Case Study

Boosted Revenue by at least 20% Due to Enhanced Operational Efficiency and Data-Driven Decision-Making

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Industry 

FinTech

Expertise 

Amazon S3, AWS Lambda, Amazon QuickSight, AWS IAM, Amazon CloudWatch, AWS Support

Offerings/solutions 

Improved data management and decision-making with AWS services, boosting efficiency, security, and revenue.

About the Client

The client is an innovative IT products company specializing in FinTech solutions for finance and accounting. Their flagship product, FinAlyzer, revolutionizes CFO reporting in multi-entity organizations by offering integrated group reporting, legal and management consolidation, and profitability insights, empowering informed decision-making and enhanced financial performance.

Highlights

40%

Reduction in Data Preparation Time

15%

Decrease in Security Incidents

20%

Revenue Increase

The Challenge

The client is a leading FinTech company, struggles with monitoring and analyzing their FinAlyzer product on EC2, managing and storing large data volumes, optimizing ETL with AWS Glue, querying data with Amazon Athena, and creating visualizations with Amazon QuickSight. They also face challenges with maintaining security, compliance, and access control, affecting the reliability and scalability of their deployments.

Solutions

• Implemented Amazon Lambda functions to pull data from the centralized bucket and Backup Audit Manager service using APIs such as describe_images, describe_instances, get_caller_identity, list_backup_jobs, and list_report_jobs.
• Scheduled Lambda functions using Amazon EventBridge for periodic data extraction.
• Stored the extracted data in respective folders within the Amazon S3 bucket.
• Created AWS Glue crawlers to update data from the Amazon S3 bucket regularly.
• Built tables in Amazon Athena and used custom queries to join and process the extracted data.
• Pulled data into Amazon QuickSight from Athena tables and prepared datasets for visualization.
• Developed interactive dashboards in Amazon QuickSight with various charts and tables for effective data visualization.
• AWS Services used include Amazon S3, Amazon Athena, Amazon QuickSight, AWS Glue, AWS Lambda, Amazon EventBridge, AWS IAM, and Backup Audit Manager.

The Results

Enhanced data management and decision-making with AWS services, achieving 40% faster processing, 15% fewer security incidents, and a 20% revenue increase.

Download the Case Study

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