Xoriant helped one of Israel’s largest banks improve customer data management by centralizing and automating the maintenance of hierarchy and shareholder information across multiple global subsidiaries. They re-engineered the bank’s decentralized system to consolidate customer data into a single repository, enhanced data quality from 87% to 99%, and eliminated duplicity with a unified process. This solution ensured timely compliance with Basel II standards, improved credit risk monitoring, and provided consistent, accurate customer insights through regular updates and corporate action event tracking.

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