IDEAS home Printed from https://ideas.repec.org/a/rbs/ijfbss/v7y2018i2p01-08.html
   My bibliography  Save this article

Data Quality in Banking System:Case of Azerbaijan

Author

Listed:
  • Ali Dadashzade

    (University of Bath, Bath, UK)

Abstract

Data quality in banking and financial sector is one of the most researched topics nowadays. With the increasing regulatory burden and increased importance of targeted sales, data quality directly influences funds and performance of banking system. In this paper,the author is aiming to define universal reasons and causes of data quality problem and apply the case to local Azerbaijani banks taking into account local managers’ personal view based on their banking experience.Key finding of the research is thatunintegrated software, wrong data insertion, aging of data with the growing speed of market, corporate governance and inability to calculate true costs of low data qualityto the local banks are the reasons of data quality issue in the local banks. Moreover, main costs of the data quality issue are time and money, appearance of hidden data factories, obstacles to apply and measure KPIs, uncorrelations in sensitivity analysis and ineffective marketing strategies.

Suggested Citation

  • Ali Dadashzade, 2018. "Data Quality in Banking System:Case of Azerbaijan," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 7(2), pages 01-08, April.
  • Handle: RePEc:rbs:ijfbss:v:7:y:2018:i:2:p:01-08
    as

    Download full text from publisher

    File URL: https://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/8/11
    Download Restriction: no

    File URL: https://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/8
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Arash Shahin & M. Ali Mahbod, 2007. "Prioritization of key performance indicators," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 56(3), pages 226-240, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gözaçan Nazlıcan & Lafci Çisem, 2020. "Evaluation of Key Performance Indicators of Logistics Firms," Logistics, Supply Chain, Sustainability and Global Challenges, Sciendo, vol. 11(1), pages 24-32, February.
    2. Adela del-Río-Ortega & Manuel Resinas & Amador Durán & Beatriz Bernárdez & Antonio Ruiz-Cortés & Miguel Toro, 2019. "Visual ppinot: A Graphical Notation for Process Performance Indicators," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 61(2), pages 137-161, April.
    3. Monika Widz & Renata Krukowska & Bartłomiej Walas & Zygmunt Kruczek, 2022. "Course of Values of Key Performance Indicators in City Hotels during the COVID-19 Pandemic: Poland Case Study," Sustainability, MDPI, vol. 14(19), pages 1-16, September.
    4. Rodriguez-Calvo, Andrea & Cossent, Rafael & Frías, Pablo, 2018. "Scalability and replicability analysis of large-scale smart grid implementations: Approaches and proposals in Europe," Renewable and Sustainable Energy Reviews, Elsevier, vol. 93(C), pages 1-15.
    5. Sowińska-Świerkosz, Barbara & Soszyński, Dawid, 2022. "Spatial indicators as a tool to support the decision-making process in relation to different goals of rural planning," Land Use Policy, Elsevier, vol. 119(C).
    6. Kamvysi, Konstantina & Gotzamani, Katerina & Andronikidis, Andreas & Georgiou, Andreas C., 2014. "Capturing and prioritizing students’ requirements for course design by embedding Fuzzy-AHP and linear programming in QFD," European Journal of Operational Research, Elsevier, vol. 237(3), pages 1083-1094.
    7. Yusuf A. Adenle & Edwin H. W. Chan & Yi Sun & C.K. Chau, 2020. "Modifiable Campus-Wide Appraisal Model (MOCAM) for Sustainability in Higher Education Institutions," Sustainability, MDPI, vol. 12(17), pages 1-19, August.
    8. Pan Wu & Guoyan Zhao & Yang Li, 2022. "Green Mining Strategy Selection via an Integrated SWOT-PEST Analysis and Fuzzy AHP-MARCOS Approach," Sustainability, MDPI, vol. 14(13), pages 1-19, June.
    9. Julio Cesar Ferro de Guimarães & Eliana Andréa Severo & César Ricardo Maia de Vasconcelos, 2017. "Sustainable Competitive Advantage: A Survey of Companies in Southern Brazil," Brazilian Business Review, Fucape Business School, vol. 14(3), pages 352-367, May.
    10. Habib M. Alshuwaikhat & Ismaila R. Abubakar & Yusuf A. Aina & Yusuf A. Adenle & Muhammad Umair, 2017. "The Development of a GIS-Based Model for Campus Environmental Sustainability Assessment," Sustainability, MDPI, vol. 9(3), pages 1-23, March.
    11. Bentes, Alexandre Veronese & Carneiro, Jorge & da Silva, Jorge Ferreira & Kimura, Herbert, 2012. "Multidimensional assessment of organizational performance: Integrating BSC and AHP," Journal of Business Research, Elsevier, vol. 65(12), pages 1790-1799.
    12. Daniela Madrazo-Ortega & Maria Molinos-Senante, 2023. "Quantifying Progress Made in Achieving Sustainable Development Goal 6 in Chile: A Holistic and Local Approach," Sustainability, MDPI, vol. 15(5), pages 1-18, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rbs:ijfbss:v:7:y:2018:i:2:p:01-08. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hasan Dincer (email available below). General contact details of provider: https://edirc.repec.org/data/ssbffea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.