Industry: Non-Bank Financial Industry / FSI / Stock Market
Solution: Paques Data Enterprise
Technical Use Case: Data Ingestion, Data Integration, Data Transformation, Data Visualization
Since 2015, Indonesia’s leading stock market organization, PT Bursa Efek Indonesia (BEI), has used its own data warehouse to accommodate various data. Further, BEI leverages business intelligence technologies to carry out stock transaction activities as part of its services. However, the mounting system requirements force management to gain comprehensive information internally and externally.
Paques Data Enterprise has addressed this problem by developing a Decision Support System (DSS) capable of comprehensively presenting factual data and information. Moreover, it contains related operational and external stock exchange activities that assist in quicker analyses, decision-making, and future strategic development per OJK’s regulatory compliance.
Multi-Source Data and Information Presentation
The main challenge in data processing is the unstable information conditions at Indonesia Stock Exchange, where information is highly dynamic and constantly fluctuates because processed data is obtained from various sources. Under these erratic conditions, visual displays of data also prove to be challenging. In the face of these tribulations, Paques’s Decision Support System (DSS) is capable of presenting data and information from multiple sources, including data warehouse and business intelligence applications, with the following benefits:
Flexibility and Easy to Use in Data Processing
PT BEI’s use of Paques’ DSS to support the stock exchange’s primary role and function has been carried out intensively based on the varying information needs in BEI’s environment. Paques further provides convenience and flexibility in the production of application menus and dashboards.
Continuous Improvement Journey
The ongoing development to further improve the utilization and management of Big Data is progressing smoothly, and the project’s impressive results and positive appreciation have unlocked the next steps for continuous development.
