At the Heart of Pervasive

Intelligence

www.niit-tech.com

Data is lifeblood for financial institutions—it informs, it protects, it uncovers opportunities. However, when it is voluminous, varied, and interlinked, institutions find that they must rein in their data to a state of singularity, accuracy, and seamless integration. But doing so can be time-consuming and expensive. That is where NIIT Technologies steps in—with an ‘on-demand utility service’ model—a cost-variable reference data management (RDM) solution that includes platform, infrastructure services, and operations.

Enabling Financial Institutions to LeverageData as an Asset

If Data is the New Oil, Where is the Fluidity?

The current economic environment is highly volatile and demands aligned and centralized financial data to help financial institutions make informed decisions about growth, products, and inherent risk. Another key driver of the need for data quality is regulation—non-compliance stemming from erroneous data can prove to be costly.

If financial institutions are to be more nimble to outpace their competitors, they need to enable data fluidity with seamless flow of clean, consolidated, and accurate data throughout the enterprise. We can enable this with our on-demand Reference Data Management (RDM) solution.

Tame Your Data with NIIT Technologies

Even as data multiplies beyond the walls of the enterprise, financial institutions face multiple challenges:

Maintaining dynamic and real-time vendor feeds; exponential increase of different identifier in new fields

Risk management and compliance reporting

Disparate reports and lack of unified dashboards

Lack of accuracy in achieving true risk and counterparty exposure

HeterogeneousApplication

Quality Issues

Data Governance

Regulatory

Institutions Payingfor Data They

Hardly Require

Data Duplication

Absence of MetadataPlatforms Generating

Exceptions

Lack of DataQuality Principles

UncontrolledData Distribution

MultipleOwners of Data

Inconsistent Operational Reports

Regulatory Reporting

In order to combat these challenges, we help financial institutions in adopting:

Centralized reference data managementto improve efficiency, security, audit,process controls, and changemanagement

Strong data governance practices andcontrol on data distribution

Measures to maintain data quality foreffective operations and regulatoryreporting

Effective risk management practices usingrisk aggregation dashboards that helpeffectively mitigate counterpartyexposure and market risks

Acquire

Monitor

Augment Integrate

Cleanse

Data Quality

Data Acquisition from Providers

Standardize,Cleanse and

CorrectReference Data

ContinuousMonitoring

DataEnrichment

Match, Link andIntegrate

Reference Data Management: Available On-Demand

NIIT Technologies provides financial institutions with an ‘on-demand utility service’ model. This is more of a cost-variable solution that includes platform, infrastructure services, and operations.

The solution helps reduce the cost of reference and master data, and enables transformation of inaccurate data into clean, rules-driven, and enterprise-wide useful information. By leveraging our RDM solution, you can:

Enable a golden copy of data—‘oneversion of the truth’

Take charge of ‘error-free’ reporting

Ensure accurate data and seamlessprocess workflows

Leverage data for true counterpartyexposure

Drive effective risk and compliancemanagement

On-Demand Utility Service

Data Integrity Standardization Cost Reduction

Operational Efficiency Data Accuracy Scalability

OperationsPlatform Hosting

Acquire Cleanse Integrate Augment MonitorExternal

Data Feeds

Other Data Feeds:• Legacy Data Feeds• In-house Data Feeds Customized Reports

(Pay-per-use Pricing)

Golden Copy of Data(Fixed Pricing)

Utility Service

Data received as per your data source needs is cleansed and normalized to produce a golden copy of data in which all the users can see accurate and consistent information across the enterprise. With pay-per-use pricing, you can customize reports, charts, and analytics as per

your requirements for each asset type. We ensure that the underlying processes and technology remain best-in-class, and agreed service-level agreements and key performance indicators are consistently met or exceeded throughout the duration of the engagement.

