Xenomorph releases TimeScape Data Validation Dashboard
30 April 2014 | 1092 views | 0
Xenomorph, the analytics and data management solutions provider to global financial institutions, announced today it has further strengthened its data management capabilities through the release of its Data Validation Dashboard for Xenomorph's TimeScape product.
The TimeScape Data Validation Dashboard provides a robust platform for firms to streamline and simplify their exception management processes and adhere to regulatory requirements. The use of visual tools enables data for any asset class to be validated and remediated using out-of-the-box and extensible rules, covering instrument, curve, surface and cube validations. Workflows can be configured to manage and control the validation of data points that are shared across multiple complex objects, such as curves and surfaces, and validated in the context of those objects. If any of the validations fail, those points can be rolled back and manual intervention employed to correct the data using four-eyes validation with full audit control.
"Capital markets firms continue to focus on the difficulties in managing data and how their processes must continue to change to keep up with new and extensive regulations," said Brian Sentance, CEO of Xenomorph. "The TimeScape Data Validation Dashboard provides a platform to visually and effortlessly manage a firm's end-to-end data requirements to fulfil downstream needs for gold copies."
Pricing model valuations, risk reports and trade ideas will continue to be flawed if used with rogue data. Using industry-standard technology and tools such as Microsoft SharePoint, SSIS and SSRS, the TimeScape Data Validation dashboard allows a simple solution for the management and audit of data, as well as support of on-site and cloud deployed infrastructure.
"Xenomorph continues to recognize the pivotal importance of data management, which is why we continue to invest heavily in its development. Unmanaged or incorrectly managed data continues to remain the soft underbelly which no firm wishes to be exposed to," said Naj Alavi, Managing Director of Xenomorph's New York office. "Without control of its data, a firm cannot really control its risk. Using TimeScape, our clients reign in their data issues - no matter how simple or complex - to regain control."