I’m assisting a customer who is completing an RFQ to be accepted as a supplier to a major bank. One of the headings is ‘Data Quality’ and the first question is ‘Supplier will ensure data definitions and calculations are documented and agreed to ensure consistent understanding and use, this documentation will be provided prior to contract agreement’. Data definitions I think I get but calculations is not understood at all.
My client is a recruitment agency.
Er, have you/your client tried asking the contracting bank for clarification? Data Quality in data protection terms is quite different to data quality in Master Data Management terms, with a range of exotic qualitative and quantitative values applied to an eye-watering list of data quality dimensions and metrics..
Thanks for your response. This was my first response too however the deadline had passed for asking questions!