Whitepaper

Lamb Financial Group accurately bridges the gap between several disparate sources with data standardization

Inside you’ll learn:

Company Profile

Lamb Financial Group is one of the fastest growing insurance brokers in the country, providing financial services exclusively to non-profits and social service organizations nationwide. The company is dedicated to finding insurance required by local charities tackling some of society’s toughest issues.

Based in New York, the organization works with carriers who specialize in non-profits and charities, providing Worker’s Compensation, Casualty, Professional Liability, Property, Auto, Directors and Officers, Group Health, and Disability Insurance.

Business Use-Case

The organization needed to extrapolate data from different sources. With slight differences in the key field, they needed to reduce the amount of data scrubbing and save time with data cleansing. With accuracy being such an important requirement of their business, maintaining a high level of standardization was also very important for the organization. It was critical to be able to have a data software tool that can bridge the gap between disparate data sources and accurately link records together based on a unique identifier.

Solution & Benefits

The company decided to use Data Ladder’s record linkage solution. Our rates exceed the industry average; while the average data linkage rate is 90 percent, Data Ladder’s average record linkage is at about 97 percent. DataMatch Enterprise™ provided an easier data cleansing solution for the organization.

They were able to intuitively use our Wordsmith™ function, a standardization tool, to create custom libraries, allowing them to cleanse the data and find the best possible match. The software has now become an important part of their process when importing new data into their CRM.

  • Quickly come up with multiple rounds of probable matches.
  • Compare the different dimensions of data between datasets and matched formats.
  • Export results in a variety of formats like Oracle, TXT, MySQL, CSV, among others.

Data Ladder’s cleansing and matching toolkit has provided the company the ability to do more with less oversight, helping reduce the data scrubbing element of their workflow by several hours each week. This is especially useful for them when importing large quantities of data.

“DataMatch Enterprise™ has allowed us to do more with less oversight. It has allowed us to ‘think big’ while keeping our team lean and efficient”

– Daniel Heller, Chief Financial Officer

About DataMatch Enterprise

DataMatch Enterprise is a user-friendly and powerful software that helps business users across many industries manage their data more effectively and drive their bottom line. Our enterprise-grade matching tool has been proven to find approximately 5-12% more matches than leading software companies IBM and SAS in 15 different studies.

Let Data Ladder be your partner in your next marketing campaign and increase returns using DataMatch Enterprise’s cleansing and matching solutions.

To get started with DataMatch Enterprise for your needs, click Contact or Download Trial.

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Merging Data from Multiple Sources – Challenges and Solutions

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