Scale at Speed™
Overview
The client is a global leader in the insurance and asset management industry. It operates in 70+ countries, has 155,000 employees, and serves millions of customers worldwide. However, it faced significant challenges with fragmented data governance, which caused inconsistencies and inefficiencies. Tech Mahindra implemented a robust data governance framework, defining roles, streamlining processes, and ensuring seamless data flow.More
The client is a global leader in the insurance and asset management industry. It operates in 70+ countries, has 155,000 employees, and serves millions of customers worldwide. However, it faced significant challenges with fragmented data governance, which caused inconsistencies and inefficiencies. Tech Mahindra implemented a robust data governance framework, defining roles, streamlining processes, and ensuring seamless data flow. The solution enhanced data quality, compliance, and decision-making, driving digital excellence and operational agility.
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Client Background and Challenges
The client is a global leader in insurance and asset management. With a workforce of 155,000 employees, it operates in 70+ countries and delivers comprehensive insurance and asset management services to millions of customers worldwide. As part of its digital transformation efforts, the company faced significant challenges in data governance, role definition, and tool migration. Addressing these challenges required a structured framework, a business glossary, a data catalog, and a seamless transition to Informatica CDGC.
Our Approach and Solution
Business and Community Impact
- Top Industry Recognition: Ranked among the top five operating entities for data and analytics across 27 entities.
- Sustainable Data Governance: Established frameworks for a long-term, scalable governance program.
- Enhanced Decision-Making: Streamlined KPI tracking and improved data-driven insights across domains.
- Unified Business Language: Created a common terminology, fostering collaboration across teams.
- Accelerated Issue Resolution: Enabled data lineage for faster identification of system-wide impact.
- Improved Technical Competency: Enhanced proficiency in Informatica’s data governance tools.
- Standardized Metadata Management: Shifted from siloed practices to a consistent documentation approach.
- Increased Governance Maturity: Improved scores across 21 KPIs, rising from 64 to 89.
- Superior Data Quality: Achieved a minimum 95% data quality score across 350+ data elements.