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Transforming Data into an Asset: Empowering a Global Investment Firm

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How we enabled a global investment firm to leverage data for informed decision-making by developing a robust data strategy and selecting a leading data management provider.

Client

A prestigious global investment firm specializing in real estate, recognized for its strategic investments and portfolio management. The firm sought to enhance its data capabilities to gain a competitive edge in the dynamic real estate market.  

Challenge

Following an internal strategic review, the firm identified a significant opportunity to enhance data collection, management, and utilization. However, they lacked a cohesive data strategy and the expertise to select an appropriate data management service provider. The firm needed to transform its data from a fragmented resource into a strategic asset, enabling faster and more informed decision-making.   

Approach

EisnerAmper was engaged to develop a comprehensive data strategy and guide the selection of a data management provider. Our approach involved:  

Data Strategy Development

  • Crafting a detailed roadmap to support an information management framework and a data model.  
  • Mapping existing data sources and their utilization across the organization.  
  • Conducting a thorough gap analysis of data needs against existing capabilities.  
  • Designing a comprehensive data governance framework to maintain data quality, consistency, and security.  

Business Case and Provider Selection

  • Reviewing and refining the business case for outsourced data management to align with the firm’s strategic objectives. 
  • Guided the selection of a data management provider, leveraging our industry expertise to identify the optimal solution.  

Change Management Enablement

  • Educating the project team on information management and data governance principles. 
  • Articulating the business impacts of implementing the data strategy, fostering buy-in, and facilitating a smooth transition.  

Results

Using the real estate industry data model, we were able to educate and support the client in data collection, governance, and management. We created a framework and repeatable process that the service provider followed, resulting in consistent and high-quality data that provided the client with confidence not only in the service provider's work but, most importantly, in the data itself.   

 Data did, in fact, become an asset, allowing the client to make better and faster decisions. 

Contact Us

Contact us today to learn how EisnerAmper can help you optimize your operational framework and leverage data for informed decision-making.