Danske Bank hires Datactics to improve data quality

Source: Danske Bank

Belfast software company Datactics has announced a new partnership with Danske Bank that will help the Bank measure and improve its data quality.

Danske Bank’s recently formed Data Intelligence team will use Datactics’ RegMetrics solution to help meet regulatory requirements, and improve customer experiences by providing a single customer view and higher levels of data quality.

Marion Rybnikar, Danske Bank’s Head of Data, explained: “Good quality data is essential for internal and external reporting, but the opportunities from using ‘big data’ are much wider than that.

"The combination of skilled in-house data professionals using new technologies like RegMetrics and extracting actionable insights, allows us to be innovative and to focus on driving real value for our customers. We’re delighted to work with a successful local start-up as we develop this exciting new area for Danske Bank.”

Stuart Harvey, Datactics CEO, added: “Our RegMetrics software tool has been specifically designed to help financial organisations like Danske Bank ensure their business is able to meet existing regulations such as FSCS, as well as future regulations that could be introduced. Our new relationship with Danske Bank is a clear demonstration of the value and efficiency our powerful data solutions bring to financial institutions.”

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