Master Data Management for Financial Services Institutions

Capgemini offers flexible solutions that helps you to integrate, increase trust and improve access to the most valuable data of your organisation.

Is your information system doing the right thing?

The information system your organisation currently uses was likely built to manage processes, not the data itself. The high value data you need to run the business is scattered across multiple systems with varying levels of integration and consistency. In addition, different interactions often introduce duplicate customer data. All of these lead to poor information quality that can have a negative impact on your business performance.

By harmonising the Master Data gathered from all your internal data assets into a 'single version of the truth', you obtain a clear, consistent understanding of the data across the entire organisation.

Master Data Management for Insurance

Create a centralised data hub

Our Master Data Management services provide the frameworks, accelerators and solutions you need to create a centralised information hub that avoids typical point-to-point integration of different applications. We integrate your information management with your core operational systems, and define and implement robust merging and matching routines for both customer and product.

With our Master Data Management services, you will be empowered to:

  • Enhance your customer relationships, increase opportunities for up-sell and cross-sell, and minimise duplicate customer contacts
  • Enable new multi-channel marketing through the integrated and standardised customer and product information
  • Facilitate faster and better risk rating, credit, or coverage decisions through a better understanding of the applicant
  • Increase productivity and optimise business-to-consumer interactions by providing all customer touch-points with the most up to date information
  • Respond to a growing number of legislative and regulatory initiatives including: The USA Patriot Act, Bank Secrecy Act, OFAC, Basel III, BCBS 239, Data Privacy, Solvency II, HIPAA and the Financial Action Task Force
  • Enhance your management reporting capabilities leading to faster and better business decisions

By working with us, you can create your solutions with a proven use-case-driven methodology that gives you tangible business value quickly.

Confidential, available and secure

Our Master Data Management Center of Excellence supports projects throughout the world with experienced and certified technical resources. We have delivered MDM projects for leading financial institutions in multiple countries, varying from strategies and roadmaps to full life-cycle implementation of Master Data Management solutions. One of our current projects is for a global financial institution in their retail, commercial, and investment bank business units located in different countries.

Contact us

Start getting the most out of your most important assets by contacting us at businessinfo@capgemini.com or reaching out to one of our experts.

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