NeoXam DataHub enables users to create a new reference database which takes much less time and is less costly than using standard market solutions or an in-house solution. For instance, defining the requirements and writing specifications for a securities master file data model can easily take more than a year. Based on our implementation experience, we believe that our standard out-of-the-box data models cover over 95% of the needs of any financial institution, and our data model is fully adaptable and flexible to allow the client to manage any of the types of financial data they would ever require.
Centralization of data
For a "Single point of truth", see where your data is coming from and where it goes
Data quality improvement
Ability to find, aggregate, consolidate or compare any data, ability to concentrate on the higher level issues and challenges
Rapid deployment of projects, of business requirements