Customer Ask
We are spending a lot of time coordinating with stakeholders from varus reference data sources and struggled to manage their hierarchies
We implemented the “Reference Data Management” solution for a mid-sized Banking & Financial Services organization to manage Complex Hierarchies and Reference Data and saved 40% on project costs
“DATAECONOMY implemented a creative solution to manage a very Complex Hierarchy and Reference Data at a fraction of a cost.”
– SVP, Reference Data Management,
Data Governance Office
Data Governance Office
40%
Cost of Reference Data Management
implementation by 40%
implementation by 40%
The Solution
Reference Data Management solution provides intake, cleansing, standardization, and management of Reference data. Provides required operating model, data processing, workflows, integration, and distribution solution for simple (out-of-the-box) and complex Reference Data implementations
Core Features
- Operating Model (Community, Domains, Assets)
- Integration with Reference Data Providers (Gateway and File System Integration)
- Security Implementation based on LOB access
- Reference Data Approval Workflows