Financial Services/Insurance

Embrace ever-changing regulatory and compliance requirements.

The financial services and insurance industry is continually hit by a perfect storm of three challenges:

  • Regulations & Compliance:  Constantly changing regulatory and compliance requirements.
  • Customer Demands:  Increasing customer expectation for innovative services across all channels and across all touch points.
  • Market Complexity:  Evolving domestic, global, and interconnected market.

These challenges hinder the firms from achieving a complete 360o view of their clients, which in turn, results in the following pain points:

  • Low marketing ROI
  • Customer dissatisfaction
  • High customer management costs
  • Increased liabilities due to non-compliance
  • And many more

LumenData can help you address the above issues by showing you how to leverage our Data Governance services and industry-specific MDM expertise.