The Financial Services Industry has traditionally been an information-centric industry, with a large stake in enterprise information management. Given that the industry is constantly innovating and finding ways of using information more efficiently, the creation of high quality data environments is considered vital.
Integration of data and processes in the Financial Services Industry is a challenging task, because of the complexity of the data environment. Over the years, the industry has preferred custom development over packaged applications, and the level of data disparity is high. Getting a handle on all of the data, at an enterprise level, is a difficult goal for most companies in the financial services industry to achieve.
Global IDs helps financial services companies create global data environments that are harmonized for consistency and quality at an enterprise level. Our software can automatically scan a company's systems and database environment to find interrelationships between data and metadata on an enterprise basis.
We assist companies in the financial services industry by
- Creating Enterprise Data Catalogs
(comprehensive catalogs of data owned by the company at an enterprise or global level)
- Creating Enterprise Reference Data Repositories
(a "single version of the truth" repository of reference data, listing all the business objects used across the organization, and creating cross reference tables of business metadata and identifying the relationships between metadata in the enterprise landscape.)
- Creating Analytical Environments ( Data Warehouses and Data Marts )
These environments can be used to for
- Risk Analytics
- STP
- Quantitative Analytics
- Business Process Monitoring / KPIs
- Enterprise Reporting
By using a combination of software and services solutions, we automate significant portions of the data integration effort. As a result, we can deliver integrated data repositories to companies at a reasonable cost. We can mitigate the risk associated with such projects, by delivering turn-key solutions.
Click here to find out more about how Global IDs' technology can dramatically reduce time and effort required for global / enterprise data integration projects.
