Case Study: Euroclear reduces duplicate data spending with Collibra

Euroclear reduces duplicate data spending with Collibra

Euroclear, an international financial markets infrastructure company, faced the challenge of significant data duplication and poor data quality, which led to wasted time and high operational costs. To address this, they partnered with Collibra and implemented its data intelligence platform to gain control over their data as a business asset and quantify its associated costs.

The solution involved using Collibra to catalog key data, clarify master sources, and make data information transparently available to all employees. This provided the insight needed to streamline data, eliminate unnecessary duplicates, and reduce reconciliation efforts. As a result, Euroclear has begun to realize significant cost savings and has seen strong user adoption, with between 5 to 10% of their staff becoming active users of Collibra within a year.

Euroclear

Pierre Delville

Chief Data Officer