Case study

Data Lake Platform: Data Management Platform Software

We’re helping the first fully digital bank in Germany collect a huge volume of multichannel data

Key features

  • Collect data from multiple sources

    Collect data from multiple sources

  • Provide daily data updates

    Provide daily data updates

  • Process and deliver essential data sets for ERP

    Process and deliver essential data sets for ERP

Industry: FinTech, Digital Banking
Headquarters: Munich
Market: Germany
Team size: 7 engineers
Cooperation: June 2017 – present

Edge / HTML5 / JavaScript / MS SQL / MySQL / Oracle / Python / Ruby on Rails / Spark

About the client

Our FinTech client that introduced the first digital-only banking services and data governance financial services system to the German market. Their solutions span Banking as a Service, Payments as a Service, and Platform as a Service. Setting the FinTech standard for next-generation banking, our client has developed a transparent, community-focused API and a unique data collection and data lake platform (data lake software).

Along with traditional online banking services, our client provides many innovative features including crowdfunding, social lending, multi-currency eWallets, cryptocurrency trading (Bitcoin, Litecoin, Ethereum, Dash, and other altcoins), direct money transfers to Facebook friends and phone contacts, and contactless smartphone payments. Investors are even able to store virtual currency as securely as precious metals and cash.

Data Lake Platform: Data Management Platform Software

Our client came with the challenge

As the first provider of digital banking services in Germany, our client has a rapidly growing customer base. They’ve developed a large online community of users who receive financial rewards for evaluating new financial products and services. Today, this community has over half a million registered participants who use our client’s payment services – and every fifth is a full-service client of the digital banking platform.

Thanks to easy integration with Facebook, Twitter, eBay, Xing, and other business and social network accounts, demand for our client’s services is growing exponentially. The bank provides round-the-clock support through online chats and forums without owning any physical offices.

To meet increased demand for custom solutions from the end-client businesses and meet growing platform engineering needs, our client needed to strengthen technological capabilities. They contacted Intellias, a reliable IT services company with experience in developing data lake management platform solutions, to work on a market data management system.

Intellias developed the solution

An essential part of our collaboration is dedicated to development of the Data Lake Platform that allows end customers to effectively aggregate and store large volumes of data from many sources, then rapidly process it for future customization of services. The Intellias team consists of seven specialists (developers, architects, a product owner, and a project manager) who are creating data governance system.

The backend of this data lake software is mostly realized with Spark technology, and it includes a Web API that lets users access platform functionality. The Data Lake Platform collects extensive data from various services and microservices, including Oracle, SQL, web files, and local file copies. This solution allows users to collect, process, and spin out data for further data management by end customers.

Our client is now preparing to rapidly scale this solution, which has very strict system requirements. With a growing volume of data that needs to be processed, the solution may require other tools to operate safely. Further cooperation will entail a lot of work for DevOps and network engineers to provide a scalable infrastructure.

We’re achieving great results together

Right now, our cooperation is in the active engineering phase of the creation of the data governance platform and data collection platform. With an established knowledge transition process, Intellias successfully overtook all project-related information from both our client’s in-house development team and our client’s end customer. This collected knowledge is a prerequisite for developing a successful user-centric Data Lake Platform. Our Intellias team has delivered best-in-class talent to meet our client’s engineering needs, diversify their product portfolio, and empower third-party platforms with valuable features.

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Awards and recognition

iso-27001 (1)
iso-2001-2015 (1)

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