The agreed Data Management Pilot scope and approach, where the key focus will be to validate the Data Management capability and benefit case through incremental steps, while showing tangible value in the process to the Market and in support of the TOM Projects
For Master Data Management (MDM) a successful technical pilot has been delivered, exposing broker, coverholder and carrier master data from the market directory via web services for 2 managing agents. There are discussion in progress regarding the extension of the Pilot to a broader set of Market participants as well as include publishing of London Market reference data (in scope for 2016).
Work in progress, in cooperation with ACORD, to define an initial target adoption plan of new/ enhanced messages to meet the integration requirements of PPL, CSRP, DA and SDC.
The Distributed Ledger Proof of Concept (PoC) is progressing with one vendor responsible for the test of one Use Case scenario (“coverholder approval” - minimum viable product comprising Know Your Customer, KYC, documentation) GARY