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

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

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