Maximize Value from your Insurance Data Warehousing Investments
Insurance providers are constantly seeking to improve insight into customer needs, manage risk at an enterprise level, and comply with ongoing regulations. To achieve these ends, they often ramp up investments in new business intelligence, predictive analytics, and enterprise reporting applications. Supporting the functionality of these new systems requires collecting, modeling, and storing data from disparate systems into a data warehouse. But standing in the way of this are several obstacles: legacy systems, various data formats and structures, and questionable data quality. In the face of these challenges, proven data integration and data quality technology in needed to access, transform, govern, and deliver the data that your business needs to succeed.
The Informatica Solution for Insurance Data Warehousing
The Informatica solution for insurance data warehousing maximizes the business value of new and existing data warehouses for business intelligence and enterprise reporting applications. It supports these investments and accelerates the delivery of new projects by employing industry-leading data integration and data quality software.
With this solution, you can:
- Save time by rapidly collecting business requirements and accelerating design, development, testing, and deployment up to 50 percent
- Increase efficiency by identifying and delivering certifiably accurate data while implementing a sustainable data governance process
- Boost productivity by accessing and delivering data into new and existing data warehouses to support business intelligence and analytic and enterprise reporting applications
Key Capabilities of Insurance Data Warehousing
The hand coding commonly used to collect and deliver data into new and existing data warehouses is laborious and error-prone. The Informatica solution leverages automated data integration and data quality processes to accelerate project delivery cycles. This automation reduces costs of development and support and ensures that your organization has the accurate data it needs to drive business.
Based on a single, comprehensive platform, the Informatica solution for insurance data warehousing features the following capabilities:
- Enterprise data integration with prebuilt adapters to source required data from any platform, database, structure, or format, ensuring proper, timely, and accurate data access and delivery from internal and external source systems
- Agile data integration through a Web-based user interface, enabling data analysts to create mapping specifications that can include prebuilt data transformation and data quality rules for IT developers
- Data validation to ensure that data captured and delivered into downstream data marts and data warehouses can be mapped back to stated business requirements
- Data quality management and governance to profile, discover, cleanse, report, monitor, and correct data quality issues to ensure that data is fit for use in your new insurance systems and applications
- End-to-end data lineage analysis and reporting to satisfy audit requests from regulators and avoid the pain of manually documenting how data is captured, transformed, cleansed, filtered, and calculated
- Business Glossary to allow data stewards to manage and maintain business terms and definitions and allow nontechnical business users access to those definitions from their desktops