Data Lake empowers key steps in Customer Journey
Banking Frontiers|January 2023
Bragadeesh Sundararajan, Chief Data Science Officer, Dvara KGFS shares the data lake journey of his organization:
Data Lake empowers key steps in Customer Journey

Ravi Lalwani: What is the data lake journey of Dvara KGFS and what were the key milestones?

Bragadeesh Sundararajan: A data lake journey is a process of storing, transforming, and analyzing large amounts of data in a central repository known as a data lake. Our journey involved the following steps:

Data Ingestion: This is the process of collecting and storing data from various transactional databases. Data is ingested in real-time or batch mode, depending on the requirements of the organization.

Data Storage: Once the data has been ingested, it needs to be stored in a central repository. A data lake is a type of repository that can store structured and unstructured data in its raw form, allowing it to be accessed and analyzed later. We are using MySQL as the central data repository for all data ingestions.

Data Transformation: After the data has been stored in the data lake, it typically needs to be transformed and cleaned before it can be analyzed. This may involve processes such as filtering, aggregating, and joining data from different sources. Python scripts are used to transform the data and store it in cleaned data.

Data Analysis: Once the data has been transformed, it can be analyzed using a variety of tools and techniques, such as SQL queries, machine learning algorithms, or visualization tools. The results of this analysis can be used to gain insights, make decisions, and drive business value. Python scripts are used for ML, AI, and data analytics.

Denne historien er fra January 2023-utgaven av Banking Frontiers.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra January 2023-utgaven av Banking Frontiers.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BANKING FRONTIERSSe alt
Finance gears up for festivities
Banking Frontiers

Finance gears up for festivities

BFSI companies are charging their online and omnichannel strategies with personalized festive deals this season:

time-read
4 mins  |
October 2024
Non-cash transactions can touch a phenomenal level by 2028
Banking Frontiers

Non-cash transactions can touch a phenomenal level by 2028

Capgemini Research Institute’s World Payments Report 2025 highlights the era of account-to-account an instant payments:

time-read
3 mins  |
October 2024
The Confluence of Artificial Intelligence and Cybersecurity: AI as the Game Changer
Banking Frontiers

The Confluence of Artificial Intelligence and Cybersecurity: AI as the Game Changer

In an increasingly interconnected world, safeguarding our digital assets has become paramount. Enter the dynamic duo: Cyber security and Artificial Intelligence (AI).

time-read
3 mins  |
October 2024
A new trinity in digital lending space
Banking Frontiers

A new trinity in digital lending space

Three platforms in the lending space are poised to change the way lenders offer credit and borrowers access funds in India:

time-read
4 mins  |
October 2024
Finance gears up for festivities
Banking Frontiers

Finance gears up for festivities

BFSI companies are charging their online and omnichannel strategies with personalized festive deals this season:

time-read
4 mins  |
October 2024
Small MFI, International Engagements
Banking Frontiers

Small MFI, International Engagements

Mitrata Inclusive Financial Services in the midst of transformation growth

time-read
3 mins  |
October 2024
MFIs: Big Impact Big Changes,
Banking Frontiers

MFIs: Big Impact Big Changes,

Even as MFIs are fueling economic growth for the underprivileged, what is interesting is that they are transforming themselves in areas like HR, technology, funding, leadership, collections, and more. Banking Frontiers presents the initiatives and initiatives at 9 such organizations:

time-read
3 mins  |
October 2024
Climate Risk Forum for CROS
Banking Frontiers

Climate Risk Forum for CROS

Excerpts from a discussion on shaping the future of climate change resilience in India:

time-read
3 mins  |
October 2024
Seamless Supply Chain Finance
Banking Frontiers

Seamless Supply Chain Finance

Deep insights emerge from this fireside chat at NBFC's Tomorrow Conclave.

time-read
6 mins  |
October 2024
Star Health sees strong demand from the IT sector
Banking Frontiers

Star Health sees strong demand from the IT sector

Biju Menon, Chief Business Officer at Star Health Insurance, looks at the evolution of employee health insurance from multiple perspectives:

time-read
4 mins  |
October 2024