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Download PDF - Accenture

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Accurate, comprehensive andtimely information underpins anorganization’s ability to developand execute strategy, respondto market change and ensureregulatory compliance.Financial services organizationshave invested huge sums in managinginformation to maximum advantage.However, much of this investmenthas been misdirected toward patchingtogether disparate systems builtup during years of mergers andacquisitions. To remain competitivein today’s information-driven market,some financial services organizationsare breaking away from legacyenvironments characterized byinflexible organizational divisions toa future environment that maximizesresponsiveness and customer focus.What is informationmanagement?Information management bringstogether the various informationassets of today’s financial servicesorganizations. Leading-edgeinformation management capabilities:• Encompass all types of data—fromstructured to unstructured, externaland internal.• Embrace the entire information lifecycle—from acquisition to storageto cleansing to integration and,ultimately, analysis.• Entail not only technology butalso governance models, enterprisestandards and practices, policies,and roles and responsibilities.<strong>Accenture</strong>’s integrated approachto information management appliesthese principles across all the diverseinformation assets necessary toachieve high performance, andtherefore includes capabilities inBusiness Intelligence (BI), Portalsand Content Management, andData Management and Architecture.Each of these elements only deliversoptimal benefits when they are a partof a robust overarching informationmanagement strategy.European universal bank—credit risk tracking<strong>Accenture</strong> helped a universal bankbased in Germany transform itsprocesses for tracking credit riskexposure, thereby boosting itsbusiness performance, improvingrisk management and helpingensure regulatory compliance.

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