Tag "Master Data Management"

Master Data Management Can Turn You into a Hero

I attended Master Data Management and Data Governance Summit in San Francisco last week. The two day event had as many as 20 sessions covering broadest and deepest practical advice on both MDM and Data Governance initiatives. Among many great sessions, one of my favorite sessions was from Anthony Vitale on overcoming the pitfalls for... more

Are you Ready for a Merger or Acquisition?

According to FACTSET’s June 2015 report, U.S. M&A deal activity decreased in May, going down 6.3% with 903 announcements compared to 964 in April.  However, aggregate M&A spending is increasing and on the rise.  Over the past 3 months, the sectors that have seen the biggest increases in M&A deal activity, relative to the same... more

Combating Healthcare Insurance Fraud with Great Data

The Washington Post reported this month that government officials arrested 243 medical insurance fraudsters who stole $712 million in false billings to Medicare in the largest crackdown on healthcare fraud ever. Insurance claims fraud continues to burden the pocketbooks of the average consumer in today’s healthcare industry. According to a study by CIC insurance on... more

Master Data Management in Oil and Gas Industry

The Oil and Gas (O&G) industry is an important backbone of every economy. It is also an industry that has weathered the storm of constantly changing economic trends, regulations and technological innovations. O&G companies by nature have complex and intensive data processes. For a profitable functioning under changing trends, policies and guidelines, O&G’s need to... more

Guiding Your Way to Master Data Management Nirvana

Achieving and maintaining a single, semantically consistent version of master data is crucial for every organization. As many companies are moving from an account or product-centric approach to a customer-centric model, master data management is becoming an important part of their enterprise data management strategy. MDM provides the clean, consistent and connected information your organizations... more

Is Your Data Ready to Maximize Value from Your CRM Investments?

A friend of mine recently reached out to me about some advice on CRM solutions in the market.  Though I have not worked for a CRM vendor, I’ve had both direct experience working for companies that implemented such solutions to my current role interacting with large and small organizations regarding their data requirements to support... more

How to Improve Cross Sell and Customer Experience in Banking

I recently refinanced an existing mortgage on an investment property with my bank. Like most folks these days, I went to their website from my iPad, fill out an online application form, and received a pre-approval decision. Like any mortgage application, we stated our liabilities and assets including credit cards, auto loans, and investment accounts... more