Governance Hub: the heart of Reale Group’s Data Governance
A journey that has transformed Data Governance from a regulatory requirement in to a strategic asset.
“We learned that data quality and data management are not just a regulatory issue, but a strategic element to support more informed business decisions, improve operational efficiency and ensure increasingly thorough and cross-functional control over corporate data.”
“Choosing Irion was not merely a solution to specific needs, but a strategic move to foster a more comprehensive and unified approach to data management.”
“Choosing Irion was not merely a solution to specific needs, but a strategic move to foster a more comprehensive and unified approach to data management.”
Salvatore Aufiero, Alice Lo Gioco
Data Manager and Data Management Specialist – Reale Group
Customer since
2018
Requirements
Ensuring consistency, traceability, and an integrated view of corporate data
In an increasingly complex regulatory and organizational environment, Reale Group has embarked on an evolutionary journey towards a broader, more effective and shared data governance, overcoming vertical structures and information silos.
Governing information processes with shared principles
The different business units operated with unaligned tools. It was necessary to build a central hub to orchestrate the management of data and responsibilities.
Guaranteeing compliance in a sustainable manner
Regulations such as IVASS and GDPR required robust, traceable, and auditable processes. The goal was to simplify and automate these activities.
Enhancing the accessibility and reliability of data
With distributed and fragmented data, it was difficult to obtain consistent information to support strategic and operational decisions. A unified and controlled view was needed.
Ensuring accountability in data management roles
The active involvement of data owners, data stewards, and stakeholders was essential to implement a shared governance model, enabled by flexible tools.
Challenges
Building a single solution to orchestrate data, roles and processes
Tackling regulatory complexity with agile tools
Regulations required precise and continuous controls. Irion allowed for the configuration of specific quality and tracking rules, adaptable over time.
Avoid duplications and streamline the architecture
The Hub & Spoke approach proposed by Irion allowed for the elimination of functional redundancies and the management of multiple application areas from a single central solution.
Encouraging user adoption and engagement
Thanks to its flexibility and user-friendly interface, the platform has been widely adopted, fostering accountability and a data-driven culture.
Solution
The Governance Hub: a central and modular solution for data governance
Capabilities
- Centralized management of data governance activities
- Flexible modeling of technical and business metadata
- Advanced monitoring through configurable dashboards
- Automation of data quality rules and validation
- Integrated notifications and workflows for the various roles involved
- Scalable and reusable hub & spoke architecture (e.g., ORSA, IFRS 17)
Results obtained
- Reduction of operational risk
- Improvement of operational efficiency
- Enhancement of data quality and accessibility
- Consistency of the user experience across different solutions (i.e., ‘standardized’ user interfaces to meet the same needs)
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