The ‘golden’ case for a data integration plan

Automation and especially re-automation of business functions can provide huge benefits to any company. Business efficiencies and cost reduction are maximized if the opportunity is taken to re-engineer the business processes, not just upgrading legacy processes that were captured years ago.

One component of the re-engineering process that is often overlooked, is how data will be sourced and integrated into the new application. Ideally, data should come what is called a “golden source”; defined as the accurate source of data for the application.

The problem is few firms have implemented a “golden source” data strategy.

KRM22’s Global Risk Platform provides applications to help you address your firm’s regulatory, market, technology and operations risk challenges and to manage your entire enterprise risk profile. KRM22 is a public Group listed on AIM and headquartered in London.

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