Case Study: MarketAxess achieves faster data-driven decisions with Pentaho Data Integration

MarketAxess reduces ETL development time by 70% with Pentaho

MarketAxess, a financial services company operating a digital bond trading platform, faced a challenge in making data-driven decisions due to inefficient and limited data consolidation tools. Their Credit and Market Risk team needed a more capable, scalable, and cost-effective ETL solution to aggregate and analyze data from numerous sources for accurate business reporting.

To address this, MarketAxess implemented Pentaho's Data Integration and Analytics solution. The rollout began with the intuitive Community Edition and expanded to the Enterprise Edition. Using Pentaho, the team can now quickly consolidate and transform data from various sources, debug issues within the interface, and provide fast analysis for leadership. This resulted in a 70% reduction in ETL development time, freeing resources and providing better risk visibility to enhance competitive advantage and support business growth.

MarketAxess