Case Study: Euroclear reduces duplicate data costs with Collibra

Euroclear reduces duplicate data spend with Collibra and drives 5-10% staff adoption

Euroclear, a major international financial markets infrastructure company, faced significant costs and inefficiencies due to data duplication and poor data quality. Their goal was to eliminate unnecessary data redundancy and treat data as a valuable business asset. To address this, they partnered with Collibra, utilizing its data intelligence platform to catalog and manage their data.

Implementing Collibra enabled Euroclear to clarify master data sources and make data information transparently available across the organization. This created the foundation for eliminating duplicate data and reducing wasted time spent on reconciliation. As a result, Euroclear has begun streamlining its data environment and embedding a new data-driven culture, with Collibra already being actively used by 5 to 10% of their staff within a year of rollout.

Euroclear