BUSINESS INTELLIGENCE SOLUTION FOR A LEADING BINARY OPTIONS BROKER IN AUSTRALIA - Case Study
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Case Study
BUSINESS INTELLIGENCE SOLUTION
FOR A LEADING BINARY OPTIONS
BROKER IN AUSTRALIA
DIGITAL
EXPERIENCES
ABOUT CLIENT:
BUSINESS
The client is a leading
binary options broker CHALLENGES
headquartered in Australia.
It provides a range of
option types and various
01
instruments for trading Data distributed across various
data sources:
INDUSTRY: The client lacked a single unified view
Binary Trading of the data which could be used
to derive actionable insights. The
trader’s data, the trading information
REGION: and the customer tickets were stored
Australia in siloed databases.
BUSINESS NEED:
02
The client’s data was Lack of skilled technical expertise:
spread across disparate The client lacked a professional
data sources such as team that could create a business
MySQL, MongoDB and intelligence system.
other platforms like
Freshdesk. The client
needed a system that
could aggregate data
across platforms and to
slice and dice data with
different reports.
DATAMATICS BUSINESS
SOLUTION IMPACTS
Extraction, Transform and Loading (ETL):
» The data from various sources was
extracted, transformed and loaded (ETL)
into an aggregate table by utilizing the
latest big data technologies such as
Business users got a
Hadoop, Hive, Spark, Nifi and Sqoop.
kaleidoscopic view of the
data as they were able to slice
and dice reports by various
Reporting & Analytics: parameters and dimensions
» The data from the aggregated tables
were utilized to generate various
business reports. This was achieved
using Tableau 2018.3
Data silos and manual reports
were eliminated which saved
Big Data Testing: a lot of time for the business
» A niche testing strategy was developed and also improved accuracy
to ensure data integrity and authenticity of reporting
with millions of database records and
gigabytes of data.
A single unified data
warehouse enabled data
aggregation across business
functions such as Finance,
customer support, risk etc
Business users could generate
adhoc reports as they had
access to real-time data with
frequent reports refresh
ABOUT DATAMATICS
Datamatics provides intelligent solutions Document Processing, Business Intelligence
for data-driven businesses to increase and Automated Fare Collection. Datamatics
productivity and enhance the customer services global customers across Banking,
experience. With a complete digital approach, Financial Services, Insurance, Healthcare,
Datamatics portfolio spans across Information Manufacturing, International Organizations,
Technology Services, Business Process and Media & Publishing. The Company has
Management, Engineering Services and Big presence across 4 continents with major
Data & Analytics all powered by Artificial delivery centers in the USA, India, and
Intelligence. It has established products Philippines. To know more about Datamatics,
in Robotic Process Automation, Intelligent visit www.datamatics.com
Read more about Business Intelligence Solutions Offering
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