Data Analytics-powered financial portfolio management system
In response to the shifting landscape of financial services, our client, a prominent US-based financial consulting firm managing $30 billion in assets, sought to modernize their operations. Facing challenges with manual processes and Excel reliance, Experion proposed an advanced financial portfolio management system driven by real-time data analytics.
The Client
The client, boasting over 1,000 financial advisors, required a solution to streamline financial tasks, enhance data management, and provide real-time analytical reports. Experion stepped in to transform their processes and elevate the overall client experience.
The Challenge
The client grappled with Excel-centric workflows, lack of real-time analytical reports, absence of a comprehensive customer portfolio management system, and inadequate security for sensitive customer data and investment portfolios. Experion aimed to address these challenges with innovative solutions.
Our Solution
Experion devised a comprehensive investment platform leveraging real-time data analytics to revolutionize the client’s operations. The platform included features like retrieving and storing stock market data, presenting financial insights through a Tableau-powered dashboard, generating customized reports, and facilitating seamless PDF downloads. The user-friendly web interface catered to various platforms, offering complete investment advisory services.
Capabilities Delivered:
- Data analytics-powered platform for financial advisors
- Real-time stock market and mutual fund data for analytics
- Advanced data extraction module for up-to-date market data
- Statistical insights and calculations for advisory firms
- Integration with Tableau-powered BI engine for real-time analytics
- Benchmarking and modeling of client portfolios against historical data
Business Impact
The implemented solution empowered the client to:
- Aggregate financial data seamlessly from multiple sources
- Onboard 1,000+ financial advisors onto the portfolio management platform
- Import 100,000 stock-related data records daily
- Achieve a 10X growth in financial advisors, collectively managing a $30 billion portfolio