Data quality &

Observability

for banks.

SelectZero helps banks meet BCBS 239, DORA, and GDPR with automated data validation, lineage, and a centralized business glossary. Built for data warehouse teams, risk, and finance.

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Banking data is under more scrutiny than ever

Banks face strict supervisory expectations on risk data aggregation, reporting, and operational resilience. Regulators expect demonstrable evidence of data quality, traceability, and ownership across every reporting cycle. At the same time, manual validation processes spread across departments slow down end-of-month reporting, increase reconciliation effort, and create compliance risk.

Regulatory pressure is increasing

Supervisors apply BCBS 239, DORA, GDPR, and the ECB Guide on effective risk data aggregation and risk reporting. Non-compliance carries fines, capital add-ons, and reputational damage.

Manual validation does not scale

Validations spread across reports, scripts, and spreadsheets create inconsistent coverage, slow incident detection, and increase audit effort.

Ownership and lineage are hard to evidence

Auditors and supervisors expect clear lineage, documented ownership, and traceable transformations across data warehouses, risk systems, and reporting layers.

BCBS 239

Risk data aggregation and risk reporting principles for global and domestic systemically important banks.

DORA

Digital Operational Resilience Act, covering ICT risk and data integrity.

GDPR

Data protection, with a focus on lineage and accountability for personal data.

EU AI Act

Data quality requirements for AI and ML systems used in banking.

The Basel Committee published 14 principles for risk data aggregation and risk reporting, grouped into four categories. SelectZero capabilities map directly to the supervisory expectations across each category. Read more from our blog.

Customer stories

How banks use SelectZero to meet regulatory expectations and reduce manual effort.

SEB Baltics integrated SelectZero with its data warehouses and credit risk scoring systems across Estonia, Latvia, and Lithuania. The platform replaced inconsistent, manual validation processes with automated, scheduled validation and alerting.

By standardizing validation with SelectZero, SEB improved compliance tracking for BCBS 239 and Risk Data Aggregation and Risk Reporting (RDARR). The platform identifies inconsistencies in customer risk scoring data fields, preventing errors that could lead to incorrect risk assessments and potential compliance breaches.

1000+

data validations executed on daily and monthly schedules

3 countries

covered: Estonia, Latvia, Lithuania

BCBS 239 and RDARR

compliance tracking standardized

“Our collaboration with SelectZero has been smooth and productive. When implementing new solutions, our main goal is for them to help optimize resource usage. The integration of SelectZero’s platform simplifies banking processes and enables us to make even more detailed and personalised decisions based on the data we have.”

Head of Product Development and Technology Area

SEB case study

Citadele replaced manual, departmental validation processes with SelectZero across Oracle, SAP IQ, and Databricks environments. Regular data quality check execution throughout the month identifies and resolves financial data issues in advance, removing pressure from the end-of-month reporting cycle.

Citadele is using SelectZero to improve compliance with BCBS 239 and additional regulations including DORA, GDPR, the EU AI Act, and the Guide to Internal Models. The platform provides clear evidence of data quality levels for specific compliance use cases.

End-of-month

reporting workload reduced through proactive checks

3 platforms

integrated Oracle, SAP IQ, and Databricks

BCBS 239, DORA, GDPR, EU AI Act

supported

“The SelectZero platform, while simple and user-friendly, offers the most crucial data quality monitoring capabilities. It is developing rapidly, with new features being added constantly. As a client, we appreciate having a say in development to ensure it aligns with our needs. Additionally, the responsive support provided by the SelectZero Team has been invaluable.”

Anastasija Kravceva, Head of Data Architecture and Delivery, Citadele

Citadele case study

Frequently Asked Questions

How does SelectZero support BCBS 239 compliance?select02026-05-21T10:28:31+03:00

How does SelectZero support BCBS 239 compliance?

SelectZero supports compliance with BCBS 239 across all four principle categories. Automated data validation and anomaly detection address accuracy and integrity of risk data. Visibility into data sources, pipelines, and transformations supports completeness across business lines, entities, asset types, regions, and risk types. Continuous monitoring of data freshness and pipeline delays addresses timeliness. Lineage tracking, the data catalog, and the business glossary together provide the governance, traceability, and accountability evidence supervisors expect.

