Data Analytics In BFSI | Tibil Solutions

1. ARCHITECTING INFORMED DECISIONS Impactful partnerships B2B Payments Sector USA The Big Data Conundrum Our client, the leading expert in B2B payments in the US, is focused on enabling suppliers to optimize their card acceptance by lowering costs, automating a cumbersome and manual process, simplifying and expediting reconciliation while eliminating their exposure to sensitive card data. For example, One of the prestigious assignments of the organization was to help a manufacturing giant’s Accounts Receivable team take less than fve seconds to reconcile credit card payments that may include hundreds of individual invoices. Making such powerful B2B payments solutions a reality for several organizations requires next generation Data Management. And that’s where TIBIL stepped in. The Technology Challenge Even as they were faced with multiple sources of data, large datasets andreconciliation issues, the client was looking to transform their existing methods of transaction processing. The challenges for us were: Overcoming the issues of scalability, uneven data quality & reliability, delayed processing, dependencies in performing critical tasks, non-standard reporting, and overburdened team members. Coping with manual data processing, no access to historical data, and delayed customer service. Merging and making sense of the vast unstructured data residing in emails and excel sheets.

2. Our Solution: Simple, Seamless, Powerful Data Foundation To enable the client achieve their mission, TIBIL proposed and developed a new age, cognitive Data Lake that helped deliver multiple business benefts. Our comprehensive solution included: Real, Tangible, Attributable Impact Automation of inputs for existing Suppliers/Gateways. Single source of truth for data veracity, reliability,and operational efciency Migration of historical data. Real-time and easy data access to eliminate latency in communicating with customers. Developing APIs to seamlessly integrate the various Third Party software (which were handling the regular processing of transactions) with the core data-engineering platform. Multiple access level architecture to enable complete view of data for all stakeholders. Seamless, automated transaction processing and real-time alerts to enable smooth workfow. Creation of a real-time data repository in NOSql format. Future-ready solution – allowing the client to scale with new data sources from evolving business needs - at a lesser cost and greater fexibility. Data validation between sources and Data Lake. Automation of existing reports - Scheduling of daily/weekly/ monthly reports. Enhanced ability to meet Security and Compliance standards like PCI Creation of GUIs for business users. TALK TO enquiries@tibilsolutions.com www.tibilsolutions.com +91 83748 44335 US