Case Study Part III: Data Governance

Recall that United Savings Bank collects information in each of the following systems:

• Core Banking System
• Online Banking
• Lending System (Auto/Personal Loans)
• Credit Card System
• Mortgage Lending System
• Insurance Policy System
• Financial Investment System

1. Create a diagram to show the board how data from these systems could potentially be used to provide a full 360-degree view of a customer. Show how information in each system could potentially overlap (customer names, addresses, etc.) 
2. Identify, in a one-page memo, what could cause data challenges for the organization given the different systems collecting information, and explain how creating a centralized repository of the most current customer information could be helpful.
3. Research how financial companies are using big data to prevent fraud, and prepare a one-page memo explaining how one or two strategies could be used and incorporated within USB’s existing business systems.