Optimize Financial Service Organization Data

Use Case
Financial Service organization had missing, duplicative, and inconsistent Customer and Counterparty data.

Existing Process
Large scale implementation of Master Data Management (MDM) systems with manual rules matching and 6+ months to implement to achieve at best 85% quality.

Our Approach
ZettaSense wizards were used for Individual or Institutional party entity resolution wizard.  Business and Data SMEs trained system to resolve and clean data with little to no coding involved.

Benefit
Able to achieve 96-98% accuracy rates through automation; delivered clean Customer data within 2 months and reduced Total Cost of Operation (TCO) of up to 90%, with savings greater than $3M annually.