INDIA: NSE Utilizes Qlik For Managing Compliance Monitoring Over Regulated Entities

Thursday June 2 2022

On 1^st June 2022, National Stock Exchange of India Ltd (NSE) announced that is utilizing Qlik to support and augment its regulatory capabilities. Qlik supports multiple teams within NSE to drive efficiencies and provide insights for facilitating data-informed decisions.

NSE uses Qlik’s analytics to integrate data inputs from numerous databases, including trading data, clearing and settlement data, reporting by members, risk management services and client data. The Qlik Associative Engine allows for associations to be made from multiple datasets, enabling NSE to generate insights from all their data collectively and run comprehensive reporting for regulatory purposes. These associative insights built into their dashboards help the team to quickly be alerted on risk areas so they can take informed decisions.

With Qlik, NSE has significantly reduced the time needed to integrate and load data. Manual tasks have been greatly reduced and tasks that used to take 3-6 hours can be completed within 30 minutes. This has aided the regulatory teams of NSE in driving better efficiencies by facilitating data analysis and improved decision-making capabilities. Qlik has also empowered non-technical NSE team members to create and use their own reports with no-code solutions and natural language processing.

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