Client Overview
The Payment Innovation Platform providing solutions for payment cards, virtual cards, and mobile authorization products for the world's leading commerce innovators including leading financial services, e-commerce, retail, and social media brands.
Business Need
- Consolidate data into a single Data Lake based customer view
- Automation of customer on-boarding
Key Features
- Perform events based processing in Near-Real Time (NRT) for AML, KYC and OFAC
- Aggregated NRT dashboard for Anomalies visualization in near real time
- Bespoke NRT Replication built by Elevondata using Talend for delta loads
- Data Lake for all “Programs” (B2B Client data stores) for Data Sciences
- NRT delivery of analytics, and consolidated anomaly monitoring dashboards
- Ingest 4 MySQL instances from Rackspace into AWS Redshift
Benefits
- Speed to Value
- Pilot Go-live in 90 days
- Innovation
- Deliver compliance reports to funds issuing/processing Bank and the B2B Clients
- Reduced Total Cost of Ownership
- Zero additional resources to deploy & manage Elevondata Solution
- Annual subscription cost dramatically lower than any other solution client considered (low infrastructure + platform cost)
