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Bank Data Analytics Platform

The Bank Data Analytics Platform project aims to develop a web-based application for the Client and its customers to query and analyze data relating to various banks and other financial institutions. The project involves building an interactive B2B web app with custom dashboards and analytics features, as well as using AI functionality to empower the application's development and analytics capabilities.

Finance

Web applications

Data Insights & Forecasting

System integrations

Finance

Web applications

Data Insights & Forecasting

System integrations

30+

system integrations

19%

CX boost

About the client

Financial services and consulting company with operations in South Africa, the UK, and the USA

Tech stack

Python

Pandas

PostgreSQL

Django REST framework

ReactJS

AWS

Challenges & solutions

Challenge

Build an interactive B2B web application with custom dashboards and analytics features.

Solution

Web-native development from scratch with a design framed within the Client's existing website and UI/UX front-end to facilitate queries, algorithms and visualisations.

Challenge

Develop a system that interrogates various sets of financial data, calling up time series.

Solution

High-loaded AI scraping algorithms to generate a real-time database of financial bank data from various open source websites and financial institutions.

Challenge

Empower application development with AI functionality.

Solution

The developed system has calculations capacity that enable users to run algorithms on the data, such as comparing, rebasing, etc. and presenting data graphically and/or downloading it in PDFs.

Bank Data Analytics Platform first slider image

Bank Data Analytics Platform second slider image

They've had a quick grasp of what we are trying to do and delivered to our spec without a fuss.

Stuart Theobald

Chairman Intellidex, Financial Services and Consulting company

The way we deal with your task and help achieve results

Step 1 of 5

Free consultation

It's a good time to get info about each other, share values and discuss your project in detail. We will advise you on a solution and try to help to understand if we are a perfect match for you.

Step 2 of 5

Discovering and feasibility analysis

One of our core values is flexibility, hence we work with either one page high level requirements or with a full pack of tech docs.

In Data Science, there are numerous models and approaches, so at this stage we perform a set of interviews in order to define project objectives. We elaborate and discuss a set of hypotheses and assumptions. We create solution architecture, a project plan, and a list of insights or features that we have to achieve.

Step 3 of 5

Solution development

The work starts with data gathering, data cleaning and analysis. Feature engineering helps to determine your target variable and build several models for the initial review. Further modeling requires validating results and selecting models for the further development. Ultimately, we interpret the results. Nevertheless, data modeling is about a process that requires lots of back and forth iterations. We are result focused, as it’s one of our core values as well.

Step 4 of 5

Solution delivery

Data Science solutions can be a list of insights or a variety of different models that consume data and return results. Though we have over 15 years of expertise in data engineering, we expect client’s participation in the project. While modeling, we provide midterm results so you can always see where we are and provide us with feedback. By the way, a high-level of communication is also our core value.

Step 5 of 5

Support and continuous improvement

We understand how crucial the solutions that we code for our clients are! Our goal is to build long-term relations, so we provide guarantees and support agreements. What is more, we are always happy to assist with further developments and statistics show that for us, 97% of our clients return to us with new projects.

Success stories

Check out a few case studies that show why DATAFOREST will meet your business needs.

All Success Stories

System integrations

Data Scraping

Business process automation

Data Science

Data parsing

We helped a law consulting company create a unique instrument to collect and store data from millions of pages from 5 different court sites. The scraped information included PDF, Word, JPG, and other files. The scripts were automated, so the collected files were updated when information changed.

14.8 mln

pages processed daily

43 sec

updates checking

Sebastian Torrealba

CEO, Co-Founder DeepIA, Software for the Digital Transformation

View case study

These guys are fully dedicated to their client's success and go the extra mile to ensure things are done right.

Data-driven marketing

We created a solution that helped optimize the customer base to get the most out of the customer data. This solution notifies the client about the services/goods, which they would likely buy, according to the gathered information.

20%

sales growth

200%

traffic boost

Jeremy Groves

CEO ThinkDigital, Digital and Advertising Agency

View case study

They developed solutions that brought value to our business.

Web app for dropshippers

The Client wanted to create a web app for people who sell products online (dropshippers) to show them the most popular products and calculate the potential profits. DATAFOREST designed and built the web app from scratch, creating high-load scraping algorithms to extract data from different eCommerce marketplaces, developing AI algorithms to calculate profits, and integrating the payment system with various functionalities.

100k+

hourly users

1,5 mln+

Shopify stores

Josef G.

CEO, Founder Software Development Agency

View case study

If we experience any problems, they come back to us with good recommendations on how the project can be improved.

DevOps Experience

The ML startup faced high costs during its growth for a data-driven platform infrastructure that processes around 30 TB per month and stores raw data for 12 months on AWS. We reduced the monthly cost from $75,000 to $22,000 and achieved 30% performance over SLA.

2k+

QPS performance

70%

cost reduction