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Service Adoption Strategy

Steady StateOnboardingPlatformCon�guration

Scoping Data Feeds Asset Classes

Planning Implementation

Roadmap

Gap Analysis

Customization Product and

Database Setup

BPR As-is and To-Be

Integration Communication

between Platform and Databases

Configuration Connectors to

Data Feeds

Adoption UAT

Go-Live

Six Sigma &Lean Initiatives Continuous Improvement

Automation Macros Straight-through

Processing

ReadinessAssessment

On-Demand

UtilityServices

Our approach is to deliver a scalable, flexible solution that provides cost and operational efficiencies, reduces manual intervention, speeds up the onboarding process, simplifies risk analysis and regulatory reporting, and increases automation. To achieve this, we leverage our deep understanding of RDM business processes, our full maintenance and support capabilities around RDM platforms, and hosting services for data.

Readiness Assessment: This process isused to evaluate current architecture, alignit with future growth plans, and identifyconstraints for your enterprise referencedata architecture. We apply ourproprietary methodology, ProcessGymSM

and combine this with operations, Lean,Six Sigma and technology experts toconduct a comprehensive evaluation ofyour enterprise data managementprocesses and technologies. Based onyour requirements, the scope of theprocess is confirmed and a gap analysis isperformed. Finally, a full TransformationStrategy and Implementation Roadmap iscreated based on the analysis andassessment conducted.

Platform Configuration: We customize theproduct and database setups, create ‘as-is’and ‘to-be’ maps through business processreengineering, and provide integrationservices that include buildingcommunication between platform anddatabases. Our expertise inextract-transform-load (ETL), databases,and integration technologies along withcomprehensive user interface design,business intelligence, and testingcapabilities, enables us to integrate variousdata management components on yourpreferred technology platform.

Onboarding: We migrate the data, deploythe solution, validate the deployment, andalign all the configurations.Post-integration, we configure connectorsto the data feeds and then perform useracceptance testing before the go-livestage.

Steady State: We deliver productivity andefficiency gains by building a continuousprocess improvement roadmap throughSix Sigma and Lean initiatives. Severalautomation initiatives are introduced bybuilding macros in systems and also viastraight-through processing.

Delivering More Value

More agility: We enable our clients toseamlessly manage their entire referencedata environment:

- ‘On Demand utility service’ withpay-per-use pricing helps deliver data,customized reports, charts, and analyticsas dictated by your needs

- A golden copy of data is made availablein which all users can see accurate andconsistent information across the entireenterprise, at a fixed price

- Both upstream and downstreamintegration is achieved through ourintegration services

More efficiency: We leverage ourproprietary framework for continuousimprovement, and provide processoptimization gains through processreengineering and automation. We alsohelp save significant time and effort withour proprietary tools, framework,knowledge, and experience.

The NIIT Technologies Advantage

We have demonstrated success in performing data rationalization in complex technology environments for global financial institutions. Our innovative approach includes deployment of new methodologies, proprietary software, and third-party products to tackle RDM challenges. We also have expertise in building rules and matching engines and integrating both upstream (external data providers) and downstream (core trading, accounting, performance, and compliance) systems.

Our goal is to provide operational efficiency guided by the principles of accuracy, data integrity, scalability, flexibility, and reduced total cost of ownership to help you realize more value—dramatically increase value chain and selling efficiencies, manage risk efficiently, improve customer loyalty, and support sound corporate governance.

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For more information, contact marketing@niit-tech.com

© 2019 NIIT Technologies. All rights reserved.

NIIT Technologies is a leading global IT solutions organization, enabling its clients to transform at the intersect of unparalleled domain expertise and emerging technologies to achieve real-world business impact. The Company focuses on three key verticals: Banking and financial services, Insurance, Travel and Transportation. This domain strength is combined with leading-edge capabilities in Data & Analytics, Automation, Cloud, and Digital. With over 10,000 employees serving clients across Americas, Europe, Asia, and Australia, NIIT Technologies fosters a culture that promotes innovation and constantly seeks to find new yet simple ways to add value for its clients. Learn more about NIIT Technologies at www.niit-tech.com