ChainSys Powers Enterprise Data Strategy & Governance for a Global Leader in Risk Management and Financial Advisory

Client Overview

A leading global provider of risk management, corporate governance, and financial advisory services, specializing in investigative services, cybersecurity, compliance, and financial solutions. With expertise in forensic accounting, litigation support, and regulatory compliance, it helps organizations navigate complex business challenges across industries such as financial services, government, healthcare, manufacturing, and energy.

Project Scope

Enhance Data Ecosystem: Build a unified, governed data environment to support advanced analytics and business operations.
Data Extraction:
- Consolidate 200 million data from various sources, including PDFs and templates, into a unified repository.
- Ensure data quality with checks, controls, and corrections.
Master Data Management (MDM):
- Centralize, de-duplicate, enrich, and validate Client and Company data.
- Enable automated data enrichment using trusted external providers.
Data Governance:
- Implement policies and standards for data privacy, ownership, and governance.
- Define clear operating guidelines for data management processes.
Digital Transformation Support:
- Support migration to MS Dynamics and seamless integration with Salesforce.
- Provide a single source of truth for Client and Company data.

Business Situation

The client's diverse business operations rely on vast amounts of data coming from multiple systems and sources, which include client data, company information, and transactional data. However, managing and extracting valuable insights from this data has been challenging due to the siloed nature of their data infrastructure and the complexity of the information. Key challenges include:

Data Fragmentation: Data is stored across various systems, often in disparate formats, making it difficult to consolidate and utilize for decision-making.
Data Quality Issues: Inconsistent data quality, including duplicate records and errors, leads to inefficiencies and increases the risk of incorrect decision-making.
Manual Data Management: Heavy reliance on manual processes for data maintenance and reporting, resulting in slow response times and high operational costs.
Lack of Governance: Without clear data ownership and governance policies, there is a risk of non-compliance and missed opportunities for optimization and automation.

Technical Solution

The client’s 200 million records were fragmented across legacy systems, spreadsheets, and PDFs, causing silos, data quality issues, and compliance risks. ChainSys planned to unify this landscape with dataZap for consolidation, dataZen for de-duplication and enrichment, and dataZense for governance and analytics, while enabling smooth migration to MS Dynamics and Salesforce, creating a scalable, governed data foundation.

Solutions

Unified Data Integration: ChainSys dataZap consolidated 200 million data from disparate systems into a centralized repository, ensuring consistency, accessibility, and reliability for reporting and analysis. The platform effortlessly integrated with existing systems, including MS Dynamics and Salesforce, facilitating a seamless migration process.
Master Data Management (MDM): ChainSys dataZen centralized and de-duplicated client and company data, creating a single, authoritative source of truth for all critical business information. Automated data enrichment features enhanced data accuracy and completeness by sourcing information from trusted external providers.
Data Governance and Compliance: With dataZen and dataZense, the client benefited from comprehensive data governance capabilities, defining data ownership, privacy policies, and operating guidelines for effective data management. The platform included audit trails and data lineage tracking to ensure transparency and accountability across all data processes.
Low-Code/No-Code Development: ChainSys Smart App Builder enabled non-technical users to create customized data management solutions without complex coding, reducing dependency on IT and accelerating the development of data management applications.
Advanced Analytics Enablement: ChainSys dataZense empowered the client to harness advanced analytics, machine learning, and AI for deeper insights and drive business growth by providing clean, well-governed, and consolidated data. ‍
Improved Reporting and Dashboards: ChainSys dataZense simplified reporting and dashboard creation by integrating data from multiple source systems, cutting down the time needed to generate unified, actionable insights.

Illustrations

No items found.

Benefits

Streamlined Data Management: The centralized platform reduces the complexity of managing multiple data sources and systems.
Faster Decision-Making: With over 200 million of consolidated and high-quality data, the client can generate reports and insights faster, enabling better decision-making.
Governance and Compliance: ChainSys ensures that the client adheres to data governance best practices, protecting sensitive information and meeting regulatory requirements.
Enhanced Operational Efficiency: Automation and low-code/no-code tools reduce manual data management efforts, leading to significant cost and time savings.

Products & Services Used

dataZap was used to consolidate 200 million data from disparate systems into a centralized repository.
dataZen was used to centralize and identify duplicate client and company data, thus creating a single source of truth.
dataZense was used for reporting, advanced analytics, and dashboard creation.
Smart App Builder enabled non-technical users to create customized data management solutions without complex coding.

Industry:

ChainSys Powers Enterprise Data Strategy & Governance for a Global Leader in Risk Management and Financial Advisory

Let's Enliven Your Data