Data Analysis & Insights for Financial Industry

Business challenges

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Time-consuming: Collecting and analyzing stock data from multiple sites can be a time-consuming task, hindering businesses from focusing on other critical areas.

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Lack of consistency: Data from different sources can be inconsistent, making it challenging to compare and draw meaningful conclusions.

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Human error: Manually collecting data increases the risk of human error, which can impact the quality and reliability of the information.

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Inability to handle large amounts of data: Collecting and analyzing large amounts of data manually can be overwhelming, leading to missed opportunities and inaccurate decision making.

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Lack of real-time data: Manually collecting data from multiple sources can result in a lag in receiving real-time information, affecting the ability to make timely decisions.

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Dependence on manual labor: Relying on manual labor for data collection increases the risk of data loss and process disruptions.

Solution Approach

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We helped a finance company in gaining data-driven insights from 20 years of aggregated data from multiple sites, enhancing their decision making.

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Scraped stock data from multiple sites and performed complex custom financial ETL calculations.

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Merged missing data points from multiple sites and verified using a third-party website.

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The extracted data is provided to the client in the form of an Excel template that contains 20 years of stock data.

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Created an end-to-end solution with bot input (stock name) for crawling, ETL processing, and delivery in the customer's preferred Excel template.

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Developed a framework for handling different platforms and deployed it on Airflow for automated weekly runs.

Business Impact

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Better trend analysis: By aggregating data over a 20-year period, data engineering models can provide a broader view of stock trends and help identify long-term trends.

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Increased competitiveness: Using a data engineering model can give stock analysts a competitive advantage by providing more accurate and actionable insights.

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Increased Efficiency: Automating the data scraping process reduces manual effort and saves time, allowing stock analysts to focus on their core responsibilities.

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Competitive Advantage: With a more comprehensive view of the stock market, companies with a data engineering model can gain a competitive advantage over their peers.

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Better Decision Making: By having access to a large volume of accurate data, stock analysts can make more informed decisions and reduce the risk of making poor investment choices.

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Better Risk Management: By being able to identify trends and patterns in stock data, the data engineering model can help finance companies manage risk more effectively.

Technology Stack

Trusted and Proven Engagement Model

  • A nondisclosure agreement (NDA) is signed to not disclose any sensitive information revealed over the course of doing business together.
  • Our NDA-driven process is established to keep clients’ data and IP safe and secure.
  • The solution discovery phase is all about knowing your target audience, writing down requirements, and creating a full scope for the project.
  • This helps clarify the goals, and limitations, and deliver quality products & services.
  • Our engagement model defines the project size, project development plan, duration, concept, POC etc.
  • Based on these scenarios, clients may agree to a particular engagement model (Fixed Bid, T&M, Dedicated Team).
  • The SOW document shall list details on project requirements, project management tools, tech stacks, deliverables, milestones, timelines, team size, hourly/monthly rate cards, billable hours and invoice details.
  • On signing the SOW, an official project kick-off meeting shall be initiated.
  • Our implementation approach, ecosystem, tools, solutions modelling, sprint plan, etc. shall be discussed during this meeting.

Our Award-Winning Team

A seasoned AI & ML team of young, dynamic and curious minds recognized with global awards for making significant impact on making human lives better

Awarded Bronze Trophy at CII National competition on Digitization, Robotics & Automation (DRA) – Industry 4.0

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50+

AI & ML
Engineers

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40+

AI & ML
Projects for
reputed Clients

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5 yrs

in AI & ML
Engineering

Awarded as Winner among 1000 contestants at TechSHack Hackathon

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