The client – a major financial services provider to the banking and financial services industry – needed a near real-time and reliable stock and weather data solution. Honeytree delivered with a custom application that parsed multiple data sources for maximum reliability.
Hours delivered back to the business
SOX compliance in Settlement process automation
Success rate of bot case completion
For functional release of OBT, RTS and OGS
The Challenge
The financial services provider faced the challenge of ensuring timely access to accurate stock and weather data for display on their client sites and applications.
Access to clean, normalized and reliable data was imperative, despite relying on multiple data sources and vendors and multiple disparate data formats.
What did Honeytree do
Honeytree developed a robust data integration platform capable of aggregating and processing data from diverse sources.
This platform utilized numerous APIs to connect with leading financial market databases and weather forecasting services, ensuring access to real-time stock prices, market news, and meteorological data.
By integrating data streams into a single platform, Honeytree facilitated seamless data analysis and accessibility.
The Results
- Data reliability and sourcing were solved for the client
- Client successfully created an entire product and service ecosystem around the solution
- Data was successfully scrubbed and normalized, making parsing and display significantly more reliable
