Trifacta Accelerates Data Preparation for Regulatory Reporting Among Leading Financial Institutions

▤ Summary

Furthermore, financial institutions manage a huge volume and variety of transaction data, which can create major quality issues that need to be addressed before they can even begin to navigate the growing web of reporting requirements.Trifacta allows financial institutions to retire the use of common spreadsheet tools for regulatory reporting in order to increase speed, collaboration and accuracy among compliance teams.With Trifacta, we’re able to visually inspect data quality issues before they affect our compliance output, which has saved us untold hours in redoing previous work, and we can iterate faster with Trifacta’s immediate feedback on transformations.“Trifacta has been instrumental in providing business users with the ability to transform data on the lake to meet a variety of compliance standards,” said Pierre Castellani, Head of IT Market Risk at Crédit Agricole.In addition to supporting compliance, Trifacta is also seeing increased momentum among financial institutions using Wrangler to enable customer 360 initiatives, risk management, machine learning and artificial intelligence (AI) efforts.

▦ Linked Companies

Trifacta

$10M to $25M