Keynote Highlights New Requirements for Data Lakes, Modernization in the Insurance Industry
MDM & Data Governance Summit, Chicago, IL – 10 July 2018 – Semarchy, the Intelligent Data Hub™ company, continues their platinum support of the MDM & Data Governance Summit series, having been a sponsor at the European event in London in May, the Chicago event this week and finally at the New York Summit in November. The summit series is the most widely attended IT event focused on modern data management business and IT issues.
The American Association of Insurance Services (AAIS), who leverages xDM from Semarchy for data governance, quality, enrichment and reference data around their Hadoop-based data lake environment, will present a keynote at the summit, which comes to Chicago for the first time this year.
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“Innovating data management in a highly regulated environment can be a tricky business,” said Joe Wilhelmy, Director of Data Engineering at AAIS, who will speak on behalf of the company in the keynote presentation. “The Semarchy platform has allowed AAIS to better serve our affiliates by reducing implementation times over 85 percent, due to flexible data hub structures leveraging APIs and customizable data integration formats, all while keeping lineage, auditability, and control at our fingertips.”
The data lake is the to-be model for modern data management. But left unchecked, governance, quality, and reference data can get out of control. AAIS employed the xDM Intelligent Data Hub from Semarchy to curate and pair information from the data lake with product information empowering business users to own and govern the mastering process.
“AAIS is an outstanding example of a modern environment, which requires all the components of an Intelligent Data Hub-from governance to quality, enrichment, workflows, reference and master data in a single platform,” said Michael Hiskey, CMO at Semarchy, who will speak alongside Mr. Wilhelmy in the keynote. “They are at the leading edge of organizations who understand how to treat data as an asset and derive value for their affiliates from it.”
Semarchy will share more about new clients getting value from the Intelligent Data Hub Platform, as well as the features from their latest release, xDM version 4.4, announced at the London Summit in May.
“Semarchy clients report that the Intelligent Data Hub is an outstanding solution to deliver fast time to value, by approaching multi-domain MDM and collaborative data governance in parallel, with solid capabilities around workflow, data quality, reference and metadata management,” said Aaron Zornes, chief research officer at the MDM Institute and Conference Chair for the Summit Series. “New, thriving vendors like Semarchy are what makes the Summit interesting year after year, as the market for modern data management continues to grow at a steady clip,” he added.
MDM & DG Summit, Chicago
The MDM & Data Governance Summit series is the most widely attended IT event at the forefront of IT industry events in providing the necessary insight and best practices as well as quality networking opportunities. This is the world’s premier conference dedicated to these two topics and provides a mixture of leading industry analyst trend perspectives, a wide array of use cases, market-leading product-specific sessions and best practice panel discussion. The Chicago event will be held this week at the Swissotel Chicago, July 11-13, 2018
Semarchy™ is the Intelligent Data Hub™ company. Its xDM platform helps to address challenges such as the Global Data Protection Regulation (GDPR). xDM solves for enterprise Master Data Management (MDM), Application Data Management (ADM), and Collaborative Data Governance challenges for some of the most well-known brands in the US and Europe. This agile platform leverages smart algorithms and material design to simplify data stewardship, quality, enrichment and workflows. xDM from Semarchy is implemented via an agile and iterative approach that delivers business value almost immediately and scales to meet enterprise complexity.
Established in 1936, AAIS continues to serve the property & casualty insurance industry as the only national nonprofit advisory organization governed by its member insurance carriers. AAIS delivers tailored advisory solutions including best-in-class policy forms, rating information and data management capabilities for commercial lines, inland marine, farm & agriculture and personal lines insurers. Its consultative approach, unrivaled customer service and modern technical capabilities underscore a focused commitment to the success of its members.
Intelligent Data Hub, Intelligent MDM, xDM, and Semarchy are trademarks of Semarchy, Inc. in the US, EU, and other territories.
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