Challenge:
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Can you certify to external auditors how your financial data flows through the company? |
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How do you prove that you know where the numbers come from? |
Attention to corporate governance and more specifically to
data governance has increased dramatically in recent years.
Regulatory requirements like Sarbanes-Oxley and BASEL II are
forcing CEO’s and CFO’s to sign and guarantee the
accuracy of their financial statements. In addition, the age-old
challenge of reconciling different numbers on different reports
continues to plague corporate managers.
With today’s tangle of corporate applications and systems,
it has become very difficult to have complete confidence in
the genealogy of every number. Retracing
all the steps from the reports and financial statements to
the original source of data is extremely difficult, especially
as data changes and transforms on the journey through various
systems. An even more difficult challenge is identifying
any data discrepancies that occur along the way.
Solution:
Exeros delivers a new approach to data lineage discovery that significantly lowers the project risk, accelerates discovery time over 5X and makes data lineage and impact analysis projects technically and economically feasible. Exeros Discovery is a software product that automates the discovery, documentation and validation of data lineage and data maps between structured datasets when documentation is spotty or even non-existent.
Exeros Discovery independently examines the data values in
multiple datasets to automate the identification of data relationships,
transformation and lineage between structured datasets. Exeros
Discovery’s discovery algorithms are self-validating
so exceptions and discrepancies are found along with the data
lineage and data maps.