A full mapping of SelectZero capabilities to the BCBS 239 principles is available in the BCBS 239 article.

Which banking regulations does SelectZero help address?select02026-05-21T10:28:48+03:00

Which banking regulations does SelectZero help address?

In addition to BCBS 239, SelectZero supports compliance work for the ECB Guide on effective risk data aggregation and risk reporting (published May 2024), Risk Data Aggregation and Risk Reporting (RDARR), the Digital Operational Resilience Act (DORA), GDPR, the EU AI Act, and the ECB Guide to Internal Models. The platform is used by banks to produce audit-ready evidence of data quality, ownership, and lineage across these frameworks.

Can SelectZero be deployed fully on-premises?select02026-05-21T10:38:00+03:00

Can SelectZero be deployed fully on-premises?

Yes. SelectZero is designed for secure enterprise deployment and runs fully on-premises or in private cloud without external network requirements. Deployment options include a Docker container, Docker Compose, Kubernetes (with managed persistent volumes on AWS EKS, Azure AKS, or GCP GKE), or a standalone Java application. The platform complies with OWASP ASVS Level 2 standards.

How does SelectZero handle authentication and access control?select02026-05-21T10:38:00+03:00

How does SelectZero handle authentication and access control?

SelectZero integrates with LDAP, Active Directory, and OAuth2 for authentication, which allows banks to use their existing identity infrastructure. All user secrets and files are encrypted at rest. Custom encryption keys are supported for environments that require them.

How long does implementation typically take in a bank?select02026-05-21T10:38:00+03:00

How long does implementation typically take in a bank?

The platform deploys as a containerized application, and banks have integrated it with their data warehouses, risk systems, and reporting layers without requiring extended setup work. The typical time-to-value is short because validations are written in standard SQL rather than a proprietary scripting language, so risk and finance teams can begin authoring data quality checks immediately.

What data sources and platforms does SelectZero connect to?select02026-05-21T10:38:00+03:00

What data sources and platforms does SelectZero connect to?

SelectZero connects to the data warehouses, databases, and BI tools commonly used by banks. Data warehouse support includes Snowflake, Databricks, Redshift, BigQuery, SAP IQ, Teradata, Vertica, Apache Hive, and ClickHouse. Database support includes Oracle, Microsoft SQL Server, PostgreSQL, MySQL, MariaDB, IBM DB2, SAP Hana, and others. Additional sources include CSV and Excel files, S3 (AWS Athena), SAS, Salesforce, SharePoint, and REST API endpoints. Notifications can be delivered through email, Slack, Teams, Jira, or custom APIs.

How are validations authored and maintained?select02026-05-21T10:38:00+03:00

How are validations authored and maintained?

Validations are written in standard SQL, which means risk, finance, and data warehouse teams can use familiar skills without learning a proprietary language. The platform also includes a standard validations library for common data quality checks. Validations are scheduled (daily or monthly are typical in banking), and failed rows trigger email alerts to the responsible owners. Banks in the SelectZero portfolio run more than a thousand validations on regular schedules.

What audit evidence does SelectZero produce?select02026-05-21T10:42:05+03:00

What audit evidence does SelectZero produce?

SelectZero maintains historical records of validation results, including which checks ran, when, on which data, and which rows failed. Lineage tracking shows how every reported figure is produced, from source through transformation to report. The data catalog documents data assets, ownership, dependencies, and quality status. Together these provide audit-ready evidence for internal audit, external audit, and supervisory reviews.

Who at a bank typically uses SelectZero?select02026-05-21T10:41:51+03:00

Who at a bank typically uses SelectZero?

SelectZero is used by data warehouse teams, risk and finance teams (both IT and business users), data stewards, and compliance functions responsible for regulatory reporting. The platform is designed so non-IT users in risk and finance can author validations and explore the catalog without requiring continuous IT involvement.