The pressure on revenue and costs and increased risk of doing business demand an integrated view of your businesses' performance. Mergers and acquisitions, convergence of banks and insurance companies, new technologies and changing customer needs have combined to create a marketplace where customer knowledge gives you a true competitive advantage.
Teradata Insurance Logical Data Model (LDM) is an integrated, cross-functional model that provides an enterprise-wide view of data — a comprehensive, flexible blueprint of how your data is organized. Combined with the Teradata Insurance Enterprise Data Warehouse Roadmap, it provides structure across multiple business areas. The Teradata Insurance LDM is easily extended as business grows to avoid costly re-designs.
Features & Benefits
The Teradata Insurance LDM is an integrated data model that offers an array of benefits, including:
- Promoting steady top-line revenue growth
- Facilitating consistent execution of strategy
- Consolidating data from disparate systems
- Continuously improving administrative efficiency
- Improving data consistency and quality
- Reducing costs
- Lowering implementation costs through reuse of existing data
- Increasing customer retention and loyalty
- Reducing fraud and abuse
- Serving as a central data interchange hub for regional health information organizations
- Assuring compliance with contracts and government mandates
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Primary Components
Teradata Financial LDM is a integrated data model that provides:
- Enhanced data modeling by ensuring you’ve covered all necessary areas before implementing your data warehouse
- Better, faster decisions from deeper analysis of financial performance across all channels of your business
- Single source of information based on detailed data that enables detailed analysis
- Support for back office and institutional investment contracts that can affect risk exposure
- Information around the financial management sub ledgers in addition to the general ledger
- Enhanced structures to support anti-money laundering and enterprise risk management
- Insight into cross-channel activities
- Holistic view into financial and risk management data
- Specific information for the Solvency II Capital Accord
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Related Business Needs
Discover how these additional Teradata products can boost productivity and efficiency across your business:
Next Steps
Data Model Overview: Modeling for the Enterprise while Serving the Individual
What data model do you employ to provide ease of use for the business user while still being able to address current and future needs of the data warehouse?
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