Finance
Financial Institution that Serves Active Retired Military Personnel Improves Services, Efficiency, & Reduces Risks by Migrating to a Modern Cloud Data Architecture
Data Transformed by the Numbers
Platforms & Systems
Overview
Client was operating in a legacy environment, across disparate platforms, putting them at risk of audit and incurring hefty fines for operating outside of government compliance.
Challenges
Solutions
Results
By moving to a Modern Cloud Data Architecture they were able to:
- Implement Advisor 360 initiative, improving services by standardizing processes and identifying advisor relocations/substitutions through data governance.
- Enhance the efficiency of customer portfolio updates 8x by enabling the incorporation of market data received from third-party vendors at the close of each business day.
- Enable real-time alignment of financial asset data across all branches.
- Minimize the risk of an audit by ensuring that the procedure for appointing financial advisors adheres to federal regulations.
- Enable governance of establishing SLAs and KPIs for Customer Enrollment Performance.