Innovative Systems Named Data Quality Technology Leader Third Year in a Row
Market-leading software and services vendor also #1 in customer satisfaction
PITTSBURGH, PA, July 19, 2019 - For the third consecutive year, Innovative Systems (Innovative), a global leader in the development and delivery of high-performance enterprise data management and risk management solutions, was cited by The Information Difference analyst group as a technology leader in their annual Data Quality Landscape report of data quality solution providers worldwide. Innovative also achieved the number one spot in customer satisfaction of the 46 data quality software vendors cited.
“Data quality has always been a key factor of the efficient running of an organization’s operations,” said Andy Hayler, CEO of The Information Difference. “Today, it is equally critical to the success of the organization’s analytics, customer experience, digital transformation, fraud, and risk management programs. Innovative Systems has a strong handle on all of these areas, with its software solutions being used for critical data management and anti-money laundering (AML) initiatives at some of the largest organizations in the world.”
Innovative pioneered the data quality market in 1968. During those early years, the company’s powerful, proprietary software was used to build complex customer databases for some of the largest banks in the world. Meeting the financial industry’s demanding requirements for only the highest level of data quality served as a foundation for Innovative to develop technology that is unmatched in the industry. Today, Innovative is a global leader in data quality, data management, address validation, and risk management solutions for a broad range of industries, including financial services, insurance, telecom, and retail.
“Our customers, consisting largely of Global 2000 organizations, choose us because they want a partner that they can rely on for the long term”, said Randal Skipper, president of Innovative’s worldwide field operations. “The speed, flexibility, and scalability of our software solutions, as well as our outstanding professional services and customer support teams, have kept many of our customers with us for decades. Our strong relationships with them have brought us where we are today, and we are most proud of this acclaim.”
About Innovative Systems, Inc.
Innovative Systems has been a premier provider of enterprise data quality, data management, and risk management solutions to Global 2000 organizations worldwide for over 50 years. Our powerful, state-of-the-art data quality suite – Enlighten® – includes capabilities such as data profiling, cleansing, matching and deduplicating, address validation, geocoding, and ongoing data quality monitoring. Innovative’s solutions support analytics, customer experience, risk and compliance, and digital transformation initiatives, among others. All solutions are available via cloud, on-premise, or hybrid platforms. www.innovativesystems.com
Innovative’s AML compliance solution, FinScan®, is the only AML platform with a built-in data quality engine for unparalleled accuracy, and transparent matching algorithms for easier configurability and explainability to regulators. These features minimize false positives while reducing the risk of missing true hits. FinScan’s comprehensive offerings include sanctions and PEP screening, beneficial owner due diligence, transaction screening and monitoring, and ID validation capabilities. FinScan can be deployed via on-premise, SaaS, or web services to meet our clients’ data security, data privacy, and efficiency requirements. www.finscan.com
Vice President, Marketing Communications