Data Augmentation with Data Enrichment Process
SCV Alliance acheived data augmentation by filling in the missing attributes and provided a complete structured data set to support FSCS regulatory reporting.
Our objective in this business case is showcase how to achieve data augmentation by filling in the missing attributes and provide a complete structured data set to support regulatory reporting. It also provides insights about the data enrichment process that improved the usability of organisational data.
If you recognise your data as an asset, then augmenting it simply means growing your business assets. With data augmentation, you can run manipulations on existing data, use multiple sources from inside your business, and enrich with data from the outside.
Using the cloud and modern data management solutions, once connected, multiple internal and external data sources allow users to generate insights that were traditionally locked.
In this business case, we will discuss the challenges of data augmentation and suggest the approach and solution that helped our clients to address their challenges through our data enrichment framework.
FSCS - SCV Reporting Challenges & Bottlenecks for Foreign Banks in the UK
Our Regulatory Reporting Solution and Data Governance Support for Foreign Banks in the UK