Case Study: Leading U.S. Mutual Life Insurer achieves end-to-end data governance and automated custodial reconciliation with Precisely

Optimizing Insurance Business Processes with Quality-Powered Data Governance

Leading U.S. Mutual Life Insurer, a Fortune 100 company with more than 5 million customers and $32B in annual revenue, needed end-to-end visibility and control over third‑party data feeding its new investment data hub to support investment accounting, custodial reconciliation and regulatory reporting. The insurer engaged Precisely and deployed Precisely 360Data solutions, including Data360 Govern, to move beyond error‑prone spreadsheets and address data quality, lineage and enterprise governance gaps.

Precisely conducted governance workshops and implemented Data360 Govern to deliver an automated, business‑friendly data catalog, visual business lineage, automated metadata ingestion from systems like Oracle, Bloomberg and Cognos, and workflows for issue tracking and reconciliation. The Precisely solution replaced manual spreadsheets with automated processes, reduced back‑office operational overhead and manual intervention, improved custodial and sub‑advisory reconciliation, and provided dashboards and KPIs that increased visibility and confidence in critical data.