Time-to-Market for Product Launch & Refresh at Major Financial Institution

Improve time it takes to deliver a new credit card to market from 18 to 5 months
Central repository and single trusted view of product information
Improve efficiency of 17 collaborating teams
Unify business user experiences
Reduce operational risk
Expand new revenue opportunity by 27%

Launch/refresh credit card product takes 18 months
428+ data elements scattered across disparate systems for each of the 75 products
Redundant and duplicate data
Outdated infrastructure and extensive testing timelines across multiple impacted parties
No data synchronization between business users from various departments

Reduced time-to-market by 70%
Consolidated 45K critical attribute data fields into a single source, reducing redundancy by ~50%
Improved accuracy of data importing through structured import mapping
Reduced man hours by 38,000
Single batch file identifying department-centric data by unique record numbers
Optimized and synchronized data, improving efficiency for business users and downstream systems for processing
Additional data quality checks reduce risk
Cost savings of ~$3.8M