Community Focused National Bank with $97 Million in Assets Enhances Customer Experience and Compliance with Scalable Data Lake.
Project Highlights
This project highlights the implementation of OwlFinancial’s Data Platform as a Service, featuring a scalable data lake designed to centralize structured and unstructured data from internal and external sources. As part of the initiative, we were ingesting data from 10+ sources into a central enterprise-wide data lake.
The solution provided a unified repository that streamlined data management while ensuring scalability and accessibility. The platform enabled efficient integration, improved data governance, and enhanced analytics capabilities by leveraging advanced data architecture. This transformation empowered the organization to optimize operations, drive data-driven decision-making, and support future innovation.
Benefits
- Achieved $300K in cost savings compared to traditional data management approaches.
- Enabled 90% faster implementation, accelerating time-to-value for the new data platform.
- Saved 200+ hours per month on data cleaning and unification through automation.
- Streamlined data management and reporting, reducing inefficiencies and delays.
- Enhanced analytics accessibility and data-driven decision-making across the organization.
- Automated transaction reconciliation and improved data accuracy, strengthening fraud detection and compliance.
