EDC & AXON IMPLEMENTATION FOR LARGEST AUTO LENDER IN THE US

  • 3,200+ employees nationwide
  • $115B+ in managed assets
  • Part of a global network servicing 22M+ customers in 30 countries
l

Business Need

Address CCPA and other regulatory and business requirements; reduce audit exposure

Establish an enterprise data dictionary of critical data elements across core financial systems

Enable processes to automate and orchestrate data

Framework that enables collaboration between IT and Business

Lower project costs

Challenge

Several disparate legacy data dictionaries

Inconsistent and incomplete source data

Changing priorities from IT and Business stakeholders

Lack of business and technical prowess among users regarding the governance platform tools

Lack of data governance oversight

Physical metadata architecture not matching catalogs used to define, find, and implement data flows

Z

Solution & Results

Installed, configured, tested, and delivered into production EDC and Axon

Rationalized 50,000+ data definitions; promoted business understanding of the source, provenance, and correct use of data for management decisioning, increasing efficiency by 18%

Established 6 core business processes to manage key data and mitigate data quality anomalies

Enabled client to leverage financial systems infrastructure for new business opportunities including new products/services and financial instrument offerings, reducing acquisition integration by 2 months

Instituted training to increase tool confidence and knowledge, increasing business adoption by 23%

Provided actionable best practice insights for environment and process improvements