Customer Story

New England Bank

New England Bank logo

80 years

of full service commercial banking in New England


exceeded bank’s customer data accuracy rate


For commercial banks, delivering outstanding customer service is critical to staying ahead of the competition. With a wide range of services and account types, this well known New England bank faced challenges in creating the single, consistent customer view needed to serve their customers quickly and efficiently. As they moved from an account-based to a customer-based view, the bank’s legacy systems were unable to provide the consolidated customer profiles necessary to support the transition.

Business challenge

The bank had dozens of source systems housing customer data. These legacy systems (some over 20 years old) made it extremely difficult to create a consolidated customer view.

When clients called into the bank’s call center to discuss their mortgage, credit card or bank accounts, that team often had difficulty accessing all customer information for all products. The resulting delays impacted customer satisfaction and drove call center costs up.

The bank also required consolidated views of their business customers in order to effectively market the bank’s full business portfolio — another key priority.

Finally, the bank was looking to cut IT costs through implementing a more agile, streamlined system.

New England Bank logo

Client profile

  • A full-service commercial bank serving New England for over 80 years
  • Offers both personal and business banking
  • Provides a complete range of financial planning and investment services

“After deploying Precisely’s single customer view solution, the bank’s customer data accuracy rate exceeded 96% — up from 45-50% at the beginning of the project.”


The bank chose the Precisely Spectrum Quality based on its unique approach to providing a single, consolidated view of each customer.

The bank moved quickly through development, performance testing, and deployment by working closely with our services team, which included a Solutions Architect to help define the requirements of the new system.

After implementation, the bank was able to consolidate customer data from all sources, creating a single ‘golden record’ for each customer. They also leveraged Precisely Global Addressing capabilities, to validate and standardize customer name and address information.

Challenged by the duplication of customer records, the bank was able to resolve many of these duplications automatically with the initial system implementation. For more difficult duplications the bank is leveraging Spectrum capabilities that inspect and resolve duplications on a continuous basis, reducing the requirement for records investigation.

With this single view of the bank’s customers, Precisely can provide a range of web services for the bank, giving the bank’s marketing team the ability to query and pull customer information into a variety of web-based applications and target specific, relevant offers to their business and consumer customers.


Technology used

  • Spectrum Context Graph
  • Spectrum Quality
  • Spectrum Global Addressing

“Precisely’s single customer view solution solution has simplified IT operations, easing legacy system maintenance and requiring only half as many IT staff.”


With the single customer view solution, the bank saw a significant improvement in their customer data quality, with an accuracy rate improving from 45% to 96%. They are also leveraging Precisely reporting and analysis capabilities to assess real-time data quality trends.

Armed with comprehensive client data, the contact center team now opens new accounts and makes profile changes instantly. Previously, clients waited up to 48 hours to access updated accounts online.

With Precisely’s single customer view solution, customers can now log into all their accounts and services with a single login and password, eliminating multiple client logins and passwords.

Precisely’s single customer view solution has also simplified IT operations, cutting legacy system maintenance requirements and freeing up IT resources. And with the ability to provide faster, more responsive customer service, the bank has also lowered their contact center costs.

With these new capabilities in place, the bank is accelerating their digital transformation. Precisely’s single customer view solution provides the single, consolidated customer view supporting that transformation, and serves as the foundation for future e-commerce initiatives.


Precisely Spectrum Quality

Ensure your data is accurate, valid and complete to deliver the trusted data that fuels customer understanding and engagement

Related resources