- Unified, Interactive Customer Facing applications
- Front Office Automation
- Rationalize & Standardize Silo'd systems
- Process Automation, Process Decisioning
- Decision Automation & Consolidation
- Risk Decisioning, Underwriting
- Product Lifecycle Mgmt
- Rating & Dynamic Pricing
- Data Integration & Mgmt
- Incentive Compensation Management
- Billing
- Agreement Management
You are here: Industry Needs Addressed > Data Integration & Mgmt
As business expanded, enterprises added applications to support new business lines and products. Each such system was built with its own information repository. Enterprises are striving to become more customer-centric and move away from silo's.
Enterprises are also confronted with the challenge of increasing data volumes. Such data often resides in silo'd databases and needs to pulled out from its silo and be made available on a consistent basis across the enterprise so that business can act on it. IT divisions have taken on the challenge to develop an integration strategy which can integrate the required data across disparate systems. A vareity of business drivers underscore the need for enterprise data integration:
- Inconsistent information between disparate systems.
- Keeping the legacy systems alive which have rich functionality and need to be integrated with new generation systems.
- Reduce complexity owing to lack of data standards.
- Enterprise Agility that can be derived from Data integration to enable loose coupling of various enterprise systems.
- Reduce IT maintenance costs and improve productivity by providing common data definitions, tools and practices to various project teams, leveraging development work from project to another.
- Compliance in a fast changing regulatory environment
ValueMomentum Services:
ValueMomentum leverages its industry process experience and technology expertise in Data Integration to assist clients in a variety of initiatives spanning Setup of consistent, real-time (or near-real-time) and accurate data stores to Setup of Customer Information Master Data that provide consistent 360 degree view of Customers. ValueMomentum's services for Enterprise Data integration can serve as a foundation for many initiatives within the enterprise:
- Data warehousing
- Operational Data Store
- Data or Legacy migration
- Single view of a “subject area” such as – “Customer”, “Product”.
- Data Synchronization
- Business Activity Monitoring (BAM)
