Real-time data quality scoring becomes a reality with release of new version of Curium
28th April 2015
London, 28th April 2015 – Sun Street Limited, the data management technology company, today announced the launch of Version 5 of Curium DQM, featuring an event driven, service-oriented capability for the established data quality management system. In business terms the new version enables the delivery of real-time data quality management and instant data scoring, a method of measuring the impact of data quality checks as and when issues are found and resolved.
In technical terms, Curium v5 is now available as a component within a service-oriented architecture (SOA). The biggest benefit of this upgrade is the ability to give business and data management teams an instant assessment of data quality when something in the data architecture triggers a check, for example the entry of a new transaction or the arrival of a reference data update. By adding a data score to the results of a data check, Curium can instantly inform a person or consuming system of the quality level and potential impact of applying the new or changed data.
Adam Saunders, Product Manager of Curium commented: “Once a firm starts benefiting from a business led DQM process it is a natural evolution to move this from a batch process to a real-time process.” Saunders continued: “This technical innovation brings business benefits in its own right as firms can react quicker to data issues. Curium can now publish quality updates via standard messaging architectures whenever changes occur, either in the source data or when issues are resolved. Data scoring takes this a step further by adding a rules driven quantitative quality measure that allows people or systems to assess the impact of data quality on a near real-time basis.”
Sun Street is targeting Curium v5 at financial services firms who are evolving their data governance and data regulation programmes. Andrew Sexton, Sales and Marketing Director of Curium observed: “The ability to provide ‘on demand’ data quality processing and data scoring allied to Curium’s existing MI and trend analysis capabilities plays right to the essence of what data governance sets out to address. We think v5 incorporates some genuine innovations which will help firms meet their data quality process and governance goals.”
About Sun Street Limited
Sun Street Limited is a specialist software application provider within data management. Founded in 2007 and based in the UK they are dedicated to delivering market leading solutions to the global financial industry. With their proven track record of successful project delivery backed by innovative products and their in-depth understanding of the business operating models within financial services, Sun Street can help you to maximise the benefits of complex financial data quality management.
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