BERLIN--(BUSINESS WIRE)--European DataWarehouse (EDW) presented its third annual Data Quality Awards today at the 2024 TSI Congress in Berlin.
This year EDW the annual Best Data Quality – Deal of the Year (2023-2024), award to Domivest B.V. for their deal, Domi 2023-1 B.V.
"We are incredibly proud to receive this year's 'Best Data Quality – Deal of the Year' award from European DataWarehouse. Our team is dedicated to upholding top-tier data quality in its reporting, and EDW's tools play a key role in helping us maintain those high standards,” said Josja Reek, CFO at Domivest.
The award program was founded in 2022 and was first presented at EDW’s 10th anniversary celebration in Frankfurt. The award program recognises exceptional effort and superior data quality from ABS issuers and their servicers.
While presenting the award EDW’s CEO, Dr. Christian Thun, remarked, "EDW's award program gives us a chance to recognize the critical role of data quality and express our gratitude to our issuers for their meticulous efforts in ensuring their data is reliable and valuable for risk analysis, investment planning, and research purposes.”
Award recipients are selected using an overall data-quality score based on thousands of data rules and checks developed by European DataWarehouse.
EDW identified a need to introduce data quality scoring on a deal level to easily communicate data quality and monitor its improvements as early as 2016. Since then, EDW has developed and applied more than 4,000 rules and checks to both the ECB Loan-Level Data templates and the ESMA Underlying Exposures, Investor Report, and Significant Event templates.
About European DataWarehouse GmbH
European DataWarehouse (EDW) is a Securitisation Repository designated by both the European Securities and Markets Authority and the Financial Conduct Authority. It was established in 2012 as the first Securitisation Repository in Europe to facilitate the collection, validation, and dissemination of standardised loan-level data for Asset-Backed Securities and private whole loan portfolios.
EDW stores loan-level data and corresponding documentation for investors and other market participants. Operating as a market infrastructure, EDW aims to increase transparency and restore confidence in the ABS market. Through EDW’s data, users can analyse underlying portfolios in a more efficient way and compare portfolios on a systematic basis.
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