As insurers and the insurance industry begin to implement the International Financial Reporting Standard 17 (IFRS 17), I wanted to take a moment to highlight the benefits that Solidatus can help organisations gain from this wholescale evolution of their digital landscape and the huge transformation it will undergo.
“Regulators and industry participants are leveraging data more comprehensively than ever, so it’s imperative that they have the necessary modeling tools to analyse it in order to make informed decisions,” Philip Dutton, Co-Founder of Solidatus.
Solidatus is committed to helping shape the future of data engineering, data management and data governance. Data engineering must evolve if it is to reach its full potential, much like other engineering disciplines have. With the exponential growth in data and the systems that hold it, data management is critical to ensuring standards are defined and structures implemented to support the ever-increasing rate of change. Without control and good governance, the already massively complex interconnectivity of systems will cause organisational paralysis without an urgent paradigm shift.
A quick look at our website and you’ll see that ‘Data lineage is at the heart of Solidatus’. It’s what we do and we’re experts in it. However, it’s not uncommon for us to speak with businesses who know it’s important but openly admit they aren’t actively managing it, nor fully understand where to begin when it comes to incorporating into their daily processes.
How seriously do you take your privacy? I imagine that not many would consider showering or going to the loo in plain sight of others. These, after all, are private matters that as a rule we usually don’t share, unless, that is, we make an explicit decision to.