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Hypernova Streamlines Data for Investment Management Firm

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Overview.

A prominent investment firm struggled with time-consuming data integration and managing multiple systems. Coforge’s Hypernova platform simplified data management, improved accuracy, and accelerated reporting, boosting efficiency and profitability. 

Challenges.

  • Time-consuming data integration from multiple systems.
  • Complex reporting tools hindered access to critical insights.
  • Maintaining data consistency across diverse platforms.

Solution.

  • Implemented Hypernova data abstraction layer for simplified interaction with core systems. 
  • Integrated with reference data sources for a single source of truth. 
  • Supported various asset and wealth management functions with a domain-driven design. 
  • Provided a transparent view of fund, investor, and investment data. 
  • Enabled a composable approach to data management for scalability. 

Metric Improvement
Reported Data Issues Reduced by 75%
Time Spent Researching Data Reduced by 90%
Feature Deployment Speed Increased by 20-70%
Change Implementation Time Reduced from 4-6 weeks to 2-3 days
Client Onboarding & New Product Launches Accelerated by 60%

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