Enterprise Data Infrastructure Testing for Loan Accounting

Client

A secondary mortgage provider in North America sought to enhance its enterprise data infrastructure testing capabilities. The organization aimed to integrate diverse subject areas into a unified platform, enabling a near real-time, holistic view of single-family loan data. This transformation was essential for improving accounting, processing, and reporting across the loan data lifecycle.

Challenge

Business Challenge

The absence of an integrated data store posed a significant risk to business decision-making. The client required a solution that could consolidate data from multiple sources, ensuring seamless processing and enhanced reporting of single-family loan data.

Testing Challenge

The infrastructure testing process faced several complexities:

• Extracting data from various source systems through interfaces such as Enterprise Service Bus (ESB), Electronic Claim File (ECF), flat files, database pull, etc.
• Conducting parallel testing in the waterfall model.
• Managing aggressive deadlines and enhancement implementation on short notice.

Solution

Hexaware implemented an enterprise-wide data quality validation framework to support the organization’s transformation initiative. The solution included:

Enterprise Solution– Integrated Data Store

• Electronic Data Interchange (EDI) Security Master: A centralized platform for security data to support all business processes.
• EDI Loan: A single source for integrated loan data to drive strategic initiatives and business analytics.
• EDI Party Master: A master data management (MDM) solution for governing business content and optimizing data vending patterns.

Enterprise Data Infrastructure Testing Coverage

• Comprehensive Data Validations: 100% validation coverage from source to target, aligned with business requirements and stakeholder expectations.
• Master Data Management and Data Corrections: Functional validation of MDM tools such as Informatica Data Director (IDD) and Rectify to ensure data integrity.
• Data Quality Assurance: Profiling and validation of 42+ interfaces, enforcing stringent data quality rules across the infrastructure.
• Vending and Operational Reports: End-to-end testing coverage to ensure accuracy and consistency in reporting.

Through this strategic initiative, Hexaware enabled the client to streamline enterprise data infrastructure testing, ensuring high-quality, reliable data for business-critical decision-making.

Benefits

Hexaware’s solution delivered significant efficiency gains and cost savings through automation and robust testing methodologies. Key benefits included:

• Enhanced Testing Efficiency: Implemented automation, reducing manual effort and cutting person hours by 60%.
• Increased Productivity: Optimized resource utilization, ensuring consistent productivity gains across the testing process.
• Quality Assurance: Maintained high-quality standards by executing 7,403 test cases, identifying and resolving 1,826 defects efficiently.
• Time Savings: Automated processes led to 1,491 hours saved, accelerating project timelines.
• Cost Optimization: Achieved $125K savings through customer value adds, directly benefiting business operations and strategic decision-making.

Summary 

Hexaware streamlined enterprise data infrastructure testing for a leading secondary mortgage provider, enhancing loan accounting and reporting. Through automation, the initiative reduced manual effort by 60%, saving 1,491 hours and $125K in costs. With 7,403 test cases and 1,826 defects resolved, the solution ensured data quality and operational efficiency.