COMPANY OVERVIEW
The company is among the largest global providers of insurance, annuities, and employee benefit programs, with 90 million customers in over 60 countries.
Challenges and Business Objectives
- The company undertook a number of improvement activities across the Asian Region and globally that revolved around the measurement, reporting and course correction of Financial and Non-Financial Performance. As part of this exercise, the company was intending to invest in data a warehousing solution incorporating comprehensive business intelligence capabilities.
STRATEGIC CONSULTING
Services provided
I&A were engaged for Strategic Consulting to undertake an 8-week study to validate the necessity of Business Intelligence, Data Warehousing and associated Reporting tools. This study covered the areas of:
- Current Financial Business Processes and Systems
- The Current Budgeting, Reforecasting and Management Reporting Processes and Systems
- The Required Reports & KPI’s
- Other External Data Sources to be brought into the data warehouse
- Data Security Requirements
- FX Currency Considerations
- An overview of the future Budgeting and Planning process and systems architecture
- Cost Allocations Methodology
- Functional Expense Reporting
- Key Benefits to be obtained (tangible and intangible)
- High Level Gap Analysis - Out of the Box vs. Business Requirements
- Proposed Analytics and Modelling Flow
- Implementation Project Resourced High Level Project Plan
- Solution Visualisation Sessions with users and management
ASK US A QUESTION
Insurance / Strategic Consulting