Case Study: a leading financial services firm becomes data-centric with Ab Initio Software

All the data in the world won’t help you make better decisions if you don’t know what you have, can’t get at it, and can’t add to it

The financial services firm faced significant challenges in accessing and utilizing its vast data resources to answer complex client questions. Hindered by slow error correction, an inability to integrate new data, and difficulties determining what information was even available, the firm sought a partner in Ab Initio Software to help transform its data management approach and become truly data-centric.

Ab Initio implemented a powerful solution, shifting over a petabyte of data into a data lake running on Hadoop. This allowed the firm to create reusable data acquisition frameworks and establish a single source of truth for its core data. As a result of working with Ab Initio, the firm increased processing speed by over 50%, reduced costs, improved software stability, and cut problem-resolution time from months to days, ultimately transforming from an industry laggard into a data-driven leader.