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Data quality: Coforge deployed six sigma methodology to DQ rules framework

The Client

A Top 20 U.S. Bank

Challenge

  • Inconsistencies in the way quality of data is perceived by stakeholders.  

Solution

  • Six Sigma methodology customized to fit IQ international standards for Data quality

Execution

  • Performed current state analysis on the perception of data quality and its varied impacts
  • Mapped sigma thresholds against existing metrics
  • Defined a framework for assessment, monitoring and reporting based on IQINT standards
  • Implemented a single version of reporting structure and standards

Value Delivered

  • Efficiency gained ~50%
  • Reduced stakeholder communication in interpreting the reports
  • Increased trust and confidence on data quality reporting from data office
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