About the client:

With nearly 50,000 employees in over 500 offices in 50 countries, this Banking Institute is one of the largest in the world. It provides companies, institutional clients and private clients worldwide with advisory services, comprehensive private banking & wealth management, and investment banking services.
Challenges:
• As their work is spared over the globe, they are facing many issues of storing their data and maintenance of the same.
• They are unable to get the proper data at the time of decision making and solving quires.
• As they are having more data there are not able to keep that at one place so every time they have to visit different locations for collecting information.

Project Name: Global Management Practice. RainStor (Big Data).

About the Project:
• Banking Institute is accepting to have 75 petabytes data by 2016; by use of this project they can store their data in better ways.
• Bank will able to keep their data at a single central place.
• It is very simple to work on this project by bank professionals one can simply move the data or view the latest data without wasting their precious time.
• Availability of data is increased, data will now available for the required query at any time.
• Also the decision-making process is modified with this updated information. Now more value points are available for making the decision and better result is presented through the decision.
• No limitation on the size of data keeping online to view, with previous practice bank was able to keep just one-month data online to view, now they can get all information online without any limitation.
• Even multiple years of data will be available on demand.
• It helps to generate the various reports related to work such as table format reports graphical reports etc. Through this the work process is simple and now the employees are able to understand the report in a proper way as they are in qualified form then confusing in before practice.

Technical Details:
• Big Data
• MongoDB
• Java8
• Angular JS
• Spring MVC


Business Benefits:
• Bank is expected to save $5million dollars over a span of 4 years. Due to this Global Management Practice, the data for the fraction of seconds are available for the work process. As a result, it had benefitted the organization in much more value.
• Bank will be able to achieve 90% of ROI (Return On Investment) in next 4 years. In previous days, there was simply unavailability of data to solve quires and make decisions. Due to this modified process, they can have latest reports and other graphical information generated through the system which will help in having a valuable decision.
• 6 times reduction in processing time for compliance needs.
• 3 times faster query performance.
• Reduced the Bank’s storage footprint for historical trading data by 30 times, 97% hardware cost reduction.
• Optimizes the company’s capital investment as well as reduces power costs and spaces requirements across their global data centers.

About TechForce Infotech:
Businesses today demand more from their technology partners - they demand solutions that work and services that are of genuine value.
At Tech Force InfoTech, our core operating philosophy is to be the trusted technology partner that our customers and prospective customers are seeking today. We believe that every opportunity to achieve a better solution should be taken - Better can mean cost-effective, functional, effective, less risky, or more rapid.
• Business Intelligence
• Java & J2EE
• Big Data
• Android Development
• Alfresco
• Liferay
• Joomla
• Drupal
• Outsourcing
• Strategic Management
• Staffing
• Mobile Development