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BCBS 239 principals put data preparation in the forefront

The financial crisis of 2008 put a powerful spotlight on the weaknesses of data collection and information management in the financial industry, especially for large, complex banks.
Read this solution brief to find out what BCBS 239 is and what it means for banks. Also, find out how a data wrangling solution like Trifacta can be a game changer to help you.

 

""Trifacta brought an entirely new level of productivity to the way our analyst and IT teams explore diverse data and define analytic requirements. Our users can intuitively and collaboratively prepare the growing variety of data that makes up PepsiCo’s analytic initiatives.""

""We were actually able to shave the amount of time it took to do the analysis by [a factor of] six. Rather than having to do a tremendous amount of analysis, we’re actually readily able to start getting incremental data products out quickly.""