Security Master Data Quality Services
A security master database plays a critical role in providing accurate information to numerous downstream applications.
Despite its importance, many firms face the following challenges:
- Greater emphasis on data completeness rather than data quality
- Inconsistent sources, too many sources, potential overspend on data
- No/limited comparison or cross-verification of sources
- Legacy systems with lost logic for various processes
- Too much manual work – 20% or more of new asset creation is not automated
- Exceptions management work is fueled by questionable control reports
- Centralized EDM system with limited provision for ongoing manual exceptions management
Mobius has developed a suite of offerings to assist financial services firms in addressing these issues and achieving improved levels of auditable data quality. Our offerings include:
- Security Master Healthcheck
- Security Master Data Cleansing
- Security Master Data Validation
- Security Master Exceptions Management
Security Master Healthcheck
At the start of all Security Master Engagements, Mobius recommends a review of your existing security master processes. This includes reviews of all existing systems, processes such as new asset creation and maintenance, review of vendor feeds, exceptions management and control reports. We use this perspective to develop custom findings and recommendations about the health of your security master operation.
