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How a Leading Capital Market
Investor Automated 2000+ Hours
of Manual Reporting

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Results in Terms of Numbers:

The Beinex Model Enabled for the Client 

35+  
Dashboards created 
  • Automated report generation, saving 3,300+ person-hours per year and reducing operational costs by 5%. 
  • Acquired more insights on customer behaviour and a 360-degree view of department performance metrics. 
90%
Improved reconciliation accuracy through automation 
  • Reduced manual effort required for reconciliation by 80%. 
  • Decreased the time taken for reconciliation from 2 days to minutes. 
Dashboards
Automated 
  • Achieved enhanced regulatory compliance by ensuring accurate and consistent reporting. 
  • Provided simulation interfaces, decision-making insights, and visibility into customer buying patterns. 
Security Breach Workflow
Automated from detection to follow-up
  • Flagged off 30+ breaches on a daily basis. 
  • Decreased the time taken for follow-up actions from detection to resolution by 70%. 
  • Achieved a 90% reduction in unresolved security breaches over a defined period. 
Analytics & Reporting Framework 
Established
  • Reduced time required to generate reports by 60%.
  • Increased the accuracy of reports by 97% due to improved data integrity and consistency. 
20+
Core data issues identified 
  • Enhanced data integrity by avoiding potential errors, with better data quality resulting in a 5% increase in ROI on investments. 
Client & Requirement:

Delivering Beinex Excellence to Our Clients

The client is one of the top and leading capital market investor firms in KSA, offering corporate investment banking, equity investment banking, asset management and trading services. They required a data hub and data warehouse for centralised storage and access to create intuitive dashboards, a seamless data migration system, and automation of reconciliation and detection of security breaches.  
Highlights of the Beinex Solution
100% onboarding of all source systems to DataHub, with built-in data marts and master tables for easy data consumption.  
Automating the detection and flagging of reconciliation issues and security breaches if they exceed the threshold. 
Developed 35+ dashboards, automating the generation of detailed reports.  
Create dashboard templates connected to DataHub that can be used to create ad-hoc drag-and-drop analysis.
Establishing a solid framework within the analytics and intelligence team to comprehensively address all analytics and reporting requirements.   
Before and After Beinex:

Transforming Challenges into Success Stories

Before Beinex
>
After Beinex
Manually handled sending customer statements. (funds, subscriptions, redemption, etc.) 
Customer Statement 
Automated customer statements, creating UI/UX- enhanced, insights-driven and analytics-oriented statements.
Generated reports in Excel files manually from disparate data systems. 
Reporting  
Powered automation of reports, saving 3,300+ person-hours per year and reducing operational costs by 5%.
Manually ran portfolios, downloaded the reconciled report, and pushed it to the open database. 
Reconciliation Workflow 
Automated daily and ad-hoc running of portfolios, lowering reconciliation time from 2 days to minutes. 
Downloaded data from diverse sources and manually identified breaches. 
Security Breach Workflow 
End-to-end automation from breach identification to final reporting, flagging 30+ breaches daily. 
Took about 5 days for what-if analysis, decisions and simulations. 
Operational Insights 
Automated dashboards for visibility into customer behaviour, buying patterns, etc. 
Business teams relied heavily on manual processes, primarily Excel, for report generation. 
Visualisation Capabilities 
Implemented dashboards powered by data from DataHub, resulting in 0.5M+ in savings. 
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From Challenges to Solutions:

Resolving Complex Issues with Precision

Data inaccuracies causing delays due to manual reconciliations 

  • Created automated ETL workflows. 
  • Reconciliated the data from systems in an automated manner. 

Manually downloading data and identifying breaches  

  • Automated the detection and flagging of reconciliation issues and security breaches. 
  • Implemented automated workflows, from identifying breaches to reporting. 

Manual effort to compile, analyse, and present data 

  • Implemented customised dashboards for dynamic data visualisation and automated reporting. 

Addressing unstructured processes and reporting misalignment 

  • Established a comprehensive framework within the team to address all analytics and reporting requirements. 

Disparate data source systems

  • Migrated data from individual source systems into a centralised data warehouse with minimal downtime.
Powering Success:

The Crucial Role of Technology

End-to-end Automation of Security Breach and Reconciliation Workflows using Alteryx 
Redefined the security and reconciliation workflows by leveraging the power of Alteryx for end-to-end automation. Beinex automated the daily and ad-hoc running of portfolios, ensuring that any breaches are promptly flagged and seamlessly pushed to the database. This powerful system enables comprehensive automation of breach identification, validation, follow-up, and final reporting.  
Client Spotlight

What Our Clients Say

“Beinex has revolutionised our analytics and data capabilities, transforming our legacy systems into a visually aided, self-service analytics ecosystem enabling us with unprecedented data monetisation capabilities.

We now enjoy enhanced merchant retention, reduced customer acquisition costs, and greater insights into our profitability and transaction patterns. Their solutions have significantly boosted our data monetisation and operational efficiency.”

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