PRESS RELEASE

DCI wins Systems in the City award

by | Jun 25, 2024

Press release

DCI Wins Best Compliance Service at Systems in the City Fintech Awards 2024

London 21st June 2024: Data Compliance & Integrity Ltd (DCI), who provide solutions to ensure data integrity before it becomes problematic for organisations, today announced that they have been awarded Best Compliance Service at the Systems in the City Fintech awards ceremony held in the city of London.

Managed by Goodacre UK, one of the leading specialist consultancies for the securities industry nominees covered the full spectrum of Fintech offerings available today, including solutions for custody, settlement, trading, portfolio management, fund administration, and third-party clearing services. The Awards were founded and organised by Goodacre UK over 24 years ago and are based on a constant review of Fintech solutions that are considered fit for purpose.

“We are delighted to receive this award in recognition of our innovative approach to supporting financial services firms’ data validation and integrity management,” said Simon Ray, co-founder of DCI. “We created our DCI Data Analyst solution to allow regulated firms to proactively address these data challenges at source. Unchecked, the costs of bad data can be huge, impact profitably, reputation, and constrain growth. Our solution enables a firm to properly manage these risks to the business.” continued Ray.

DCI's Simon Ray

DCI Data Analyst is a fully automated data quality application that removes human variability, ensuring checks are always accurate and consistent with errors flagged early in the process enabling quick and easy resolution. The solution is rules-based and fully customisable according to the specific needs of the organisation based on its own processes and workflows. Comprehensive reports and dashboards provide management oversight showing the current state of data, trends, and KPIs, providing confidence in data quality for the organisation.

About DCI

DCI was created by its founders following many years of experience working with the complex challenges faced by financial services firms, such as increasing client demands, constant regulatory change and the need to drive down costs across the business but with legacy technology platforms that can result in operational inefficiencies. From the outset, our focus has been on data, as this is typically the source of many challenges faced by regulated businesses. In an ideal world, systems would not permit bad data to be processed, but in the real world, it does; especially when firm’s operate multiple systems and these often rely on manual input.

We understand your business and the problems you encounter resulting from working with legacy architecture, and the resultant poor data quality.

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