Syncsort, a global leader in data liberation, integrity and integration solutions for next-generation analytics, and ASG Technologies, a leading provider of proven solutions for information access, management and control, today announced a partnership focused on combining their leading solutions and expertise in data quality and data governance. The partnership focuses on the highest levels of confidence in data to meet regulatory requirements and support data-driven business decisions
“Most organizations, especially in industries such as financial services and health care, need to have confidence in the quality of their data assets for regulatory compliance and making important business decisions,” said David Hodgson, Chief Product Officer, Syncsort. “We are pleased to be partnering with ASG to provide enterprises with an integrated solution for their data governance initiatives that leverages data quality and data lineage to give them the highest level of trust in their data.”
Supporting Data Governance with Data Quality and Data Lineage
The partnership combines Syncsort’s industry-leading Trillium data discovery and quality software with ASG’s Enterprise Data Intelligence solution to support both data governance and regulatory compliance. The combined solution embeds Trillium Quality into the ASG lineage view, which tracks where data comes from and how it moves through systems, for a more complete picture of an organization’s critical data elements. The integration provides these capabilities by managing and defining business level policies, aligning business terms and quality results with key data, and gaining insights into where data quality gaps exist along the trail from originating sources to end destinations, such as BI reports. The combined solution uses reports, dashboards and lineage graphics to trace data, evaluate data quality and investigate remediation options.
Helping Organizations Meet CCAR Requirements
One compliance use case for financial institutions is the Federal Reserve’s Comprehensive Capital Analysis and Review (CCAR). CCAR is an annual exercise meant to ensure that institutions have well-defined and forward-looking capital planning processes that account for their unique risks and maintain sufficient capital to continue operations through times of economic and financial stress. The integration of quality metrics from Syncsort’s Trillium software and the ASG Enterprise Data Intelligence data discovery and lineage capability provides the transparency and authority required to demonstrate CCAR compliance.
“CCAR compliance is a pressing mandate for financial and banking institutions, and the ability to trust data is critical to successfully meeting this requirement,” said Swamy Viswanathan, EVP and Chief Product Officer, ASG Technologies. “Our integration with Syncsort’s Trillium data quality software will offer users the strong degree of confidence they require when receiving data with new CCAR policies.”
Syncsort and ASG will be demoing the new integrated solution for CCAR compliance at the ASG Evolve Conference in Washington, D.C., taking place from September 18-20, 2017. For more information about the partnership, click here.