Like many organisations, our client has issues around data management. Firstly, data was managed in silos across different geographies and applications. And secondly, the client relied on multiple external investment data providers for information such as security reference data, security pricing, credit ratings, etc., in addition to multiple sources of accounting positions and transactions data. These issues created a conflicting version of truth.
The client needed a solution that would provide them with timely, accurate and consistent investment data across their global operations. They embarked on an initiative to establish a centralised data repository as the key component of its global data management architecture. The client asked us to review their proposed global data management architecture and data management strategy to validate their overall approach as well as benchmark it against global best practices in the management of investment data.
