Enterprise data transformation
Objective
A UK based bank wanted to embark on an enterprise-wide data strategy and transformation programme, to centralize it's D&A capabilities including master data management, data catalogue, analytical tools and platforms.
Challenges
- Siloed approach to data governance and tool usage across the bank
- Data quality maturity inconsistencies
Approach
- Created a centralized repository of high-quality data
- Automated an end-to-end solution from data sourcing to visualization
- Incorporated ML models to analyze data patterns, report outliers and resolve entities with string matching algorithms
Impact
- Enabled Program Managers to use trusted data for investment insights with increased frequency of reporting
- Reduced processing efforts by 90% from over 15 market data sources
Questions