Case Study: Nomura Securities achieves proactive MDM data quality monitoring with iceDQ

Leading Investment Bank prevents 80% to 90% of production breaks with iCEDQ

The customer, a leading investment bank, faced significant operational risk and potential financial losses due to data quality issues within its Master Data Management (MDM) system. Trading desks relied on this data for critical decisions, but the dispersed nature of the information across various systems made integration difficult and errors common. To proactively monitor, notify, and prevent data quality problems, the bank turned to vendor iCEDQ and implemented its iGOVERN Data Quality Monitoring Framework.

iCEDQ's solution involved categorizing critical data and embedding automated checks and controls within the data movement processes. The iGOVERN framework provided consistent, reliable monitoring and could stop processes if severe exceptions were detected. This implementation resulted in 80-90% of production data breaks being found and fixed before they impacted downstream trading desks, a significant improvement from virtually none before. The solution provided clear visibility and accountability, establishing trust between IT and the business.

Leading Investment Bank