Case Study: a major financial institution achieves stronger compliance and trusted reporting with Paradigm Technology's Party Master solution

Major Financial Institution consolidates records 66% with Paradigm Technology

A major financial institution faced significant challenges in managing its vast and fragmented customer and counterparty data. With over 200 million records spread across 10 primary systems, the institution struggled with duplicate identities, inconsistent reporting, and regulatory exposure. To address this, they partnered with Paradigm Technology to implement an enterprise-wide master data management (MDM) solution using Informatica MDM, aiming to create a single authoritative source for all party data.

Paradigm Technology designed and implemented a centralized Party Master that consolidated duplicate records and standardized data. This solution resulted in a 66% consolidation of records and a 15% reduction in regulatory response time. The institution now benefits from improved data quality, strengthened governance controls, and a trusted foundation for compliance and reporting, all enabled by Paradigm Technology.