Development of a simplified enterprise architecture program
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Objective
A top 5 global bank needed assistance in designing a front-to-back business and global functions architecture and defining a roadmap to implement the architecture.
Challenges
System architecture acting as a blocker to effectively managing data across its lifecycle.
Lack of standardization in data across business lines.
Existing infrastructure could not keep pace with the growing volume and complexity of data.
Approach
Developed and employed a comprehensive methodology, unifying business, data and systems architecture.
Developed business process models and taxonomies suitable for all lines of business, corporate functions, regions and products of the client.
Conducted current state assessment of data, systems and underlying infrastructure supporting the business processes.
Developed data lineage across front office to back office applications, data quality analysis, detailed application assessment, and documented associated issues, pain points and redundancies across the application portfolio.
Defined target state capabilities, recommendations, target state architecture and an actionable roadmap to transform to target state.
Impact
Established a common vocabulary through the standardized definition of processes and data entities.
Built foundational capabilities with a framework to manage regulatory expectations, internal audits, remediation efforts and guide investment decisions.
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