Automated ETL and Advanced Reporting for Fintech Client

Automated ETL and Advanced Reporting for Fintech Client

time-icon 5 min

IN A NUTSHELL

Centralized 5 billing applications in one platform
Achieved 74% reduction in processing time
Increased operational efficiency by 87%

About Client

The client is a premier provider of title insurance, settlement services, and risk solutions for real estate transactions across the US. They alsooffer title plant management, home warranties, as well as banking, trust, and wealth management solutions.
01

The Challenge

The client struggled with managing several outdated desktop applications, including in-house billing systems and partner systems that relied on legacy devices over 10 years old. Their file ingestion process led to significant data reporting issues, affecting overall operational efficiency. To address these challenges, the client needed a modern, digitized system capable of consolidating all their data and streamlining workflows.
02

How we helped them

Recognizing the client's need for a centralized approach to managing multiple applications, Ciklum developed a dynamic solution designed to eliminate bottlenecks and streamline billing processes. Ciklum consolidated five separate billing applications into a single, modernized web system to create a unified billing platform. We also implemneted an automated ETL system to efficiently handle diverse data feeds, backed by an advanced reporting solution to significantly enhance operational efficiency.
03

The results

Centralized 5 billing application in one platform
Achieved 74% reduction in processing time
Increased operational efficiency by 87%

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