Succeeding in today’s capital markets requires corporate and investment banks to constantly develop customized products targeted at different segments and markets. However, this has led to silo-ed data, processes, and IT infrastructure & applications. Lack of a unified enterprise view prevents businesses from effectively adjusting product price by risk, rolling out new products, and driving operational efficiency. They also struggle to comply with tighter regulatory and risk based supervision.
These challenges basically stem from complications and errors resulting from the use of multiple data standards, repositories and structures, and inefficient data governance. While the industry is taking steps to control these issues further down the value chain, it is becoming increasingly clear that it is critical to address them at the point of origination. Doing so will enable businesses to gain a single, unified view of their assets and liabilities for enhanced efficiencies and outcomes.
Leveraging our proven experience in driving financial data standards, robust governance, and semantic technological innovation, we offer a comprehensive portfolio of enterprise data management offerings. Our offerings help banks gain greater control of data, generating quicker business results. In addition, our extensive corporate banking capabilities enable us to assist banks in achieving technology efficiencies within their global value chain and focus on client efficiency as a growth strategy. We help clients build a robust digital roadmap by consolidating multiple regional corporate servicing systems and leveraging new modes of connectivity. Our team of experts work with clients to enable efficient cloud adoption for specific processes.