Big Data & Analytics Modernization
Objective: Enhance customer data quality and unlock deeper insights across a major Latin American banking institution with over 3,500 branches and 18 million clients. The goal was to support an improved omnichannel experience while boosting cross-sell and up-sell effectiveness through a modern data infrastructure.
Key Goals:
- Consolidate fragmented customer data across 10+ banking products.
- Eliminate data redundancies and improve data quality.
- Establish a scalable analytics governance model.
- Enable next-best product recommendations and actionable insights.
- Support regional expansion with a future-ready data platform.
Challenges:
- Data Silos: Customer data was dispersed across more than 20 systems, limiting visibility and trust.
- Quality Issues: Redundant, outdated, and incomplete data impeded campaign effectiveness.
- Scalability Constraints: Existing infrastructure couldn’t support advanced analytics at scale.
- Limited Insight Generation: Lack of automated models slowed the development of targeted offers.
- Governance Gaps: There was no centralized framework to manage data ownership, quality, or usage.
Solutions:
- Data Lake Implementation: Deployed a centralized Big Data architecture that aggregates and cleanses data from 20+ sources.
- Automated Data Cleansing: Applied rule-based deduplication and validation to ensure consistency and reliability.
- Insight Generation Models: Designed and deployed two machine learning-driven business insights and a next-best product recommendation engine.
- Analytics Governance Framework: Established enterprise-level standards and roles to manage data across teams and countries.
Technology Used:
Big Data Lake Architecture, Data Integration Pipelines, Machine Learning Models, Data Quality Engines, Analytics Governance Framework, Cloud Storage & Compute Platforms
Results:
- Consolidated 20+ legacy systems into a single customer intelligence hub.
- Enabled omnichannel strategies powered by accurate, real-time customer data.
- Improved customer segmentation and targeting capabilities.
- Launched cross-sell and up-sell campaigns based on predictive insights.
- Scalable platform ready to support new product lines and additional geographies.
Conclusion: This Big Data and Analytics modernization effort transformed the bank’s approach to customer intelligence. By establishing a unified, governed, and insights-ready data platform, the client is now positioned to scale predictive analytics across products and regions—enhancing customer engagement and business growth.