Alteryx Case Studies Ares Management Leverages Alteryx to Operationalize Business Processes

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	Ares Management Leverages Alteryx to Operationalize Business Processes Alteryx

Ares Management Leverages Alteryx to Operationalize Business Processes

Alteryx

Technology Category	Analytics & Modeling - Data Mining
Applicable Industries	Finance & Insurance
Applicable Functions	Business Operation
Use Cases	Process Control & Optimization
Services	Data Science Services
Challenge	Ares Management, a leading global alternative investment manager, was facing challenges in automating their processes and breaking down silos between their teams. They were also struggling with providing better access to insights. One of their teams was spending two months to complete a process once a year, which was highly inefficient and time-consuming. Read More
About Customer	Ares Management is a leading global alternative investment manager operating three integrated businesses across Credit, Private Equity, and Real Estate. Ares Management's investment groups collaborate to deliver innovative investment solutions and consistent, attractive investment returns. The company is based in North America and operates in the financial services industry. They were looking for a solution to automate their processes, break down silos between their teams, and provide better access to insights. Read More
Solution	Ares Management decided to leverage Alteryx, a data analytics platform, to speed up and operationalize their processes. Alteryx was seen as the proper technology facilitator that could help them achieve their goals. The platform was used to automate their processes, which significantly reduced the time taken to complete tasks. The use of Alteryx also helped in breaking down the silos between their teams, enabling better collaboration and efficiency. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Data Mining

Applicable Industries

Finance & Insurance

Applicable Functions

Business Operation

Use Cases

Process Control & Optimization

Services

Data Science Services

Challenge

Ares Management, a leading global alternative investment manager, was facing challenges in automating their processes and breaking down silos between their teams. They were also struggling with providing better access to insights. One of their teams was spending two months to complete a process once a year, which was highly inefficient and time-consuming.

About Customer

Ares Management is a leading global alternative investment manager operating three integrated businesses across Credit, Private Equity, and Real Estate. Ares Management's investment groups collaborate to deliver innovative investment solutions and consistent, attractive investment returns. The company is based in North America and operates in the financial services industry. They were looking for a solution to automate their processes, break down silos between their teams, and provide better access to insights.

Solution

Ares Management decided to leverage Alteryx, a data analytics platform, to speed up and operationalize their processes. Alteryx was seen as the proper technology facilitator that could help them achieve their goals. The platform was used to automate their processes, which significantly reduced the time taken to complete tasks. The use of Alteryx also helped in breaking down the silos between their teams, enabling better collaboration and efficiency.

Impact #1	The implementation of Alteryx led to significant time savings for Ares Management. One of their teams was able to reduce a process that was taking two months to complete once a year down to just 2 to 3 minutes. This freed up over 150 hours of time for the credit team through one workflow.
Impact #2	The use of Alteryx also helped in breaking down the silos between their teams, enabling better collaboration and efficiency.

Impact #1

The implementation of Alteryx led to significant time savings for Ares Management. One of their teams was able to reduce a process that was taking two months to complete once a year down to just 2 to 3 minutes. This freed up over 150 hours of time for the credit team through one workflow.

Impact #2

The use of Alteryx also helped in breaking down the silos between their teams, enabling better collaboration and efficiency.

Benefit #1	Reduced a process that was taking 2 months to complete once a year down to 2 to 3 minutes.
Benefit #2	Over 150 hours of time freed up for credit team through one workflow.

Benefit #1

Reduced a process that was taking 2 months to complete once a year down to 2 to 3 minutes.

Benefit #2

Over 150 hours of time freed up for credit team through one workflow.

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Overview

Ares Management Leverages Alteryx to Operationalize Business Processes

Operational Impact

Quantitative Benefit