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Financial Services and Banking

Astera's data integration solutions for Financial Services enable companies to leverage data by integrating data from internal systems and data from business partners, especially, when data coming from the partners is seemingly disparate and uses different codes, data sets, and formats. Centerprise can be used to validate, convert, and standardize the import and export of large data sets in a client-defined format.

Centerprise Data Integrator has successfully facilitated companies in the financial services sector to quickly setup business partners' data in the internal system, check for and correct data errors and omissions, and convert the data into a standard format for downstream critical processes including pricing, data management, reporting, compliance, etc.

While dealing with the unknowns of the partners' data and known's of your internal systems, It all comes down to an integrated and flexible solution. Astera can help you integrate your partners' data with the internal data-boarding systems and beyond.

Minimize the turn-around time

With its business centric focus, Centerprise enables business users to handle their data with minimal support from the technical folks. Once setup for a specific partner, the settings can be reused or modified easily for a slight variation in the incoming data. Since business users know their data the best, the processing of the data is greatly benefitted.

Data compliance

Centerprise offers the features of data validation - at both source and destination - using a simple Excel like rule based language. Business users can convert their compliance needs into the validation rules. These rules get evaluated when the engine runs and creates a report for the data records not complying with the standards.

Flexibility for the changing data

One of the biggest problems, in dealing with the third party data, is to cope with the ever changing data formats and layouts. Centerprise offers numerous features to handle these little unknowns in the data - be it in the layout of the data or inside the data. Even for known changes in the layout of the data, business users can make changes in the existing setting quickly and deploy the changed setting, while previewing the effects of the changes all this time.

Easy maintenance

All the artifacts in the Centerprise are stored as XML files. This has numerous benefits in terms of maintenance and ease of handling. Transfer settings can be stored on a shared location on the local area network and shared by the team members.

Customers

"With Astera, we were able to roll out our systems three months earlier than we had initially projected" --Bill J., Project Manager for a major financial institution.  Read more about how Astera was able to help this customer.