Data-driven supervision of banks, insurance companies and trading markets

Data-driven supervision of banks, insurance companies and trading markets

Netcompany has delivered a financial data platform for the Danish Financial Supervisory Authority, enabling swifter and better analyses for the supervision of banks and insurance companies, and market fraud surveillance of the entire Danish trading market.

 

 

 

 

Data is structured and formatted to match the individual user’s needs.

Some data are visualised in an easy-to-navigate dashboard solution, others are cleaned and structured in preparation for more advanced analytics.

The data platform is the foundation of high-volume, complex data, covering millions of numbers and calculations from financial reports and trading transactions, etc. Consolidating, structuring, and presenting data the right way requires close collaboration with the Danish Financial Supervisory Authority’s analysts and investigators. To realise all potential value, such a system requires organisational adaptation. In parallel with the agile system implementation, Netcompany advised a data strategy, involving the implementation of new organisational units and business processes, enabling the path for the Danish Financial Supervisory Authority to become data driven.

Results

  • New strategic data roadmap for becoming a data driven organisation
  • Consolidated data platform servicing different user groups depending on their preferred data crunching technology
  • Automatically updated, pre-calculated, dynamic dashboards covering specific supervisory cases as well as general sector overviews
  • Benchmarking functionalities across time, institute, and institute size
  • Dynamic visualisation of data completeness
  • Daily transactions covering the entire trading market related to Danish papers and agents
  • New organisational units and processes enabling data driven processes
  • Training workshops and user adapted monitoring system
  • A progressing data driven organisation with faster response time producing higher quality analyses

Would you like to know more?

Reach out to

Christian Morten Prip