At Wells Fargo, the rapidly changing business environment demands more accurate information, more quickly, and in more detail to help manage risk. According to Andy Mumma, Vice President of Consumer Credit Solutions Risk Management at Wells Fargo, the Risk Management organization has developed a solution that allows them to be proactive and agile in meeting these demands across many groups within Wells Fargo.
This is done through an analytics and data environment that delivers both analytic and reporting solutions to the Risk Management group and its partners, while empowering the teams to solve problems faster, deliver more content, and ultimately be more productive than with legacy systems.
Mumma’s team was looking to make work easier and more consistent. He says the benefits of the solution are ‘cleaner,’ more consistent data and shorter turn times when the systems load and the reports run. It also allows people to do what they do best: architecture or analysis. The outcome is better decision-making.
Andy Mumma will be speaking in more detail about this subject at the Premier Business Leadership Series in Las Vegas. Register today!