SMA Perspective

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IEV "provides insurers with an innovative approach to enterprise modernization," and establishes a data foundation key for effective enterprise reporting and analytics.

Innovative Approach to Enterprise Modernization: Getting it Right with Data


Rethinking the
Enterprise Modernization Paradigm

The traditional model or path for legacy system migration is changing in major ways. Insurers are already taking a componentized view of their enterprise architecture and are building and implementing applications in a reusable manner.
What would happen if insurers could apply a componentized approach to data management? What if data could be managed in a way that allowed an insurer to reach the ultimate level of reuse? The result would be an important paradigm shift in enterprise modernization – a fresh, innovative approach to the effective migration of core system solutions would be possible. And the good news? The industry is on the leading edge of just such a shift.

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