Improve by Analysis and Modelling

Golden Sources at Deutsche Bank

A single version of the truth is a business intelligence term which means reducing ambiguity about an organisations data by storing it in one place. A common problem in organisations is that silos of the same data start to emerge in different areas of the organisation which invariably start to contradict each other. Making sure all users of the same data draw from the same source is essential for users to have confidence in the data and minimize errors in reporting. Intellisolve has a standard methodology in creating these Golden Sources on data.

The Challenge

Create a Golden Source of data for employees within a major technology transformation project within Deutsche Bank. The transformation project had multiple work streams which affected different areas of the organisation structure. The golden source of employee data had to identify where the employees were on the organisation structure and what work streams affected them. This would be used for work stream baseline calculations to gauge the employees that fell under the scope of the workstream. The dataset had to be version controlled to reflect the changes made in the programme.

The Solution

Create one golden source of employee data that included all the necessary information required for the programme work streams. This was a group project that required input from all the managers of the work streams including the major functions within the organisation. Documentation was available on how all the information was derived and the sources of the data. Any conflicts of data had to be documented and presented to the right stakeholders.

The Result

The result was a data set that all stakeholders sanctioned and were confident with the data. This was in a format that could be easily shared and tagged with new information came up. Version controlling meant that any changes in the data set could be documented and shared. The employee dataset was an important feature in the overall program. Having a single version of the truth meant that program decisions could be taken with less overall friction.

The Applications Involved

During initial investigation we select the best applications that will fix your requirement and build our solutions on top of this.

The Services Involved

Come to us for our unique approach to data solutions taylor made for your unique needs. We have years of experience delivering useful solutions doing only a few things that we are really good at.

Our services allow you to hand over the techincal aspects of data management and analysis over to us to help you focus on the business

Statistical Modelling

A statistical model takes the guesswork out of thinking there are patterns in your data. Using a statistical model, you can mathematically prove if there are relationships between elements of a dataset and if so you can assign a number to the degree of the relationship. When you model real world data, relationships are a grey area. There are exceptions to rules due to the complexity of real world interactions. Intellisolve sets up statistical models the same way as financial models, focusing on the business need first and building the model around that.

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