Transforming Data Management in the Financial and Insurance Sector Through Enterprise MDM and Big Data Technologies
The client is a prominent Financial and Insurance company based in the USA, renowned for its diverse portfolio of services.
The client is a prominent Financial and Insurance company based in the USA, renowned for its diverse portfolio of services. Faced with the challenge of efficiently managing data across various businesses, the client sought to build a robust Enterprise Data Management (EDM) platform that could serve as a central repository for data, supporting business analytics requirements while incorporating Master Data Management (MDM) capabilities.
Services
20% reduction in system downtime during data source modifications.
30% improvement in data processing efficiency.
Achieved a 25% reduction in data errors and redundancies.
Realized a 15% cost reduction using scalable and cost-effective technologies.
Leveraging Amazon cloud services and Talend Big Data platform to establish a solid foundation.
Designing, constructing, and deploying an EDM platform with a plug-in architecture for flexible data source management.
Employing Big Data Pig infrastructure for efficient transformation of data into a canonical format.
Applying data standardization and transformation rules to ensure consistency in the canonical format.
Implementing a complex matching algorithm to identify duplicates across all data sources.
Executing conflict resolution processes to identify data collisions and proactively generate notifications.
Applying survivorship rules to extract attributes and create a unified master record from grouped data.
Utilizing AWS data pipeline for orchestrating the entire data processing workflow.
Incorporating various components such as AWS (EC2, S3, RDS, MySQL, EMR), Scoop, Pig, Data Pipeline, Talend MDM, and Talend Big Data components.
Leveraging Amazon cloud services and Talend Big Data platform to establish a solid foundation.
Designing, constructing, and deploying an EDM platform with a plug-in architecture for flexible data source management.
Employing Big Data Pig infrastructure for efficient transformation of data into a canonical format.
Applying data standardization and transformation rules to ensure consistency in the canonical format.
Implementing a complex matching algorithm to identify duplicates across all data sources.
Executing conflict resolution processes to identify data collisions and proactively generate notifications.
Applying survivorship rules to extract attributes and create a unified master record from grouped data.
Utilizing AWS data pipeline for orchestrating the entire data processing workflow.
Incorporating various components such as AWS (EC2, S3, RDS, MySQL, EMR), Scoop, Pig, Data Pipeline, Talend MDM, and Talend Big Data components.