Data Platform for FinanceCore
Real-time Financial Analytics Solution
Overview
FinanceCore needed to consolidate data from 12 disparate systems to enable real-time financial reporting and analytics. We built a modern data platform that unified their data sources and implemented AI-powered insights, reducing reporting time by 85%.
The Challenge
FinanceCore struggled with data fragmentation across 12 different systems, making financial reporting a manual, time-consuming process that was prone to errors. Regulatory compliance was a constant challenge due to inconsistent data formats and delayed reporting capabilities.
Our Solution
Our solution implemented a centralized data lake with automated ETL pipelines that standardized and consolidated data from all their systems. We built real-time dashboards with predictive analytics capabilities powered by machine learning algorithms that could forecast financial trends and identify potential risks.
Results
The new platform reduced report generation time from days to minutes (85% reduction), ensured consistent data across all departments, and achieved 100% compliance with financial regulations. The AI-powered insights helped identify cost-saving opportunities worth $1.2M in the first year.
Key Outcomes
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