Comprehensive and reliable data is vital in banking, forming the basis for all analyses and decisions. As advanced predictive and prescriptive analytics open up new areas of competitive advantage, a master database – a single source of truth – is key. FinCube’s financial data warehouse collects and validates information from all banking activities and provides advanced capabilities for data analyses. It is the single source of truth.
Single Source of Truth
Key Benefits
Increased efficiency
Providing master data
Avoids data silos and duplication of effort
Automated reporting and analysis
Powerful insights
Making smarter, data-driven decisions
More responsive to market challenges
Key features
01
Data Quality
Complete, quality-assured data based on automated processes
02
Flexible & Agile BI Framework
Dashboards and rule-based analyses deliver all the relevant information for effective KPI monitoring during data collection
03
Unified Data Model
Data can be loaded in various formats from different source systems
04
Backdated Changes
Complete data history including different parameters and all changes
05
Business Data Access Layer
Access to the single source of truth
06
Easy Extendibility
Automatic integration of source system enhancements
07
Optimized Avaloq Data Adaptor
Based on Avaloq Data Dictionary and assured compatibility thanks to individual version control
08
Meta Data Management (BCBS 239)
Data lineage allows users to trace data back to the original sources
