Our Client Success Stories
Data Governance Solutions by Virtual Consultants Australia
At Virtual Consultants Australia, we empower organizations across diverse sectors to harness the power of tailored data governance frameworks and strategies that meet their specific needs. Here are few examples of how our data governance consulting and services have successfully transformed banking, insurance, and retail businesses.
Banking Sector
Enhancing Data Quality and Security in Financial Crime Programs
A prominent Australian bank encountered significant challenges in managing sensitive data associated with financial crime investigations, legal notices, and potential data breaches. The absence of a structured data governance framework exposed them to vulnerabilities and inefficiencies in their data handling processes.
- Developed a comprehensive data quality framework to guarantee the accuracy, consistency, and secure handling of sensitive data.
- Designed and implemented an optimized data load framework to facilitate the seamless ingestion of sensitive data without errors.
- Integrated advanced data governance tools, including Microsoft Purview, to monitor data access and lineage effectively.
- Aligned our framework with the DGI Data Governance Framework to ensure adherence to global standards.
- Achieved 99% accuracy in sensitive data handling.
- Achieved an impressive 99% accuracy in the handling of sensitive data.
- Prevent potential data breaches through robust security measures.
- Streamlined compliance with financial regulations, enhancing trust among stakeholders.
Insurance Sector
Role-Based Access Control and Unstructured Data Management
An Australian insurance provider faced challenges with inefficient access control mechanisms and unmanaged unstructured data, leading to risks of unauthorized access and operational delays.
- Designed and implemented a role-based access control (RBAC) system to streamline role assignments and reduce access risks.
- Conducted comprehensive scanning and categorization of unstructured data to ensure sensitive information was properly identified and secured.
- Established data governance policies to enforce access restrictions and ensure compliance with privacy regulations.
- Leveraged Collibra to automate workflows and enhance overall data management capabilities.
- Achieved an 85% reduction in unauthorized access incidents.
- Enhanced operational efficiency by 30% through streamlined role management.
- Strengthened compliance with industry standards for data protection and privacy.
Retail Sector
Establishing Data Governance Guardrails and Quality Frameworks
A large retail chain in Australia faced challenges due to the absence of standardized processes for managing organizational data, leading to inconsistent data quality and governance inefficiencies.
- Developed comprehensive data governance frameworks to establish clear guidelines for data usage and management.
- Formed a data council consisting of key stakeholders to oversee governance activities and ensure alignment with business objectives.
- Created data quality frameworks for all datasets to guarantee the reliability and usability of information.
- Conducted training sessions to ensure employees were aligned with the organization’s data governance strategy and policies.
- Achieved a 70% improvement in data quality scores across the organization.
- Enhanced decision-making capabilities through access to high-quality, consistent datasets.
- Fostered a culture of accountability and responsibility regarding data governance.