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Data as Currency

The Importance of Master Data Management in Banking

In the banking industry, data is the lifeblood that drives business decisions, customer insights, and regulatory compliance. 

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What’s the value of your data?

Unlock the full potential of your banking institution’s data with our engaging infographic, ‘Data as Currency: The Importance of Master Data Management in Banking.’ Discover how Master Data Management (MDM) can streamline data integration across various sources, thereby driving informed business decisions and enhancing customer insights. Learn the critical role of MDM in ensuring efficient data governance and adherence to regulatory compliance in the banking sector. Explore the power of data transformed into strategic currency through MDM, facilitating optimal business performance.

What you’ll learn:

  • The value of Data Management for Financial Institutions
  • How to simplify data governance with MDM
  • Key integrations to provide a seamless data experience

Key Callouts

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MDM ensures that a single source of truth exists for all data, which improves data quality and reduces errors.

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Data governance ensures that data is managed, secured, and used ethically and in compliance with regulations.  

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Data integration can reduce customer churn rates by up to 50%.

Trust Your Data And Your Peers

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Recognized for our innovative and dynamic solutions, Semarchy was featured in Gartner’s 2022 Peer Insights report, affirming our commitment to delivering high-quality data management.

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Recognized for their unparalleled performance, Semarchy proudly emerged in The Forrester Wave™: Master Data Management Solutions, Q4 2021, underscoring their commitment to innovative data solutions.

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Semarchy made the Constellation Research, Inc. ShortList™ for Master Data Management. Constellation evaluates more than 15 solutions and this ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research.

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Our Customers love Semarchy

The Semarchy Unified Platform keeps learning curves low and ROI high.

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“The Proof of Value was part of de-risking the solution and vendor. It significantly accelerated our decision and implementation process.

The value of seeing the ins and outs of Chipotle’s operations is priceless. You’re able to make faster decisions and that’s an advantage in this market.

We’ve really increased the trust in our data across the organization, through our data quality standards, metrics and measures.

By providing the value, showing the benefits of the use cases and providing transparency on the rules of data management, leadership could see the benefits and get on board.