Banking and Financial Services Enterprise Data modernization of one of world’s largest credit card company from Teradata to On-Premise Big-Data Lake

About the customer – Customer is one of the top 3 largest credit card & payments companies in the world.

Customer Challenge

  • Teradata was the only platform that was catering to the enterprise reporting, This added to significant annual costs for the customer
  • Data was in silos and each BU had their own process to exchange data with other Bus, This added significant delays in developing products that required enterprise level data.
  • Lack of self-service of the enterprise data leading to higher time to market, costs & redundancies.

NucleusTeq Solution Approach

  • Centralized, Standardized & Certified Data for Consistency
  • Democratize Data through self-service API’s while eliminating redundancy
  • Ensuring compliance to Enterprise data security guidelines
  • Maximize application/data Reusability & Globalization

Outcomes Delivered

  • Comprehensive Metadata Management, Security Data Quality & Governance
  • Single source of truth
  • Data integrity & quality with financial B&C
  • Eliminated redundancy by 47%
  • Reduced Attribute SORs by 72%
  • 8 Petabyte data migrated
  • 18 Months total delivery time
  • 35+ M in operations savings per year

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