The Österreichische Raiffeisen-Sicherungseinrichtung (ÖRS) is the statutory deposit insurance and investor compensation system for most Austrian Raiffeisen banks and affiliated institutions.
Challenge
Bank branches across the Raiffeisen network regularly submit data to the deposit guarantee scheme. Data quality could previously only be checked manually — a time-consuming process without standardized evaluation criteria. Faulty data could delay the processing of deposit insurance cases in an emergency.
Solution
A comprehensive analysis and reporting system was implemented for ÖRS that ensures the data quality of submitting bank branches based on complex validation rules. The results of the validation rules are presented graphically — with numerous charts and key figures enabling the assessment of improvement potential.
The system automatically distributes improvement recommendations to data suppliers and ensures that data quality standards are maintained throughout the Raiffeisen banking network.
Results
- Automated validation rules across the entire banking network
- Automatic improvement recommendations to data suppliers
- Visual dashboards for all quality metrics
Services Provided
- Requirements Analysis
- Database Design
- Automation
- Concept & Consulting
- Scripting
- Deployment
