Menu
Quotable Value brings "Monarch" legacy replacement project home under budget

Quotable Value brings "Monarch" legacy replacement project home under budget

Built on AWS and microservices, Monarch is a competitive weapon

Raewyn Lovett (Quotable Value)

Raewyn Lovett (Quotable Value)

Credit: Quotable Value

Government-owned property information company Quotable Value has replaced its legacy core with a new data management platform, delivered under budget.

Called Project Monarch, the system was designed to reduce risk in its legacy environment, called QIVS, to drive productivity and the deployment of digital processes and efficiencies for customers, Quotable Value (QV) told Reseller News.

Monarch had a budget of $9.1 million over a two-year rollout, but had a capitalised value in QV's 2018 accounts to the end of June of under $5.5 million.

Monarch was developed using a combination of micro-services architecture and analytics platforms run on cloud services, including AWS - it uses services including EC2, S3, SNS and Lambda implemented with the help of partner Consegna.

Monarch includes what QV describes as "next generation technology" to support the company's future business needs.

"Monarch is a programme of work that is being continuously enhanced to ensure that we utilise leading edge technology and data analytics platforms," QV said in answer to questions. "We have been rolling out benefits of the program to our people and customers in stages over the last two years, under Agile methodology."

With QV facing increasing competition from Australian-owned property data company Opteon, Monarch is also a competitive weapon, especially in relation to council clients, chair Raewyn Lovett explained to Parliament's primary production committee in February.

"It’s a tussle," Lovett told MPs. "We’re all sort of sitting here calmly but it’s a battle that we are determined that we’re not going to lose.

"If we can stay around about what the market share is at the moment that will work for us. Every success we have means we’ve locked that in for another three years.

"That’s pretty important for us to win contracts that we have, and we’re looking to acquire ones that we don’t have."

Ongoing investment in technology presents an opportunity for QV to work with customers on further enhancements and innovations to support its continuous improvement road map.

"This will enable us to revolutionise the services we offer to our customers by leveraging and developing greater self-service options, digitisation, real time information and greater integration of data.” said Kirti Suman, chief growth officer of QV.

The technology enables customers to directly log on and receive real time property data as well as real time information on QV services and performance.

There is self-service reporting options available real time to give customers better business intelligence to make better decisions.

For QV staff, Monarch delivers a one-stop shop for the key information needed on a property. It also provides real time data, richer property data fields and mobile phone functionality for field work.

Additional property collected by QV's field staff will be able to be uploaded and incorporated in services offered.

QV said Monarch has improved the efficiency of valuations, data collection and customer service through use of automation, pre-population and digital channels.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags analyticsQuotable ValueQVproperty industryMonarch

Featured

Slideshows

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners

More than 500 channel leaders gathered in Auckland on 21 October at the ​Reseller News Innovation Awards ​2020 to celebrate the achievements of the New Zealand technology industry's top partners, start-ups, vendors, distributors and individuals.

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners
Meet the winners of the 2020 Reseller News Innovation Awards

Meet the winners of the 2020 Reseller News Innovation Awards

Reseller News honoured the standout players of the New Zealand channel in front of more than 500 technology leaders in Auckland on 21 October, recognising the achievements of top partners, start-ups, vendors, distributors and individuals.

Meet the winners of the 2020 Reseller News Innovation Awards
Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

This year’s Reseller News 30 Under 30 Tech Awards were held as an integral part of the first entirely virtual Emerging Leaders​ forum, an annual event dedicated to identifying, educating and showcasing the New Zealand technology market’s rising stars. The 30 Under 30 Tech Awards 2020 recognised the outstanding achievements and business excellence of 30 talented individuals​, across both young leaders and those just starting out. In this slideshow, Reseller News honours this year's winners and captures their thoughts about how their ideas of leadership have changed over time.​

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners
Show Comments