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Enterprise MDM Transformation Unlocked: Coforge Elevates Data-Driven Capabilities for Leading Financial Firm’s Investment Management

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Overview.

A leading financial services firm in the US faced a daunting challenge in the rapidly evolving investment management landscape. The dispersed data landscape with multiple sources of customer and organizational data hindered operational efficiency, limited strategic decision-making, and hampered innovation. The client recognized the need to unlock the full potential of its data assets to achieve strategic business goals and operational efficiency.

Challenges.

  • Dispersed data landscape with multiple sources of customer and organizational data.
  • Hindered operational efficiency and limited strategic decision-making.
  • Need to unlock the full potential of data assets for strategic business goals.

Solutions.

A dedicated team of data pioneers embarked on an enterprise-level Master Data Management (MDM) implementation, leveraging cutting-edge technologies and industry best practices:

  • Integrated data from multiple suppliers, creating a single source of truth for customer and organizational data.
  • Established a robust data processing framework to consolidate and cleanse disconnected data, reducing manual effort and ensuring data integrity.
  • Facilitated seamless collaboration and flexibility between internal and external users, enhancing data accessibility and driving informed decision-making.

The impact.

50%

Improvement in Data Quality

1.3mn+

Unique Golden Copy using EBX MDM Tool

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