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BFSI

 

Client : Banking Solutions

Industry: Banking and Financial
Location: San Francisco, CA, USA

A leading provider of innovative solutions across three primary segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions.
 
 
"I am immensely grateful to InfoObjects Consulting for their exceptional implementation of a robust BFSI solution. Their expertise in the banking and financial services industry was evident as they seamlessly integrated complex systems, ensuring data accuracy and enhancing operational efficiency. Their professionalism, dedication, and deep domain knowledge have been instrumental in our successful digital transformation."
2017-Logo-square-on-grey

Senior Director of Engineering
Banking Solutions

Overview

This case study focuses on a financial company's goal of establishing a scalable data infrastructure with the help of InfoObjects Consulting. The objective was to streamline data ingestion, identification, and filtering processes, enabling the company to handle a wide range of data formats and frequencies efficiently. The collaboration aimed to enhance data management and analysis capabilities for improved operational efficiency and decision-making.

33 %

Reduced Development Effort

40 %

Increase in Valuable Insights

58 %

Increase in Data Availability

The Challenge

The challenge is to create a flexible and generic data pipeline that can handle a wide range of data formats, including JSON, XML, CSV, and fixed-length. Additionally, the solution needs to leverage Dynamo DB tables for efficient configuration control. The goal is to establish a scalable infrastructure that streamlines data ingestion, identification, and filtering processes, allowing the financial company to efficiently manage and process diverse data sources. By collaborating with InfoObjects Consulting, the company aims to overcome these challenges and achieve a streamlined and efficient data infrastructure capable of handling diverse data formats and frequencies.

 

InfoObjects Solution

Unified Data Platform
By leveraging Dynamo DB tables for centralized configuration control, the unified data platform empowers organizations to perform in-depth analysis of data. With customizable configuration settings for data analytics, stakeholders can gain valuable insights and make informed decisions based on accurate and refined data.
 
Highly Adaptable Data Infrastructure
The highly adaptable data infrastructure adopts a generic approach to data ingestion and filtering, supporting various formats like JSON, XML, and CSV. It effortlessly handles a wide range of data sources and structures, providing flexibility and scalability for diverse data requirements.
 
Digital Data Pipeline
The digital data pipeline enables real-time validation and ingestion of banking logs, efficiently handling high volumes and velocities of log data. It empowers organizations to monitor transactions, track system performance, and gain valuable insights for improved operational efficiency and risk mitigation.

 

Technology Stack
The scalable enterprise data infrastructure leveraged a powerful technology stack, including DynamoDB, RedShift, Databricks, Kinesis, Apache Kafka, and AWS Lambda. This robust combination ensures efficient data storage, processing, streaming, and real-time analytics, enabling organizations to build scalable and high-performance data-driven solutions.


 

The Result

Through their collaboration with InfoObjects Consulting, the financial company successfully established a scalable data infrastructure capable of handling diverse data formats and frequencies.
 
The streamlined data pipeline and centralized configuration control mechanism resulting in
  • Improved efficiency
  • Reduced development efforts
  • Enhanced analytics capabilities
 
By collaborating with InfoObjects , the financial company achieved its goal of establishing a scalable data infrastructure capable of handling diverse data formats and frequencies. The streamlined data pipeline and centralized configuration control mechanism resulted in improved efficiency, reduced development efforts, and enhanced analytics capabilities. This successful project showcases InfoObjects expertise in designing and implementing scalable data solutions, empowering businesses to leverage their data assets and drive growth in the dynamic financial industry.

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