Enterprise Data Management
Enterprise Data Management (EDM) within financial institutions remains challenging and continues to affect costs and efficiencies throughout the enterprise. EDM software systems have failed to deliver on their promise as lack of data integrity is still an issue on a daily basis, jeopardizing firms’ key performance metrics such as customer service, compliance and overall reputation.
KUDOS is a managed service approach to EDM that ensures data quality on a 24x7 basis. KUDOS delivers end-to-end services that help the firms realize the benefits of their investments in Enterprise data projects.
The KUDOS difference
KUDOS team understands the intricacies of financial data and has the technical knowledge to address the issues. KUDOS leverages a “Service Framework” that is built on years of experience dealing with data quality issues.
KUDOS Service Framework components
The ID-Link HUB - The core of the framework is a hub which provides a Universal Security Identifier across various data sources, both internal and external.
DQAD – A web-based Data Quality and Metrics dashboard. DQAD provides complete view into the data integrity process, along with the points of failure, to the client. It can be customized to get a personalized view into the data management process.
KUDOS Wiki – This rich knowledge base, tightly integrated with DQAD, provides well documented processes for Data Integrity analysts to leverage and resolve any issue in a timely manner.
Data Management Scripts – A set of pre-built scripts which include data-set specific business rules, process maps, algorithms, business exception handlers, alerts and notifications. The scripts can be further extended to incorporate any custom data integrity algorithms and workflows.
The 90-day challenge
KUDOS team can build a “Proof of Value” to demonstrate the effectiveness of their unique service model for the EDM in just 90 days.