Data Platform Modernization: How an Investment Firm Gained 99.9% Uptime & $1M in Savings

Challenge

A leading Global Investment Management firm sought to modernize its data platform after a recent migration to a modern data stack (MDS). New leadership recognized gaps in performance, reliability, and cost efficiency, prompting a search for a trusted data partner. The firm’s data platform struggled with data governance, limited data observability, and performance bottlenecks, curbing its ability to support decision-making at scale.

The organization required more specific knowledge on the modern data stack to meet its evolving needs. The firm sought a data engineering services provider capable of delivering at scale while maintaining flexibility to adapt to fluctuating demands inherent to hedge fund operations.

Solution

Indicium entered the engagement as a specialized data engineering services partner to address immediate concerns with data platform reliability, data quality, and cost efficiency. A strategic approach enabled Databricks optimization, helping the firm fully leverage the data platform it had recently adopted but not yet utilized effectively.

Indicium’s comprehensive data engineering services enabled the firm to consolidate vendors and eliminate inefficiencies. The Data-Squads-as-a-Service delivery model provided flexibility, cost efficiency, and seamless collaboration, ensuring high-quality results.

The engagement began with a modern data platform approach to resolve performance bottlenecks and ensure seamless data reliability. The firm then expanded the scope to include a business intelligence migration project for dashboards and new data science initiatives. With Indicium’s expertise, the organization established a scalable and cost optimized data foundation that increased observability and elevated data governance practices.

Results

• Time to Market: 50-60% faster development of new data pipelines, improving data access for decision makers.
• Reliability: Achieved 99.9% uptime, ensuring consistent data availability for decision-making.
• Cost Efficiency: Reduced operational costs by 20-35% through optimized cloud resource utilization. Achieved annual cost savings of $1 million.
• Data Quality: Minimized inconsistencies, increasing confidence in analytics and reporting.
• Scalability: Enhanced infrastructure to support peak data demands without performance degradation.

Why Indicium

Indicium stands out with deep expertise across the data landscape, adaptable team structures, and the ability to scale without the constraints of a traditional systems integrator. The firm valued Indicium’s ability to serve as a strategic partner and ensure long-term success in data modernization efforts.

Indicium’s proprietary IndiMesh Framework introduced structured methodologies that improve data platform reliability, ensure seamless knowledge transfer, and maintain quality control. Indicium’s built-in training models, architecture templates, and automated validation processes strengthen this foundation, driving efficiency, accelerating project success, and reducing operational risks.

The firm gained a stronger, more reliable data foundation through measurable improvements and a tailored approach that evolved with its needs. A focus on quality control, structured training, and scalable data solutions ensured long-term value, strengthening and securing its data infrastructure for the future.

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