Case Study: St. James’s Place Wealth Management accelerates regulatory reporting with Denodo Platform

St. James’s Place cuts wealth accounting report time by 80% with Denodo Technologies

St. James’s Place Wealth Management, a leading UK wealth manager, faced a challenge in keeping up with rapidly changing financial regulations like MiFID II. Their traditional ETL data pipelines were too rigid and slow to generate the required regulatory reports efficiently. To build a more agile and flexible data infrastructure, they turned to Denodo and its Denodo Platform data virtualization solution.

Denodo implemented its platform as a virtual data integration layer to logically unify data for reporting. This solution enabled St. James’s Place to generate critical reports, including their massive annual customer mailing, much faster and to directly feed data via RESTful services to other systems. By using Denodo, the company reduced wealth accounting report generation time by 80%, streamlined compliance for MiFID II, and migrated legacy systems to the cloud without disrupting operations.

St. James’s Place Wealth Management