Financial Services

Digital transformation for financial services is vital amid the surge of competition. Fintech players and data-rich tech firms are forcing financial service leaders to embrace disruptive innovation at speed, demonstrating a “north star” of technology-enabled client success. To stay relevant, new customers must be won and retained through exceptional, hyper-personalized experiences powered by digitization focused on unlocking data across the organization.

Actionable insights on performance, growth, and optimization have become more efficient and cost-effective – putting more accurate, timely information in the hands of decision-makers. Today’s market conditions and regulatory pressures require a different, practical approach to addressing management’s need to know more.

To meet evolving needs in a data-first, cloud-driven world, financial leaders must undergo business process transformation and focus on shifting the enterprise with data-centric infrastructure and strategic direction.

Business Insider Intelligence reports tech giants are set to grab up to 40% of the $1.35 trillion in US financial services revenue from incumbent banks.

Success Stories

Finance

Data Management

Contact Master for Major Financial Institution

Business Need

Contact/Gold master record across business units Solution with: Overall maintainability Cost-effectiveness Ability to easily apply business rules Re-use of current…

Challenge

~40 source systems that house 10M+ contact records Challenging to match contacts across multiple sources Other locally-built data systems; would…

Solution & Results

Delivered Informatica Contact Master across all 40+ systems Installed and deployed Informatica MDM in lab and pre-prod environments Potential $7.8M…

Finance

Data Engineering

Data Lake Modernization & Automation for Credit Union

Business Need

Modernized and consolidated data lake to support existing Power BI dashboards Replace current raw data transformation processes Data structured to…

Challenge

Minimal automation, requiring report manipulation Low confidence in process/data Inability to capture true current cost Process perceived as slow and…

Solution & Results

Modernized and automated data lake, improving performance and reducing cost Improved member/customer view and historical look-back, driving data-driven decision-making across…

Finance

Data Management

EDC & Axon Implementation for Largest Auto Lender in the US

Business Need

Address CCPA and other regulatory and business requirements; reduce audit exposure Establish an enterprise data dictionary of critical data elements…

Challenge

Several disparate legacy data dictionaries Inconsistent and incomplete source data Changing priorities from IT and Business stakeholders Lack of business…

Solution & Results

Installed, configured, tested, and delivered into production EDC and Axon Rationalized 50,000+ data definitions; promoted business understanding of the source,…

Finance

Advanced Analytics

Modern Data Platform for Niche Retail Banking Company

Business Need

Self-service data platform that provides data, when needed, as well as ad-hoc analytics into the data Empower the business, giving…

Challenge

Lack of timely data insights for decision making Unable to drill into existing reports for insights Limited resources on BI…

Solution & Results

Implemented an end-to-end modernized data platform, allowing: Data ingestion: Optimized ETL engine to data lake Data lake: Data warehouse as…

Finance

Product & Project Management

Merger & Acquisition for Major Financial Institution

Business Need

Largest banking merger in history Create a technology strategic plan to integrate the centralized retail business of one bank into…

Challenge

Collective scope of 1,000+ systems and ~$150M annual project spend with $300M+ base costs Stay off the front of the…

Solution & Results

Defined approach and sold to C-suite including future state architecture, surviving system strategy and framework, processes, and roadmap Provided options…

Testimonials