A leading, multinational Insurance company. Logo withheld. References available on request. Contact us.
Key Focus Areas
Data Roadmap, Data Management Strategy, Data Governance Framework, Data Policies & Standards, Processes & Workflows
The client required assistance developing a data strategy to align with their global business strategy. Stakeholders recognized that a diversified product portfolio combined with a history of acquisitions and legacy processes had created a silo data environment that would not be sustainable in today’s highly-digitized business world.
RXP recognised that the most difficult part of a data strategy was not about technology itself, but the engagement of the people/stakeholders involved or impacted by the changes. RXP adopting our internal RXP discover process, and enabled RXP to develop an executable data strategy aligned to the client’s core principles in 6 weeks.
Our data strategy included the following six key components:
- Master Data Management
- Data Quality Management
- Data Life Cycle Management
- Metadata Management
- Data Governance Framework
The Outcome & Benefits
The client now has an overarching data management office to execute actions and processes outlined in data strategy. They now have a clear vision on how to facilitate the execution of the Data Roadmap. RXP is now engaged in delivering Phase Two, focusing on practical use of the data strategy components to drive data culture, value awareness and continuous improvement.
Want to talk to us about how we deliver high ROI project across Asia?