In today’s rapidly evolving regulatory landscape, financial institutions face increasing pressure to modernize their data infrastructure. A leading financial institution in Brazil partnered with Artefact to transform its legacy data platform, achieving significant improvements in efficiency and governance.

The challenge: legacy systems hampering agility.

The client’s existing data platform, based on GCP, was struggling to meet the demands of modern regulatory reporting. Key challenges included:

  • Limited efficiency: The platform couldn’t efficiently process and analyze data for critical reporting requirements.
  • Governance issues: There were limitations in data governance, traceability, and pipeline control.
  • Lack of adaptability: The system hindered the client’s ability to adapt to evolving regulatory demands.

The solution: A strategic migration to AWS and Databricks.

Artefact led a comprehensive overhaul of the client’s data platform, migrating it to a modern architecture leveraging the power of AWS and Databricks. This involved:

  • Deploying Databricks on AWS: This enabled advanced analytics and data processing capabilities.
  • Implementing key AWS components: This included Amazon Redshift for data warehousing, S3 buckets for scalable storage, and AWS Glue for data integration.
  • Restructuring data products: This involved complex data transformation and ingestion pipelines using AWS Glue and Databricks.

Enabling data consumption: Making transformed data readily available in Amazon Redshift for consumption through interactive Power BI dashboards.

The results: Enhanced efficiency and governance.

The transformation delivered significant results, empowering the client to meet its regulatory obligations with greater agility and confidence:

  • Reduced processing time: Analytical product processing time was slashed from approximately 4 hours to just 1 hour and 30 minutes.
  • Improved data governance: Enhanced data governance, traceability, monitoring, and pipeline control elevated the overall maturity of the data ecosystem.

By migrating to a modern AWS-based data platform, the financial institution gained the agility and scalability needed to thrive in today’s complex regulatory environment.