their biggest data quality or matching challenge. Below you can find a summary of …

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DMS Virtual USA | 29/09/20 – 30/09/20

DMSV_USA_

Join us at Data Management Summit USA Virtual (DMS Virtual USA) where Stuart Harvey, CEO, and Kieran Seaward, Head of Sales will be sharing with you great industry-relevant pieces of content: A panel discussing exploring the challenges associated with getting data into the hands of those that need it and will explore approaches to data …

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Tackling Practical Challenges of a Data Management Programme

child contemplates a staircase

“Nobody said it was easy” sang Chris Martin, in Coldplay’s love song from a scientist to the girl he was neglecting. The same could be said of data scientists embarking on a data management programme! In his previous blog on Good Data Culture, our Head of Client Services, Luca Rovesti, discussed taking first steps on …

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No-code & Lo-code: A Lighter Way To Enjoy Tech?

chocolate mousse, food, dessert

In this article with Datactics CTO Alex Brown, Matt Flenley asks about the nature of no-code and lo-code platforms like Datactics’ Self-Service Data Quality, and whether they really are a lighter way to enjoy technology?  The lo-code no-code paradigm can be a bit like Marmite. Some people say that it’s great, it gets the job done, and these are …

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Dataset Labelling For Entity Resolution & Beyond with Dr Fiona Browne

balance, inspiration, motivation

In late 2019 our Head of AI, Dr Fiona Browne, delivered a series of talks to the Enterprise Data Management Council on AI-Enabled Data Quality in the context of AML operations, specifically for resolving differences in dataset labelling for legal entity data. In this blog post, Fiona goes under the hood to explain some of …

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