
Centralize insurance data with a scalable ODS to drive analytics, reduce MIS inconsistencies, and support enterprise-wide reporting.
Vendor
C2L BIZ
Company Website
Empowering the last mile to make effective and exceptional decisions
SymbioSys ODS is a robust solution for a centralized view of the business which transform information into knowledge. A platform that helps Insurer in building business intelligence and analytics with a comprehensive, flexible & scalable framework to consolidate all business data points on single platform with flexible scheduling of data extraction, transformation and loading process from multiple sets of data to drive business goals.
It helps in delivering relevant information to right people on real time basis, empowering business users to share, extract and drill down information with larger audience for better synergies and actions.
Business Challenges
- Absence of single unified enterprise wide data view
- Challenge of consolidating the complete transaction information dynamic insurance policies and channel reporting hierarchies
- Too many points to point handshakes leading to growing batch window for core processing systems
- Absence of single unified data structure for enterprise wide MIS
- Absence of high availability information for business when the core system batch processing is in progress
Business Drivers
- Reduced inconsistency between departmental / System level MIS
- Can monitor enterprise wide KPI’s and Business parameters better
- Can provide single source for all regulatory needs
- Can shield the core systems being accessed by multiple front-end systems and optimize their performance
Features
- Ready Insurance Enterprise design Operational Data Store (ODS)
- Ready enterprise wide ODS data structure uniquely designed for Insurance industry
- Quick Time to Market for enterprise wide Transactional Data Consolidation
- Optimised for low cost adoption and future scalability
- Ease of maintenance by insurer itself, once implemented
Benefits
- A single business wide enterprise wide source for all downstream systems
- Easy to create all types of MIS (Management Information System)
- Reduced inconsistencies across department and systems as all refer to a single truth
- Can become a single source for future Data warehouse and Analytical needs