Pioneer Investments has migrated its data management to a DataFlux platform through which its portfolio managers and analysts can analyze and monitor information via a single platform and interface, and IT staff can take a more proactive approach to data management.
Data management is of the utmost importance in the financial services industry, and data profiling and data monitoring are very actionable ways to ensure youre addressing data quality, said Jeff Shortis, chief data officer of Pioneer Investments. With DataFlux, we are able to validate our data expectations in advance and successfully integrate the data into the appropriate databases. This frees up staff and, in turn, our IT budgetvaluable resources which can be utilized on other priority IT projects.
Prior to migrating to the DataFlux platform, Pioneers IT staff built separate interfaces to each data feed and database.