Enterprise Data Services

DIBSYS Inc.'s Enterprise Data Services Practice centers mainly on our expertise in managing reference data (client & product), corporate actions data, market data, and research data.

With poor quality data potentially costing firms up to 20% of their revenues, focusing on enterprise data management can dramatically improve the success of those firms.  In the current climate, the need for measuring the risk of bad data has become ever more pressing.  A recent estimate of the cost of the enterprise data problem was between $238 million and $1.2 billion per firm. Furthermore, due to various regulations set to hit the financial services industry in the 3rd and 4th quarters of 2010, there has been a shift in focus for many firms to risk and compliance, and increased transparency.  The quality and availability of data within a firm is directly related to that firm's ability to accomplish these initiatives.  The main challenge now is to view information as a shareable commodity to be managed and maintained with the same care and attention given to other enterprise assets such as capital, people or real estate.

With deep domain and process expertise in the enterprise data area, DIBSYS Inc.'s services directly impact the way processes and workflows are organized in a typical financial services firm.  This helps ensure that the data used for business processing and regulatory oversight is of high quality, accessible, and easy to integrate into downstream system.  It also ensures the data is comparable across multiple sources without the necessity of additional transformation or the need for manual reconciliation. Our offerings take the shape of:

• Assessment Services: DIBSYS Inc. is currently working closely with the EDM Council to help them define their Data Management Maturity (DMM) model.  Our SME's can perform a wide variety of assessment services from data maturity assessment & strategy, downstream on-boarding analysis, and decommissioning strategy definition.
• Building Services: DIBSYS Inc. has the ability to build data management infrastructure from the ground up.  Our SME's can perform a wide variety of building services including security master creation and client master creation.
• Integration Services: DIBSYS Inc. has the ability to perform the integration of consuming applications and new data feeds into the firms existing data management infrastructure.  Our SME's possess an Integration Toolkit with pre-built adapters for different consuming applications, master data systems, and data sources.
• Operation Services:  DIBSYS Inc. has the ability to perform QA operations, production support operations, data cleansing operations, and full managed data service operations.  Our SME's have pre-build utilities and tools for data comparison, entity / instrument search, and batch monitoring.

For further information about availing our services in the areas of Enterprise Data Services, Contact Us or email at connect@dibsysinc.com to schedule a meeting.