Development of a finance data platform

 

Objective

 

A large European Union bank wanted to build a platform which can provide a consistent quality of data and cater to the various groups outside the CFO organization for financial and regulatory reporting.

 

Challenges
 

  • Lack of expertise required to build a centralised platform flexible enough to cater to different lines of business
  • Volume and variety of data needing integration in the central platform
  • Manual processing required to generate detailed drill-downs to a granular level

Approach
 

  • Profiled 1,400+ attributes and defined checks for the 14 data feeds
  • Provided CRISIL SMEs to fill skill gaps in technical roles with advisory experts to design and build the platform
  • Used Spark, Tableau, Apache Sqoop and Kafka in finance data platform build

Impact
 

  • Analyzed and integrated 14+ source feeds in a single centralized platform, creating a single point of access for different business lines
  • Reduced the time to refresh 12GB of data down to 5 minutes
  • Generated 200+ reports for group disclosures to facilitate drill-down into granular data

Request for services

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Questions



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