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EDM for Maritime

A workflow automation platform for participants in the maritime, shipping and logistics sectors, including terminal operators, port authorities, beneficial cargo owners, vessel owners and operators, carriers, insurers and corporates

As the focus on digitization increases, access to actionable, trusted data is more critical than ever when looking for new ways to drive growth, mitigate risk and adapt to ever-changing supply chain environments.

The increasing volume, variety and complexity of data (including bill of lading, ports, AIS, vessel, container and cargo data), and the use of manually-maintained spreadsheets, databases and siloed systems, make it difficult for companies to truly leverage their data as an asset. As a workaround, many rely heavily on manual processes to merge and manage data sets across spreadsheets, vendor sources and home-grown databases. This increases operational risk and decreases response times.

EDM, a workflow automation platform with data management at its core, addresses these challenges by automatically synchronizing data across disparate data sources, applications and users within the organization. EDM delivers five key capabilities:

  • Rapid integration: transforming data for use in downstream systems and by users
  • Data quality: applying robust, customizable business rules to ensure data quality and accuracy
  • Aggregation and master data management: producing a centralized, single version of the truth across multiple disparate sources
  • Workflow automation: automating the collection, normalization and uploading of data, combined with an intuitive UI layer for enhanced business user workflows and interaction
  • Data storage and reporting: storing historical data and making it available for reporting

The EDM platform integrates with any internal or external data source, application or file structure, and pulls disparate data types from multiple sources which are then matched and aggregated in a central hub. It creates a consistent, single version of the truth in a traceable, audited environment.

Key benefits

Solutions

Experts

Jamie Penniman

At IHS Markit he is the global head of Enterprise Data Management (EDM), which provides clients with industry-leading software and services for data management, governance, warehousing and reporting.Previously, Mr. Penniman was the Global Head of Sales for EDM. During his ten-year tenure at the firm, he has focused on helping clients to solve complex business challenges while reducing cost and improving operational efficiency.Prior to joining Markit, now IHS Markit, in 2010, Mr. Penniman was responsible for growing sales at Evare, LLC. He has also held sales and business development roles at Charles River Development and Integrity Interactive. Mr. Penniman holds a degree in Business Administration from Merrimack College in North Andover, Massachusetts.

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James Kwan

As a data management and software specialist, Mr. Kwan has had multiple responsibilities within EDM during his five-year tenure at IHS Markit, including sales and business development, new industry discovery and product strategy. He plays a central role in growing the business and applying EDM's capabilities to multi-industry challenges.Mr. Kwan has also held roles at S&P Capital IQ (now S&P Global Market Intelligence) and holds a degree in International Business from Loughborough University, UK.

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Phin Smith

He has over 14 years of experience as a data management specialist, working directly with clients to solve complex business challenges and improve their data management strategies. Prior to focusing on the maritime industry, Mr. Smith was the Global Head of Presales for EDM for 6 years and held multiple roles across implementation and consulting.Prior to joining Markit, now IHS Markit, in 2013, he was a senior consultant, running data management implementations in North America and Europe. He has also worked in business development.

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