Firms continually struggle with data and the ability to confidently use it as a source of information to support their corporate strategies. This is a vital part of any organization’s survival for the future. However, we consistently see many [organizations] still struggling with the basics – the lack of a ‘fit for purpose’ data management platform with core coverage underpinning customer, product, and services reference and transactional data.
We find that businesses face a number of common challenges. These include:
Years of developing business transformation logic which exist in numerous platforms and EUC’s
Complex proprietary and expensive data management software often not perceived not to be adding value
Decades worth of legacy estate development Heavy dependency with ‘Central Data’ teams
Mergers and acquisitions creating challenges integrating multiple platforms and data sources
Significant investment sunk into old technology and a lack of appetite to switch to more modern technologies and architectures
The high cost of ownership and increasing talent scarcity in running old technologies
Frustration by business consumers caused by no proper data management, quality and governance functions
We have created a platform called EXF Insights which is a collection of components, utilities, accelerators, and AI/ML pattern matching modeling to accelerate organizations' journey towards Data agility.
EXF Insights leverages both ETL and non ETL tools in a two-stage engineering approach. This accelerates the data migration, management, and integration delivery for both structured and unstructured data and is inter-operatable with existing applications.
¶ Automation framework for data loading and transformation:
EXF Insights is a cloud-native, comprehensive feature-rich platform that streamlines and automates data loading and data transformation. It reduces the need for manual analysis and contains all of the necessary user interfaces and audit capabilities to underpin these processes. It is also DevOps-centric and is resilient, scales, and controls aware.
¶ ML pattern matching for data quality automation:
EXF Insights improves accessibility, consistency, and the quality of data across your legacy systems and multiple data sources. It leverages our proven metadata ML/AI-driven scoring mechanism. The components include utilities for full instrumentation, lineage, cataloging, and dashboards along with automated prediction, prevention & fixing of data errors.
EXF Insights repository management has governance utilities such as intelligent lineage of sources and target, versioned business glossary, and transformation rules with integration to Meta-data repository.
EXF Insights has a number of utilities that enable your data loading and source to target transformation outcomes to be packaged up as ‘Run Books’ and deployed. These utilities can be event-driven or scheduled. Deployment can be made to a Snowflake platform or other cloud-native repository or existing client-vendor platform repositories.
Whatever data challenges or strategic objectives you have we provide a comprehensive set of services to address them. Here are a few examples – there are many more – of the typical challenges we look to help with.
Our platform has a unique set of tools that we use to help accelerate your end-to-end data migration and integration deliveries however complex they may be. We leverage a two-stage, ten-step engineering approach that meets the requirements for both structured and unstructured data.
The first stage involves reverse engineering, reconciling, and cleansing your legacy ETL and business transformation logic. We use AI/ML capability as part of this process.
The second stage involves the deployment of your cleansed business logic into your target platform. Again we use our AI/ML tool kit here to accelerate this process along with our data quality automation tools.
We help automate key aspects of the Data Analyst function by initially analyzing multiple disparate data sets and scoring them for alignment.
We apply Natural Language Processing (NLP) on the attribute name and underlying value and score the outcomes. All of the relationships are cataloged with an inventory of aligned data for which to do source to target mapping. This is presented visually to the Analyst through our Analyst UI.
We cater to all data source types – file, message, queues, spreadsheets, unstructured data, and relational databases; including Snowflake Data Warehouse. Once the Analyst is ready to sign-off a Source to the target master, EXF Insights provides a fully documented and versioned specification including visualization and data ownership.
Workflows are provided not only to identify data quality issues but also to make AI/ML-driven recommendations for intelligent automation correction to these problems. Some examples include:
The identification of price breaks that arise from a Corporate Action split. In this example, rules are provided to ensure that day over day price tolerance checks are included looking at Corporate Actions not just to report a price break, but also to return a Corporate Action alert message to operational teams
Stale prices can be detected, and then secondary or tertiary data sources invoked to let Operations personnel know that another source was verified with a recommendation to use.
Exafluence is a global firm led by a team with decades of Tech & engineering expertise and experience in the financial services industry. We provide new cost-effective solutions across industrial device monitoring, IoT, healthcare, and financial services. As a managed service provider, we are happy to share our experiences and expertise to make you more successful.
Holley Holland offers practitioner-led consulting in business, digital, and data technology change. This together with deep global sector client experience facilitates scaled delivery at a pace focused on business outcomes. Holley Holland offers a complete range of data and analytics services and covers the full end to end journey from helping you define your data & analytics strategy through to delivering on it. Holley
Holland and Exafluence work together in a trusted partnership. We believe that the unique combination of business and delivery expertise, coupled with the EXF Insights platform, brings you a powerful team to help you design and deliver your data need for the future.
