Firstlogic, Inc., a global
provider of enterprise data quality solutions, and Intelligent Business
Strategies Limited, a leading UK business intelligence and enterprise
business integration consulting and research firm, will next week debut an
informative white paper to explain the important role of data quality in
compliance initiatives. The findings of the white paper, "Enterprise
Compliance -- Do You Trust Your Data Enough to Tell It to a Judge?" will be
highlighted by the author, Mike Ferguson, lead analyst and managing
director of Intelligent Business Strategies, in an informational webinar
Tuesday, Oct. 18, 10:30 a.m. CDT (16:30 GMT) as part of Firstlogic's
iSummit online educational series.
The white paper will be available to webinar attendees immediately
following the iSummit presentation. It will later be available for download
at http://www.firstlogic.com and distributed at Firstlogic's exhibit booth,
#501, at the TDWI World Conference later this month. Register for Tuesday's
webinar at http://www.firstlogic.com/isummit/
Compliance is a priority for public and private organizations around the
world with the risk of non-compliance being severe reprimands from
government agencies, regulatory commissions and customers. Compliance
initiatives such as Sarbanes-Oxley, Basel II, IFRS, and the Patriot Act
require company executives to ensure the data driving compliance reporting
is secure, correct, complete and trusted. Employing enterprise-wide data
quality practices is an important step toward meeting compliance
requirements and validating information used for compliance filings.
"Most of the compliance initiatives rely on one thing -- data. My
experience has shown that institutions are inadvertently playing
'compliance roulette' -- assuming their data is accurate or at least
accurate enough to pass muster," said Ferguson. "The investment in data
quality technology to drive best practices in data assessment and cleansing
is so important to the reputation of any organization -- large or small,
public or private. The cost of not ensuring data quality in compliance can
be anywhere from bad publicity and de-listing of the company to heavy
financial penalties or criminal prosecution."
"Retrofitting established business practices to comply with Sarbanes-Oxley,
Basel II, or any number of regulatory requirements oftentimes creates
complex, manual tasks for organizations," noted Chris Colbert, moderator of
Tuesday's online seminar and market development director for Firstlogic.
"This Web event and white paper highlight how implementing data quality
practices -- profiling, cleansing, matching and consolidating business data
-- on an enterprise basis can provide a solid foundation for compliance
initiatives, make them more successful, and easier to accomplish."
About Mike Ferguson and Intelligent Business Strategies, Ltd.
Mike Ferguson has provided consulting on compliance issues for business
intelligence and enterprise application projects from consultation with
dozens of companies across Europe and North America. In addition to his
published research, he has spoken at events around the globe and teaches
popular master classes in data warehousing, business intelligence,
operational performance management, enterprise architecture and
integration, and customer relationship management (CRM). For more
information, visit the Intelligent Business Strategies Web site at
www.intelligentbusiness.biz
About Firstlogic
Firstlogic specializes in enterprise-wide data quality and analysis
solutions for e-business, data warehousing, and print and mail
applications. Founded in 1984, Firstlogic today serves more than 6,000
customers, including Fortune 1000 companies and leaders in government,
finance, insurance, healthcare, manufacturing, direct marketing, and
telecommunications. In addition to developing commercial solutions,
Firstlogic partners with many systems integrators, consultants, and
original equipment manufacturers to provide its unique technology to their
end-user customers Founded in 1984 Firstlogic provides advanced software
systems as well as a proven methodology and strategic consulting services
to help start, enhance, and continually monitor data quality initiatives.
For more information, visit www.firstlogic.com.
For Firstlogic, Inc.:
Scott Humphrey
Humphrey Strategic Communications
(503) 644-9709
Email Contact
Penny Gralewski
Firstlogic, Inc.
(608) 782-5000 x1368
Email Contact
