Data Quality Checkup for Wealth Management Firms by James Pfeiffer | Feb 10, 2022 Welcome to Terrapin Technologies' Data Quality Checkup Are You Confident in Your Data? Data is arguably your firm’s greatest asset, and a thoughtful data management strategy, along with the right tools, is essential to leveraging and getting the most value from that data. However, poor data quality can quickly erode your team’s confidence in the value of your data. Bad data can cause inaccurate reporting, compensation accounting errors, and misinformed decision-making. Terrapin Technologies is now offering a free data quality checkup tool to help you evaluate the health of your data quality. We want to make sure you are getting the most out of this valuable asset. Take the first step in restoring confidence in your data. This online checkup asks 10 brief questions and provides a score, summary of results, and guidance. Please rate the following. 1. How complete is your data? Very Somewhat Not at all Unsure 2. How usable is your data? Very Somewhat Not at all Unsure 3. How accurate is your data? Very Somewhat Not at all Unsure 4. How consistent is your data? Very Somewhat Not at all Unsure 5. How timely is your data? Very Somewhat Not at all Unsure 6. How confident are you in the overall quality of your data? Very Somewhat Not at all Unsure 7. How frequently have you detected any errors in the data over the last year. Never Some of the time Most of the time Always 8. How would you rate the overall quality of your Financial Activity data? (ex: concessions, invested dollars, CDSC) Excellent Good Poor We do not capture this data 9. How would you rate the overall quality of your Books and Records data? (ex: customer, suitability, and trusted contacts) Excellent Good Poor We do not capture this data 10. How would you rate the overall quality of your Account data? (ex: account performance, current balance, asset class) Excellent Good Poor We do not capture this data Optional Would you like to have your results emailed to you as well? Enter your email address below. Email Time is Up! Time's up
