SOLUTIONS > DATA GOVERNANCE FOR DATA-DRIVEN INSURANCE

SOLUTIONS > DATA GOVERNANCE FOR DATA-DRIVEN INSURANCE

Data Governance for data-driven Insurance

IVASS Regulation 38

Data Governance for data-driven Insurance

IVASS Regulation 38

Master & Reference Data Row
Master & Reference Data Row

Client testimonials

Citazione Alberto Scavino 1Irion Dots® helped us register all metadata (data sources, business glossary, critical data, and data lineage) and see how it’s related.

Aldo Figari
Data Governance & Business Intelligence Technology, Assimoco Group

Aldo Figari participated as a speaker at Data Management Summit held in Milan on 23 november 2021

Among the subjects considered:
Data Quality, Data Integration, Data Governance, Business Glossary, Data Lineage, IVASS

Gruppo Assimoco
THE NEEDS, THE SOLUTION, THE CHALLENGES
Needs

The needs
Centralize the Data Governance and the Data Quality in one solution

Govern the complexity of business data management in compliance with the IVASS Regulation 38

Data Governance

Implementation of a centralized, solid, extendable Data Governance model to manage:

Data sources

Business Glossary

Critical data

Business Data Lineage

Rule entries

Data Quality

Centralization of business rule catalog, regardless of their physical location in the company

Monitoring and classification of data production chains within the governance model

Collection of results for unified display and use

Evaluation of data quality indicators and possibility to easily navigate thanks to a monitoring dashboard

La soluzione

The solution
Data Governance that constantly evolves

Capabilities

Governance model integrated with Data Quality

Orchestration & Automation

Metadata Driven Engine, Execution & Datastore

Transformation & Rule Engine

Adaptive Data Repository

Dashboarding & Reporting

Results achieved

Metadata repository (model) integrated with the business processes and Data Quality​ metrics

Rule catalog with a centralized vision of the rules distributed on other systems

Special KQIs for monitoring and governing the model on different analysis guidelines

Model kept «alive» thanks to automatic connectors and dedicated loading templates

Some of the figures

3.281 data entires

139 streams​

300 control points​

Over 400 registered rules

Challenges

The challenges
Centralization, change, progress improvement

Centralization

One solution to implement the Data Governance and Data Quality initiatives. ​​

Defining special KQIs to monitor the adoption of Data Governance project initiatives and their effectiveness.​​

Change

A product or a system is just a part of a Data Governance initiative which should facilitate and not impede the change process. ​

Progress improvement

The model, the metrics, the needs change constantly. One cannot crystallize a governance model or think of «one-fits-all-seasons». One should think from the start of how to manage the future changes. ​

DOWNLOAD THE Whitepaper

Read the white paper by the Big Data & Business Analytics Observatory of the School of Management Politecnico di Milano:

Modern Data Governance in Risk Management

Among the subjects considered:

Implementing the Irion solution to comply with the banking regulation Fundamental Review of the trading book
Getting ready for the new regulation
Improved Analysis and Data Governance
Data Quality and Data Reconciliation

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What are you waiting for?
REQUEST A DEMO!

Organize and understand your data as you choose a guiding framework that the industry leaders successfully use. Keep up with the changes as the data increase in volumes and variety. Discover the hidden connections between your data!