LBBW Chooses Xenomorph for Data Management in Risk Control
Landesbank Baden-Württemberg (LBBW) has selected Xenomorph’s TimeScape data management system for use within its group risk control department. LBBW needed greater data transparency, higher data quality and faster access to ever-increasing volumes of market data.
“We had a requirement for a data management system that would give us much greater data transparency across the different departments,” said Peter Westphal, project manager from the risk control team at LBBW. “TimeScape meets these demands – increasing our capacity to centralise, store and consolidate multiple data sources, as well as increasing the speed with which this data can be analysed. The risk control team has the flexibility to create bespoke validation tests quickly. This delivers increased productivity not only within the risk department but across the whole organisation, as data is being published to lots of other departments, too.”