Creating a New Data Quality Analysis

You can select multiple exposure views and contracts as the targets for a Data Quality Analysis.

To perform a Data Quality Analysis:

1.     Create a project or open an existing project.

2.     Add an exposure view, or highlight an existing exposure view or views.

Or, open the Contract List for an exposure view and then highlight one or more contracts.

3.     With the exposure views or contracts highlighted, under Run Analysis, click Data Quality Analysis (if you highlighted exposure views) or Contract Data Quality Analysis (if you highlighted contracts).

The New Data Quality Analysis pane displays the name of the analysis target or targets. It also indicates how much of the exposure data has not been geocoded. Since Touchstone does not generate results for non-geocoded locations, you may want to fix the data before running the analysis, if the percent of non-geocoded data is high.

4.     In the Data Quality Analysis Diagnostics area, select and configure each diagnostic that you want to run. Depending on the diagnostics and the actions that you select, you may need to set several diagnostic-specific configuration options.

•       Validate and Score: Enables you to configure the following diagnostics to assess data quality and completeness:

•       Score Data

•       Validate Data

•       Create Rating Agency Reports

•       Benchmark: Enables you to configure the following diagnostics to review and compare your data to the aggregate data in AIR's Industry Exposure Database:

•       Review Industry Data

•       Compare with Industry Data

•       Augment: Enables you to update inaccurate location details, or add missing location details and replacement values to your exposure data:

•       Enhance with Property-Specific Data (if AIR's Property-specific database is licensed) and/or User-Specified Values

•       Select data consistency options

5.     To narrow the scope of the data being analyzed, click Analysis Filters. ExampleYou can choose to analyze only those exposures with a total replacement value above or below a specific value.

6.     Click Analysis Management to configure analysis-specific functions.

7.     Optionally, in the Analysis Prefix field, enter a prefix to distinguish between analysis results when you run an analysis with multiple targets. Touchstone generates separate analysis results for each analysis target.

The Analysis Prefix field appears only when you have selected multiple analysis targets.

8.     In the Analysis Name field, if the analysis target is a single exposure view or contract, you can leave the default, which is the exposure view name or the contract ID and the type of analysis, or you can enter a unique alphanumeric identifier. If the analysis target includes multiple exposure views or contracts, you cannot change the default name, which is "Auto name ('n' items)".

9.     Click Run.

Data Quality Analysis adds the project to the Activity Monitor queue for processing when the required system resources are available.

10.  View the analysis results.