McLean, VA – As Federal agencies focus on improving operational efficiencies and reducing risk, they recognize data quality in their financial systems is critical. To achieve data quality, agencies are addressing data inconsistencies, eliminating duplicate data sources, and synthesizing data for insight.
For federal agencies addressing data quality issues, Ascella Technologies has been providing support. During the past year, Ascella has assisted the Securities and Exchange Commission in the analysis and cleansing of EDGAR Filing Fees financial data. In SEC’s preparation for migrating to a new sub ledger accounting system, Ascella utilized a combination of automated cleansing algorithms along with accounting analysis and data correction to improve the financial data quality. The improved data quality enables SEC to operate more efficiently with increased insight into the financial data.