Onboarding 90% faster, at half the unit cost — for a decade.
A global custodian standardized data from 125 sources across 17 currencies onto OpenFinance, automated its client reporting, and never looked back.
The highest-complexity data in the business — standardized to one schema.
The client is a global bank serving the largest institutional investors, including pension plans for the top-150 multinational organizations. Its custody data arrived daily and monthly from 125 banks and data providers, in 17 currencies, across multiple benchmark sources and security classifications — the highest-complexity data with steep, unforgiving integration requirements.
OpenFinance implemented its feeds infrastructure with custom outputs flowing both into the bank's own proprietary systems and out to its customers' — harmonizing across complex systems on one or both sides, standardizing every source to one comprehensive common schema, and eliminating manual gathering and scrubbing. The unified record supports the bank's downstream compliance and risk products.
The challenge
- Deliver daily valuations and performance to end customers.
- Acquire and standardize data from diverse, competing sources.
- Normalize everything to one comprehensive common schema.
- Eliminate manual data gathering and scrubbing entirely.
The approach
- Standard OpenFinance feeds infrastructure across 125 sources and 17 currencies.
- Custom outputs mapped into the bank's proprietary downstream systems.
- Automated acquisition and reconciliation to remove manual handling.
- A schema built to absorb new sources without re-plumbing the pipeline.
Automated reporting, cheaper every year.
The platform let the bank launch an automated web reporting system across its entire customer base — and kept paying off, with follow-on projects expanding it into more services over more than a decade.
125 sources, one intake
Daily and monthly custody feeds from 125 banks and data providers, across 17 currencies.
One common schema
Diverse, competing sources standardized and reconciled to a single comprehensive model.
No more scrubbing
Manual gathering and scrubbing eliminated, cutting onboarding time and unit cost.
To the bank and its clients
Custom outputs feeding both the bank's own systems and its customers' — powering downstream compliance and risk products.
Standardize once. Save for a decade.
Client anonymized. Drawn from a Digital Financial engagement, now delivered as ALPHA | OpenFinance; efficiency figures as reported by the client.