Insurance is a highly competitive business that hinges on providing the right products and industry-leading service to customers. Accurate data is the lifeblood of this business. To overcome their struggle with fragmented data across product lines, functions and channels, a leading US-based insurance company has built a world-class information management practice to enable the company to quickly collect and analyze data, whether it is financial, claims, policy or customer data.
DW Architectures are getting more complex in response to business requirements and rising data complexity. Survey respondents in a Philip Russom analysis say that standards are the key to dealing with the challenge.