- UnionBank’s Digital Transformation:
- UnionBank of the Philippines is actively pursuing digital transformation and transitioning to the cloud.
- The bank has adopted Informatica’s Master Data Management (MDM) solution for this purpose.
- Informatica’s AI-Powered MDM:
- Informatica’s MDM, part of its Intelligent Data Management Cloud (IDMC) platform, offers a comprehensive view of customers by aggregating diverse data sources.
- The solution is expected to enable UnionBank to provide a more personalized experience for its customers.
- Real-Time Information for Security:
- UnionBank will leverage near real-time information from Informatica’s MDM to enhance security measures.
- The goal is to counter money laundering and fraud, ensuring customer protection while meeting regulatory obligations.
- Cloud Partnership for Scalability:
- Wilfredo Montino Jr., Chief Data Officer at UnionBank, highlights the aim to make trusted customer data more accessible.
- The partnership with Informatica leverages the cloud’s scalability to match the bank’s growth.
- Continued Digital Transition:
- UnionBank’s collaboration with Informatica is the latest step in its ongoing digital transformation.
- Previous partnerships with AWS, Metaco, NCR Corporation, and Avaloq reflect the bank’s commitment to modernizing its services and infrastructure.
