FinTech Magazine - March 2023 | Page 68

BELL FINANCE
the transformation journey with a keen understanding that the solution component ( that is , the use case ) was going to be the driving force at the helm .
“ Pick an impactful use case and find the data that unlocks it ,” says Kirsten . “ And that ' s one of the principles to which we adhere : find something that ’ s tangible to our clients and that adds value and then make sure we have centralised data that reconciles with upstream accounting systems that can enable development and automation of that use case .”
The other core aspect that they wanted to retain while reaching their transformation goal was “ to develop principles that give us a blueprint , to be able to repeat what we ' ve done ”.
The use case would then lead to repeatable principles and processes , (“ recipes ”) for the Data Development Lifecycle , and then to solid Data Governance around the solutions and lifecycle .
So , in terms of the data lifecycle , Bell Finance wants to make sure that they have core principles in place to answer the data lifecycle questions , for example how they gather requirements , how they develop and how they engage and train their finance users .
“‘ How do we start experimenting and have those data lifecycle components at the core of our CoE initiatives ?’ – these were all part and parcel of the principles that we needed to put in place . Then there are support considerations , such as the finance support for the end-users , so we needed to make
68 March 2023