Data Lineage and Data Integrity for Business Decisions and Reporting

Whether it’s internal reporting, annual reports or information that informs strategic decision making, data accuracy is fundamental to business success.

Having a visual representation of all systems in your business – showing where data flows and transforms—helps you understand where the data used in reports and decisions comes from and how it impacts the business. The ability to trace back from data discrepancies in reports helps you rapidly react to and resolve business issues.

 

Trust the Data in your Business Decision Making and Reporting

Information is the basis of most decisions – be they at ground or board level.
Understanding and trusting that data is key for correct decisions that impact the business, customers and shareholders.

Understand Your Critical Data

Trace back from decisions and reports to see your data’s origins, flows, and any transformations it undergoes.

This helps you be confident of making the right decisions and to report accurately to shareholders, customers and the public at large.

Conduct In-Depth Root Cause Analysis

With Solidatus detailed business information visible in your map view, deliver accurate root cause analysis.

Find the source of any issue, understand the data that informs decisions and identify whether calculations and transformations have been done correctly.

 

Understand Change Over Time

See instances of data in the past, to understand and demonstrate to regulators, any changes you’ve made.

Have a full and extensive view of the data that informs reports and decisions.

 

A company is adding numbers from various currencies for annual reporting. Fx currency rates are applied to data and a transformation takes place – but is applied inconsistently by people using different systems. How Solidatus helps:

  • Solidatus captures the logic of any of these transformations, so the finance team can trace back, see if the calculation makes sense, ensure they’re calculated properly or explain discrepancies
  • An end-to-end view of the data lineage provided by Solidatus shows the full flow of the transformation and errors – providing an easy way to rapidly see issues highlighted in red
  • A fine grain, column level view helps them drill down, to see the root cause as well as who owns the relevant system and contact them regarding correction
  • They can also see changes over time, to understand more about the cause, such as when they changed currency systems.

Want to See How Solidatus Can Support Accurate Data for Reporting and Decision Making?

Insights and Articles

How Data Lineage Helps our Customers Trust the Data Used in Reports and Strategic Decisions

How data lineage supports Solidatus customers with reporting and decision making

Advanced Data Lineage:
A Blueprint for Business Success

Understand the business impact of basic data lineage vs modern, advanced data lineage

Pioneering Data Strategies: How Bank of New York is Shaping Business Success in the Age of AI

Find out about the role of AI and advanced data lineage as AI reshapes the future of business