Case Study: Cerved boosts real-time business ownership analysis with Neo4j

Cerved cuts real-owner calculation time by 99% with Neo4j

The customer, Cerved, Italy's largest credit agency, faced the challenge of efficiently identifying the "real owner" of a business for compliance purposes, as required by Italian law. Their existing application was slow, taking an average of 12 seconds per calculation. They needed a technology to conduct fast network analysis on their data to develop new, valuable applications. This led them to the vendor Neo4j and its graph platform.

By implementing a solution powered by Neo4j, Cerved dramatically improved its service level. The calculation time for identifying a business's actual owner was reduced from 12 seconds to just 67 milliseconds, a 99% improvement. This performance boost allowed Cerved to extend the solution's use and improve the algorithm's precision. Internally, Neo4j helped simplify processes and cut maintenance and development costs, while externally, it provided customers with real-time applications and better information quality.

Cerved