Compliance & Regulatory Reporting

Challenge

Replace a costly legacy system that ran on expensive enterprise data warehouse (EDW) appliance technology. It was a complex enterprise wide Basel III compliance reporting system. The data aggregation function required extensive processing power resulting in prolonged SLAs.

Solution

  • Separated the storage of hot and cold data by implementing a new cold storage archiving solution.
  • Migrated processing for intensive requirements at large scale to the big data warehouse (BDW) platform.
  • Implemented a blended, hybrid approach for storage for aggregated data that significantly reduced overall reporting time and improved total cost of ownership.

Delivering on the Promise

Improved reporting accuracy and 60% faster--ensuring that strict regulatory compliance requirements are met in a timely fashion.

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Industry:

Financial Services


Technologies:

HDFS, Teradata, Pig, Hive, SOLR, MapReduce