Complete Credit Solutions achieves tangible benefits by implementing cloud-based data foundation
Complete Credit Solutions is an Australian-owned and operated business, specialising in the acquisition and servicing of consumer and commercial debts.
Complete Credit Solutions felt its data infrastructure needed a serious upgrade. By deploying an innovative cloud analytics platform, the Australian-owned and operated enterprise removed roadblocks and minimised risks around data compliance and business reporting.
CCS partnered with Data-Driven, a Microsoft Gold Partner, to design and implement a Microsoft Azure cloud solution, which instantly proved to be far superior to the traditional, on-premises hardware storage the firm had been relying on.
Complete Credit Solution was unable to scale and expand its analytics reporting, and this was just the beginning.
Its on-premises production system had further performance constraints, and it was struggling to implement industry-required data policies. The organisation’s data modelling in Microsoft Power BI was also complex, which hindered self-service analytics. And its distributed data sources prevented a centralised approach to data governance.
Mustafa Mohabbat, Head of Information Technology at CCS, was determined to find a solution to these problems.
“Being part of the financial services industry, CCS is a highly regulated entity, with strict and severe consequences in place for breaches or unethical behaviour”, he says.
Without a sufficient service in place, CCS may have been unable to successfully manage its information security, or operational risks. CCS was also missing advanced data analytics which could provide valuable insights into customer behaviour and trends. These insights could provide an opportunity to drive future business growth.
CCS contracted Data-Driven to deploy the unified analytics platform.
Data-Driven is one of two Australian companies that have achieved Microsoft’s Advanced Specialisation in Analytics.
Data-Driven is implementing CCS’s deployment of Azure in three phases. They implemented the initial phase in August 2021, with the new system being available for production in November.
The business is already reaping the rewards of Azure’s capabilities, with a significant customer base spread over three office locations experiencing tangible benefits.
Furthermore, a phase-three project is planned to implement a slowly changing dimension workload on identified data sources to increase analytical insights and customer trends across multiple data sources.
CCS now has a Microsoft-first approach and is investing to expand its use of Azure services, including additional offerings such as Microsoft Office 365. Further projects surrounding cybersecurity and compliance are also in the pipeline.
On deploying Data-Driven’s Data Foundation in Azure, the company found it could significantly reduce business reporting turnaround times, with new reports being finished in days rather than weeks.
The solution has given CCS’s existing data science team more bandwidth for wider tasks. This includes integrating disparate business data sources into a central data lake to support more accurate decision-making.
With Azure Purview, CCS was able to create a holistic, up-to-date map of their data landscape with automated data discovery, sensitive data classification and end-to-end data lineage to assist in achieving it’s IT strategic objectives.