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A banking client’s process for extracting data from its automated production environment required teams to code SQL statements in either Java, Scala or Python. This was time-consuming, and the bank required an easier method to access data. While the bank’s architecture did not allow for Fraxses to be deployed in the production environment itself, as would be the case with a standard implementation, it was possible to leverage the power of Fraxses in a different way: by extracting Data Objects as SQL statements and running these against Databricks. This solution required no coding and presented the bank with the solution it was looking for.
The same method can be applied to generate SQL statements for other platforms that utilise Spark, and Fraxses’ capability to generate statements in the relevant SQL syntax can be easily extended for other engines.
To find out more, watch our video.
Intenda Financial Services (IFS) was established in 2013 and is a subsidiary of the Intenda Group of companies. IFS operates in South Africa as a focused insurance solution provider, offering systems, consulting and actuarial insights, as well as BI services to life and non-life insurers.
The IFS product suite includes Fraxses, which is utilised for building new bespoke solutions, modernising existing data warehouses, dashboard reporting, and streamlining of integrations. Nebula, the company’s premier web-based policy administration system, serves the non-life insurance industry. Nebula enables UMA’s, Insurers, Administrators and Brokers to view and verify data throughout any process. In an industry first, Nebula creates transactions in real-time, resulting in a streamlined immediate collection of premiums due. Configurable front-ends and processes allow for Nebula to be aligned to fit an organisation’s operating landscape.
IFS is at the forefront of bringing the South African Insurance industry into the 21st century. To find out more about the solutions and services offered, visit the IFS website:
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