Case Study: a British wealth management company improves regulatory reporting and business agility with Denodo Technologies

A British Wealth Management Company Leveraged the Denodo Platform to Improve Customer Satisfaction and Business Agility

A British wealth management company, with over £100 billion in assets under management, faced the challenge of complying with stringent MiFID II regulations while operating a fractured data landscape comprised of on-premises systems and various cloud applications like AWS, Snowflake, and Salesforce. They needed a modern data integration solution to improve transparency, unify their siloed data sources, and facilitate a cloud migration without relying on slow, traditional ETL processes.

The company implemented the Denodo Platform to create virtual data marts that serve as a single source of truth, aggregating data from multiple sources to automatically generate critical regulatory and client reports in XML format. This solution provided by Denodo significantly improved business agility, most notably by reducing a key five-day annual wealth accounting process to just one day, while also ensuring seamless compliance and offering greater flexibility in data delivery.