Data is at the heart of every business challenge facing financial institutions today. Solidatus has partnered with Synechron to bring shared clients industry leading consultancy capabilities combined with a powerful data lineage platform.

A quick look at our website and you’ll see that ‘Data lineage is at the heart of Solidatus’. It’s what we do and we’re experts in it. However, it’s not uncommon for us to speak with businesses who know it’s important but openly admit they aren’t actively managing it, nor fully understand where to begin when it comes to incorporating into their daily processes.

As we approach the looming General Data Protection Regulation (GDPR) deadline, you may have noticed your inbox becoming flooded with emails with the subject line ‘We’ve updated our privacy policy’. This is the onset impact of GDPR. Although you would have already clicked ‘I agree’ to receiving communications, the updates to the Data Privacy Act (1998) require businesses to update the consent for using the personal data that they have recorded.

 Do you ever get the feeling that the world is coming around to your way of thinking? At Solidatus we have been part of a lot of projects that have spent a lot of money on some really mundane things. For example, I cannot think of anything less sexy than mapping data from one schema to the next only to see someone change something and for the mapping to become useless meaning the whole task needs to be done again – rinse and repeat.

We have all had one of those awkward conversations, you know the ones where someone comes up to you and starts talking like they are an old friend. They know your name, they know things about you that can only have come from you. The only problem is that you cannot remember them. You stall, play for time, try to prise loose that illusive piece of information that will make a connection in your brain to dredge up the information needed to recall their name. Perhaps you have a strategy, mine is to introduce a friend (assuming I have one handy) and hope that they complete the introduction and fill in the blanks of your relationship.