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Wealth Management Powerhouse Achieves 20% Performance Boost with Coforge's Cloud Data Platform

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Overview.

A leading wealth management firm sought to modernize its legacy on-premises data warehouse. They envisioned a unified, scalable cloud-based platform to seamlessly integrate diverse data sources, enhance governance, and improve data transformation. Coforge stepped in to revolutionize their data infrastructure, leveraging cutting-edge Azure technologies and Snowflake to create a future-ready data platform that would drive financial excellence and competitive advantage in the rapidly evolving industry.

Challenges.

  • Transition from legacy on-premises data warehouse to a modern cloud-based platform
  • Need for seamless integration of diverse data sources
  • Requirement for frictionless data flow and robust governance
  • Demand for enhanced data transformation capabilities
  • Necessity to improve scalability and performance

Solution.

Coforge designed an Azure-based enterprise data lake and warehouse solution utilizing:

  • Snowflake for scalable storage 
  • Azure Data Factory (ADF) for automated data extraction 
  • dbt and Databricks for powerful data transformations 
  • Terraform for infrastructure as code 
  • CI/CD configuration using Azure dev-ops for faster and robust release process 
  • Metadata driven approach to integrate/modify/expand new/existing data sources.

Key highlights:

  • Scalable & cost-effective architecture
  • Enhanced data processing for all data types
  • Elimination of data silos for improved operational efficiency
  • Proactive data governance and validation
  • Secure migration to Snowflake adhering to strict security protocols





The Impact.

20% Performance Improvement 8% Cost Reduction 15% Improvement in Operational Efficiency 30% Reduction in Manual Processes through Automation

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