Unified Data Management for Financial Services Institution

This case study details the challenges faced by a Fortune 20 financial services institution in consolidating and standardizing 13 years' worth of data from 6000 offices globally. The institution encountered issues with varying legacy standards due to multiple acquisitions, escalating storage costs, and the complexities of managing massive amounts of unstructured data. Data Dynamics provided a comprehensive solution with their Unified Unstructured Data Management Software, which facilitated automation, seamless migration, and advanced analytics. The solution enabled the institution to achieve global standardization and data consolidation, resulting in improved operational efficiency and risk management. The migration involved over 40 petabytes of data, optimizing data location and achieving significant cost savings. The implementation of this unified data management software has positioned the institution for future scalability and excellence in data governance and management practices.