Posidex Technologies Data Quality Overview

What is Posidex Technologies Data Quality?

The system offers real time data analysis and the quality of the data that is being used for processing. Also, the system will provide the necessary statistics for data availability which will help the management in streamlining the data entry processes. Because of the improvements that can be proposed because of this system analysis fraudulent customers can be reduced, saving time in terms of delivery, easy access to communicate to the stakeholders, helps in up-selling and cross selling of products, etc.

The system offers to analyze the matching rules that are currently implemented and can be modified based on the analysis to improve the precision and recall of the matched records. The system also offers insights on customer segmentation which will influence the decisions based on risk, net exposure, cross-sell and up-sell products, etc.

The system helps in multiple areas of the decision making by providing the information that is rich graphically helping the users to visualize, easy of exporting, easy to share the results, consolidation of information from multiple data sources, simplifying the analysis and more.

Posidex Technologies Data Quality Customers

ICICI Bank, HDFC Bank, Reliance Capital, Tata Motor Finance Ltd, ICICI Prudential Life Insurance Company, Bharti Airtel Limited, Idea Cellular, Credit Information Bureau

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The data cleansing and standardization it offers has helped us in our credit decisions for underwriters

What is our primary use case?

The primary use cases of the solution are: * Ensuring data quality * Data cleansing of the input data * Deduplication of the customer and his/her demographic information from multiple data sources against the existing customer base. * Scanning the customer records against the negative customer list. * Creating a 360 degree view of the customer across multiple lines of the business.

Pros and Cons

  • "The data cleansing and standardization it offers, and near real-time response, has helped us in our credit decisions for underwriters, thereby getting the right customer onboarded."
  • "Having the solution in big data technologies is something Posidex is working on."