Asset Management and Investment Firm:
Industry: Banking, Financial Services & Insurance
talk to an expertIndustry: Banking, Financial Services & Insurance
talk to an expertOver the last five years, the wealth management industry has witnessed an increasing necessity for real-time data to keep their organizations, clients, and partners competitive. As data increases in volume and complexity, however, it becomes more challenging to mine and manage.
Leading asset management and investment firms have been turning to data management and analytics tools and platforms to help them make better supported and quicker investment decisions.
Asset management firms that are applying advanced data management and analytics techniques across the full value chain (from asset acquisition to investment management and asset administration) capture the attention of investors who are searching for a more personalized, competitive service.
The client was relying on legacy architecture, a complex data warehouse system, suboptimzed for performance. Slow data processing caused a delayed response to production errors, negatively impacting data analysis and overall operations.
They needed to rebuild the data workloads and improve their daily data loading time because they required faster access to valid data to make time-sensitive and strategic decisions.
Encora developed and implemented a plan, the Distributed Computer Project, to rearchitect the client’s data environment to improve daily data loading time and accelerate response time to production errors.
One of the most considerable improvements the Encora team accomplished was reducing data loading times from five hours per day to one hour. This improvement allows the firm to attract the attention of new investors and offer their clients personalized, faster access to valuable information.
The Distributed Computer Project has sped up time-sensitive, strategic investment decisions, preparing the client to compete in an evolving, fast-paced, data-driven wealth management landscape.
Santa Clara, CA
+1 669-236-2674
letstalk@encora.com
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Santa Clara, CA
+1 (480) 991 3635
letstalk@encora.com
Innovation Acceleration
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