Summary of studies on RegTech applications related to data quality
| Data quality | RegTech roles | Academic and gray literature addressing the issue |
|---|---|---|
| Consistency | Facilitates data normalization, ensuring that information is represented consistently across various sources | In total eight studies: A5; G1; G3; G4, G7; G8; G13; G24 |
| Completeness | The data collected reasonably cover the full scope of the question they are intended to answer | In total seven studies: A5; G1; G2; G4; G8; G24; G30 |
| Timeliness | Provides automated data collection, ensures information is captured in real time and eliminates delays | In total seven studies: A5; A17; G1; G4; G8; G27; G24 |
| Accuracy | Provides data governance and accurate data through automated validation | In total 10 studies: A5; G1; G3; G4; G8; G7; G13; G18; G24; G30 |
| Reliability | Allows massive quantities of ESG data to be processed with AI and ML | In total nine studies: A5; G1; G4; G8; G7; G13; G18; G24; G30 |
| Relevance | Determines what ESG issues are significant for organization and material data | In total eight studies: A2; A5; G3; G4; G8; G18; G24; G30 |
| Comparability | Enhances comparability by eliminating discrepancies arising from variations in data formats | In total six studies: A3; A5; G1; G7; G18; G24 |
| Data quality | RegTech roles | Academic and gray literature addressing the issue |
|---|---|---|
| Consistency | Facilitates data normalization, ensuring that information is represented consistently across various sources | In total eight studies: A5; G1; G3; G4, G7; G8; G13; G24 |
| Completeness | The data collected reasonably cover the full scope of the question they are intended to answer | In total seven studies: A5; G1; G2; G4; G8; G24; G30 |
| Timeliness | Provides automated data collection, ensures information is captured in real time and eliminates delays | In total seven studies: A5; A17; G1; G4; G8; G27; G24 |
| Accuracy | Provides data governance and accurate data through automated validation | In total 10 studies: A5; G1; G3; G4; G8; G7; G13; G18; G24; G30 |
| Reliability | Allows massive quantities of | In total nine studies: A5; G1; G4; G8; G7; G13; G18; G24; G30 |
| Relevance | Determines what | In total eight studies: A2; A5; G3; G4; G8; G18; G24; G30 |
| Comparability | Enhances comparability by eliminating discrepancies arising from variations in data formats | In total six studies: A3; A5; G1; G7; G18; G24 |
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