How Mobius aggregated financial data for this US based financial information provider.

Business Need

A company that provides innovative information solutions to global financial institutions,corporations, and professional services firms based in the US had a requirement to provide access to company or security based information from over 100 sources and gather legal entity data like Basic Information, Security Details, Mapping Details and Corporate related news.

Challenges

  • Different naming conventions across various vendors & domiciles was a reason why client approached Mobius
  • Technical issues like eliminating unwanted duplicates from the database was something they were not able to handle
  • Meeting the high quality targets on consistent basis required expertise
  • Latency issues

Process

  • Mappings for various sources
  • Basic entity details like address, alias names
  • Security layer for the entities
  • Create new entities in the database
  • Removing duplicate records
  • Processing corporate events in the client database

Results

  • Successfully processed over 2000 IPID changes and 3000 matching reports on a weekly basis
  • Devised automated solutions to support project allocation, production and QC
  • Customer was able to enhance their database tool based on the ideas shared by Mobius.

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