The Challenge
Founded in 2017, a55 is a fintech that provides significant financial support to new economy companies. It offers solutions for companies in the service industry, such as ERP’s, CRM’s, and Marketplaces, which have clients with predictable revenues.
However, they faced challenges with their data architecture that hindered efficient credit analysis, customer understanding, and portfolio recovery. The need for a robust and scalable infrastructure to support their data-driven credit offerings was critical for maintaining their competitive edge.
The Solution: Data Architecture Modernization
a55 partnered with e-Core to modernize their data architecture. The project involved a comprehensive review and enhancement of their cloud infrastructure according to the Well-Architected Framework and Data Lake Best Practices. Additionally, e-Core implemented Infrastructure as Code (IaC) to streamline deployment and management processes for all data platforms. These improvements enabled a55 to leverage data intelligence for more accurate credit offerings, enhancing their unique value proposition and fostering a data-driven culture.
The Results
The collaboration with e-Core led to significant improvements for a55:
- 40% Increase in Capital Generation: Enhanced data architecture allowed for more efficient credit analysis and better capital allocation.
- 15% Improvement in Portfolio Recovery: Improved understanding of customer data contributed to more effective recovery strategies.
- 70% Reduction in AWS Costs: Optimized cloud infrastructure led to substantial cost savings.
- Launch of a New DeFi Product: The modernized infrastructure supported the development and introduction of a new decentralized finance (DeFi) product.
The successful modernization of a55’s data architecture empowered the fintech to offer more precise credit lines based on data intelligence, solidifying its position as a key player in the financial services industry.
