Make data governance reliable to meet regulatory requirements
To meet particularly stringent regulatory requirements in the insurance sector, Groupe Pasteur Mutualité has undertaken a data governance project with JEMS. The objective was to make data more reliable, better document processing, and establish a more precise and shared governance framework.
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In a few figures...
1 highly regulated sector
Groupe Pasteur Mutualité draws on a history of over 160 years serving healthcare professionals.
160ans
Groupe Pasteur Mutualité draws on a history of over 160 years serving healthcare professionals.
1
Structural reform
Solvency II has strengthened the regulatory requirements applicable to the insurance world.
The project
Our approach
As part of its data governance offering, JEMS has implemented the ASG Technologies solution to secure the data governance of Groupe Pasteur Mutualité. The project involved inventorying data assets, documenting processes, clarifying governance roles, sharing information with business units, and fostering team acculturation.
The diagnosis
In insurance, data quality is not just a matter of internal performance. It also determines a company's ability to meet very strong regulatory obligations. For the Pasteur Mutualité Group, it was therefore necessary to implement more refined governance, capable of providing greater traceability, clarity on processing, and control over responsibilities, while also facilitating access to information for the business units.
The key deliverables
- Inventory of all data assets with precise targeting
- Documentation of treatments and construction of use cases
- Setting up governance with clarification of roles and validations
- Sharing of information and expanded access to trades
- Acculturating teams to data governance challenges
How can Groupe Pasteur Mutualité to make its data reliable to comply with regulations?
The benefits
Improved regulatory compliance
The governance structures in place strengthen the group's ability to meet the requirements of the insurance sector.
Better controlled data
Inventory and documentation allow for a better understanding of data assets and their usage.
Clearer responsibilities
The governance specifies what is approved by whom and structures the validation circuits.
Easier business access
Data and its understanding are best shared with business teams to support new uses.
A strengthened data culture
The acculturation of teams, for each project, contributes to the long-term establishment of governance.
The 6-step approach
1. Identify data assets
JEMS began by cataloguing all of its data assets with a precise level of targeting.
2. Document treatment
The treatments have been described in order to improve traceability and build useful use cases.
3. Structuring Governance
The device clarified the roles, validations, and decision-making processes surrounding the data.
4. Open access to professions
The information was shared more effectively to enable business teams to grasp it more easily.
5. Supporting Usage
The approach has also enabled the emergence of new services from better-governed data.
6. Acculturate teams
A support project has been carried out to disseminate good governance practices within the organisation.
