Case Study · 26 October 2022 · 2 min read

Old Mutual

Offering a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries

CASE STUDY

Old Mutual is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries.

Their purpose is to help our customers thrive by enabling them to achieve their lifetime financial goals, while investing their funds in ways that will create a positive future for them, their families, their communities and broader society. In this way, we significantly contribute to improving the lives of our customers and their communities while ensuring a sustainable future for our business.

Project:

Management Information DashboardsThe Challenge

ITB is undergoing a platform transformation programme to enhance customer policy and claims experiences by implementing a Guidewire solution.

As a key requirement of the CBP programme, ITB is evaluating the strategy for migrating its policy and claims data from the existing in-house platform to Guidewire.

ITB considered doing the data migration in-house before seeking 3rd party assistance.

  • The cost of implementing the Guidewire system was escalating using a systems integrator.
  • Struggling to get business analysts and configurators.
  • The client didn’t have the skills in data migration.

The Solution The Data Company is delighted to announce the extension of partnership with AM Hydraulics. Using FINIUM, a composable application development platform that helps enterprises accelerate their business agility by unlocking the value from data and delivering new applications to achieve real business benefits rapidly. Key Benefits

  • Delivering digital transformation by unlocking value from their data
  • Re-engineering entire business process
  • Delivering a bespoke solution to manage quote to manufacturing process
  • Providing a customer portal to track progress of work orders

Project:

Management Information DashboardsThe Challenge

  • Unable to get automated digital reporting out of Xplan solution.​
  • Manual processes to generate custom reports.​
  • Reporting was refreshed on a month-to-month basis.

The Solution

  • Implemented dataFINIUM to extract and ingest data.​
  • Developed custom dashboards reporting on Xplan data.​
  • Reporting is refreshed daily.

Key Benefits

  • Efficiencies and cost-saving are created through automated data extraction and ingestion.
  • Automated digital dashboards are reporting on daily refreshed Xplan data.
  • Old Mutual users have access to up-to-date data that is refreshed daily.
  • Innovative bespoke solution without significant development costs of vendor.

Key Benefits

Centralisation of Data

Digital and easily accessible data

Single Source of Truth

Single source of truth

Digitalised

A single point through which users and employees will digitally interact with the platform

Communication

A digital solution to consistently manage communication between stakeholders

Stakeholders

Foundational solution for a stakeholder hub for all stakeholders to use

Automated Reporting

Digital and automated reporting

User Roles

Bespoke view for different user roles

CrediCar Awards

Originally published at thedatacompany.com