Majesco Data Nexus Capabilities
Scalable, flexible and complete
Robust data framework for all P&C lines of business across the entire insurance lifecycle
Open Architecture
Assemble and integrate data from any source for transformational insights
Accessible analytics for all
A common data repository and visualization layer with open and easy access
Elevate your data confidence
Built-in data quality and business rules to ensure you can trust the results
DATA NEXUS RESOURCES
Data is the Competitive Advantage
A truly data-driven business requires a broad enterprise data strategy
Insurance Rewritten by Data & Analytics
Easy access to data improves transparency and decision-making
Maximize Your Data Transformation
Unlock business insights with a data framework for today and tomorrow
FAQs
What is Data Nexus?
A powerful enterprise data warehouse that enables insurers to rapidly assemble large data sets from internal and external sources and mine them for transformational insights that position them as market leaders.
How does Data Nexus leverage internal, external, and unstructured data?
Majesco Data Nexus adapts to the growing sources of new data with a flexible business and technical architecture framework. Built on a standard MS SQL Server BI Platform, enabling insurers to be 100% self-sufficient, it is pre-integrated with the Majesco P&C core software portfolio yet is flexible to integrate with other industry software solutions as well.
Why is an insurance enterprise data warehouse crucial for a carrier’s digital transformation?
Data is at the heart of insurance, within the operational data of core systems to the use of 3rd party data integrated for use in pricing, underwriting, claims and more. In addition, new sources of data are emerging that will offer opportunities for new innovative products and personalized use for underwriting – such as IoT. To support this range of data, insurers need a data foundation in place with an enterprise data model and warehouse that automates the process of collecting and organizing data from multiple sources, and provides a single source of truth across your enterprise to enable efficient analysis, reporting, and more, to enable your transformation to a digital insurer.