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Improving Efficiency of Data Governance Reporting

Finance
The details
Client:
UBS
Objective:
To improve and enhance data governance reporting for UBS by implementing automated processes.
Timeframe:
30 days
The challenge

UBS faced the following challenges in their data governance reporting process:

  • Lengthy reporting time, taking up to a month to report on the previous month's data
  • Need for both internal and regulatory reporting
  • Lack of prompt action on unresolved data points
Improving Efficiency of Data Governance Reporting
The solution

To address these challenges, we worked with UBS to implement the following solutions:

  • Data modelling, engineering, and visualisations to improve reporting accuracy and insights
  • Automation processes to highlight unresolved data points and trigger action from Data Stewards and Owners through email
  • Automated data flows for regular reporting updates and trend analysis
  • Flexible scheduling options for running data flows (daily, weekly, monthly) with historical data
The outcome

The implemented solutions resulted in the following outcomes for UBS:

  • Reduced reporting time from one month to one hour, enabling faster insights and prompt action
  • Enhanced data governance reporting accuracy and efficiency
  • Improved resolution of data issues through automated highlighting and email prompts
  • Enabled trend analysis and proactive identification of potential risks in the data governance process.
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