Information Builders
Case Studies
First Rate Generates Billions of Nightly Returns With Information Builders’ Technology
Overview
First Rate Generates Billions of Nightly Returns With Information Builders’ TechnologyInformation Builders |
Analytics & Modeling - Real Time Analytics Application Infrastructure & Middleware - Data Exchange & Integration | |
Finance & Insurance | |
Business Operation | |
Real-Time Location System (RTLS) | |
Cloud Planning, Design & Implementation Services Data Science Services | |
Operational Impact
Increased efficiency and flexibility in reporting rates of return, enabling First Rate to capture the portfolio analysis and performance measurement business of more than 350 institutions and more than 4,000 investment advisors worldwide. | |
First Rate takes in about one terabyte of data every evening and processes more than 2.5 million portfolios per hour throughout the night. | |
First Rate has established an architecture that meets the escalating load, with a reporting volume of more than two million statements generated per month, and ambitious plans for ongoing growth. | |
Quantitative Benefit
Processes more than 2.5 million portfolios per hour throughout the night. | |
Generates more than one billion account-return records in about six hours, which works out to more than 40,000 returns computations per second. | |
Captured the portfolio analysis and performance measurement business of more than 350 institutions worldwide, including five of the ten largest domestic trust firms and many of the largest financial institutions in the U.S. | |