Gras Savoye is an insurance lead brokerage firm in France since 1992, that partners with companies of all sizes to manage risk and protect assets—insuring property and casualty, cargo and transport, life and health, automotive, construction, civil liability, and more. The company is a subsidiary of Willis Towers Watson, the third largest brokerage and consulting firm in the world.
“Thanks to the flexibility of Informatica MDM – Customer 360, we can meet our needs for ACPR compliance even as KYC legislation continues to evolve in France and beyond.”
- Meet tight deadlines for complying with Know Your Customer (KYC) regulations
- Set the stage for a digital transformation and become more data-driven
- Centralize data to better assess the risk of financing fraudulent and illegal activities
- Worked with Informatica Professional Services and Micropole to implement a master data management (MDM) solution
- Provided a single source of truth for KYC status for the compliance team
- Allows the compliance team to spot potential third parties associated with illegal activity
- Created a trusted, comprehensive view of third parties across the organization to support Know Your Customer (KYC) processes
- Met the compliance deadline despite the COVID-19 lockdown—going live in just five months for the first main applications
- Establishes high-quality data that can be fed into applications