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Conversion Services International Provides Strategy for International Financial Group
Assessment creates strategy that improves operational
productivity, enterprise information value
EAST HANOVER, N.J. (November 7, 2006) - - Conversion Services
International, Inc. (AMEX: CVN), a premier professional services
firm focused on delivering the value in business intelligence,
data warehousing and data management solutions to Global 2000
organizations and other businesses, today announced its completion
of an enterprise information management (EIM) and master data
management (MDM) strategy services for an international financial
group.
The 25-year-old financial group — offering a wide array of retail
and commercial banking products for customers in the Middle East
and London — was dealing with the challenges of managing data and
leveraging data captured throughout various distribution channels.
The client’s business policies for capturing data varied by
product, and responsibility for data quality was dispersed
throughout the organization, creating challenges in data
consistency, data quality and availability of critical information
for making strategic decisions.
CSI developed an enterprise management and master data management
strategy for this client focused on creating consistent business
and data quality processes across product and distribution
channels, as well as an information architecture that would
provided consistent synchronization among the various systems. The
strategy also incorporated a data stewardship and governance
program to develop and apply best practices for data integrity
across the organization.
According to
William McKnight, CSI’s senior vice president of data warehousing,
“EIM is a holistic look at information flow within an
organization. It comprises MDM, data warehousing, business
intelligence, operational business intelligence, EII and other
forms of intra-operational information exchange. Many companies
have embraced the importance of information to their strategic
objectives, yet lack a solid information foundation from which to
achieve information excellence. Our strategies focus on the
effects of information on the bottom line and enable companies to
take full advantage of the information asset. This client can look
forward to operational productivity as well as enhanced customer
management across various customer channels as the value of their
enterprise information increases exponentially.”
About Conversion Services International, Inc.
A Note on Forward-Looking Statements
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