The client was a recently acquired finance company focused within Europe that provides asset and investment advice to its clients. It offers asset management for professional investors and aims to sell products more efficiently.
About the Client
Problem Statement
The company needed a solution that allows them to better connect data from financial service providers so that they can offer and sell their products on the market through other banks. Here, the aspect of reliability and security plays a particularly important role as the company works with sensitive data.
The company encountered the following problems:
- Not being Data Vault tested led to longer training times
- Their current system was too expensive, not stable enough and too slow
The Challenge
The company presented some challenges, which were overcome in collaboration with Scalefree:
- Working abroad due to sensitive data
- High uncertainties due to the buyout of the company
- No knowledge of database and data warehouse automation software
To work through these issues, the company sought a richly experienced consulting partner with expertise in Data Vault 2.0 and project management.
The Solution
The client selected Scalefree as its consulting partner for:
- Business Analysis and introduction regarding corresponding tools
- Introduction of Data Vault 2.0 in the team, Skill Build
- Introduction of Data warehouse automation tools
- Introduction and implementation of Wherescape
- Implementation consulting Business logic
- Data modeling and Data retention
- Project management support
- Architecture consulting
Tangible Results for the Client
The results brought fundamental changes for the company:
- The company was able to work much more efficiently
- A data warehouse has been created, with which other financial service providers can offer and sell the company’s products in the market
- During the project, several financial service providers signed up to participate
Technologies used
- SQL Server (ESQL, TSQL)
- Wherescape
- Data Vault 2.0
