data warehouse

Conclusion

If your business is considering building a financial data repository from scratch, it is essential to understand the risks. As we have seen, multiple factors throughout the development process can interact in ways that magnify the cost and risk of developing a data warehouse.

…your project could join the 93 percent that fail to deliver on the original objectives.

Without careful attention to these factors, your project could join the 93 percent that fail to deliver on the original objectives.

Graz believes that financial services firms should focus on their core competencies, leaving the creation of commodity infrastructure—such as data warehouses—to specialist software firms. In short, a product is always better than a project.

The Graz Hinc platform is a standardized data warehouse that is capable of consolidating and structuring complex portfolio data from any source and presenting it for analysis. Built on a robust and extensible financial services-specific data model, the Graz solution is used by more than 120 banks, nine insurance companies and Scandinavia’s largest fund management company.

Download the complete whitepaper.

Whitepaper
Five things you must know before you build a financial data warehouse

Exploring the risks and opportunities of a do-it-yourself approach.