Hexaview worked with the Business transformation partner of a renowned Insurer
Fintech
Binding seamless Technology with Finance
Original text
Rate this translation
Your feedback will be used to help improve Google Translate
Binding seamless Technology with Finance
Implementing Salesforce to smoothen your business
Building Solution to Solve unique Problems
Accelerate digital transformation with cloud
Simplifying business with Data Science
Revolutionizing businesses using blockchain
Equipping Insurers with Cutting-Edge Insurtech Solutions
Know us in a better way!
Transforming Business with Latest Robust Technology
Join A Team That Celebrates You Daily!
Our top priority is the security of your data!
Giving back to the society!
case studies
GeneralPublished on: Fri Feb 10 2023
About the Company
Our client is a U.S.-based financial Services firm. The company is a FinTech firm redefining the relationship between asset managers and their back office. Our client is dedicated to excelling in settlements, clearances, record maintenance, regulatory compliance, accounting, and IT services & administration.
Challenges:
The Client was facing data storage errors due to the absence of a properly normalized database. Moreover, the data is calculated with the help of a python code script.
Solutions:
Hexaview Technologies and our Client have been in business contact for a long time. Both organizations share a strong bond of trust. The performance of our client grew once Hexaview's solutions were deployed, making it clear how much effort we put into finding a solution. Due to a lack of a properly normalized database, the Client was experiencing data storage issues. Furthermore, a Python script is used to calculate the data.
Hexaview created a highly scalable data pipeline and fetched data from various sources using AWS (Amazon Web Services) Lamba. We used AWS Glue for performing ETL tasks and updated the data in PostgreSQL. We resolved all the scalability issues of the Client by using event-based architecture. Moreover, our Solution enables the Client to get automatic data updation, perform ETL work, and put data in SQL tables for immediate consumption in a brief time.
Tech Stack
Python, Pyspark, Pandas, Jenkins, Postgresql, Paramiko, AWS glue, AWS lambda, AWS EC2, AWS S3, AWS eventbridge, AWS Cloudwatch, AWS RDS.
Key Results
Our Solution resolved scalability issues and improved data availability at the client end. The entire ETL process is automated, thereby reducing the turnaround time.
Key Benefits:
· Improved Scalability
· Increased Data Availability
· Faster Data Extraction
· Provided Data Backup
· Timely fulfillment of client needs
· Consolidated Data View
Get 30 Mins Free
Personalized Consultancy
