Book Image

Managing Data Integrity for Finance

By : Jane Sarah Lat
Book Image

Managing Data Integrity for Finance

By: Jane Sarah Lat

Overview of this book

Data integrity management plays a critical role in the success and effectiveness of organizations trying to use financial and operational data to make business decisions. Unfortunately, there is a big gap between the analysis and management of finance data along with the proper implementation of complex data systems across various organizations. The first part of this book covers the important concepts for data quality and data integrity relevant to finance, data, and tech professionals. The second part then focuses on having you use several data tools and platforms to manage and resolve data integrity issues on financial data. The last part of this the book covers intermediate and advanced solutions, including managed cloud-based ledger databases, database locks, and artificial intelligence, to manage the integrity of financial data in systems and databases. After finishing this hands-on book, you will be able to solve various data integrity issues experienced by organizations globally.
Table of Contents (16 chapters)
1
Part 1: Foundational Concepts for Data Quality and Data Integrity for Finance
5
Part 2: Pragmatic Solutions to Manage Financial Data Quality and Data Integrity
10
Part 3: Modern Strategies to Manage the Data Integrity of Finance Systems

Summary

In this chapter, we started with a quick discussion on how BI tools could help finance professionals and organizations in today’s data-driven landscape. We then focused on several data integrity management capabilities of these tools, including relevant features such as data profiling, data cleansing, data validation, data lineage, and data governance. After that, we introduced some of the most popular BI tools used globally—including Microsoft Power BI, Alteryx, and Tableau.

With what we have covered in this chapter, you have learned about why BI tools are helpful for professionals as well as the capabilities and features these tools have to enhance and improve the integrity of the data. In the next chapter, we will continue our discussion on BI tools! We will build on top of what we learned here in this chapter, and dive deeper into how to use various BI tools to solve common data integrity issues for finance.