Software package and information systems

Tender description

The successful supplier will need to supply and implement a solution to support the end-to-end process for data quality management: — Take on data from the Bank's data collection platform; — Conform and enrich that data; — Validate the data; — Matching, merging and de-duplication of data sets; — Application of business rules to support basis plausibility checks such as those to reconcile data or time series consistency. The solution will also need to support the assessment of data sets that are not systematically ingested and validated through defined production collection processes. This profiling and discovery capability should allow business users and technicians alike to independently analyse, explore and measure datasets without dependency on specialist technical resources. The solution will need to support the Bank's data governance processes and work with other parts of the Bank's Data infrastructure, such as Master Data Management and Analytical and Modelling Systems. It will also need to provide extensive integration functionality to enable interoperability with other third party tools and systems, including an integrated approach to the use of Reference Data and Metadata. The Data Quality Platform will need to provide the operational backbone for all of the Bank's production Data Quality business solutions and as such will need to provide comprehensive scheduling, data quality reporting and work-flow functionality. The Bank plans to leverage the above capabilities in order to establish a Data Quality Assurance service and Data Quality Framework. The Bank is looking for an enterprise-wide solution that enables the Bank to meet current and future requirements including those arising from changes to financial regulation. It is also looking for a solution that would enable a more federated approach to data quality that the Chief Data Office could oversee centrally. With this in mind and in assessing data profiling solutions, the Bank is interested to evaluate what other ‘self-service’ features the solution could provide.