In the UK it is now mandatory for deposit takers (banks, building societies and other institutions) to be able to provide the authorities with a single customer view of all deposits held by the organisation for individual depositors.
The Solvency II directive for insurance and reinsurance companies in the EU comes into force December 31, 2012. To comply, companies must either use a one-size-fits-all approach or build an internal model. The latter is likely to be more efficient, but ensuring accuracy is a major concern.
Once an organisation has decided to institute a data quality scorecard, what types of metrics should be used for data quality performance management?