Foresight Analytics: Scaling Investment Consulting with DataOps and AI

60%

reduction in manual data processing efforts

3

Data Sources Automated

2 weeks

to ideate-design-build cycle

About the company

Foresight Analytics is a leading provider of data-driven investment consulting and analytical solutions to institutional investors, fund buyers and sellers. It is a Sydney-based boutique firm providing quantitative solutions to investors across Australia, Asia, North America, and Europe. It’s analytical framework is anchored in behavioural and data science. Foresight combines its industry expertise with leading unique datasets to deliver unparalleled insights, decision tools and advice. They are a team of experienced ex-portfolio managers, data scientists, actuarial professionals and engineers. 

CaseStudy04
The Challenge

Foresight Analytics, a boutique investment consulting firm, faced limitations in scaling their business. Manual data processing and reliance on specific skillsets hindered growth. They sought a solution to automate processes and build a scalable product.

Solution

dataengine partnered with Foresight to understand their challenges and develop a multi-phase plan. This plan focused on:

 

  • Data Automation: Automating data extraction and processing from internal and external sources.
  • Cloud-first Strategy: Implementing a scalable data platform on Microsoft Azure, including a data warehouse, data lake, and data aggregation tools.
  • Product Development: Providing a roadmap for building a data-driven product to replace bespoke services.
Outcome
  • 60% Automation: Achieved a 60% reduction in manual data processing efforts.
  • 3 Data Sources Automated: Automated data collection from 3 key sources.
  • 2-Week Development Cycles: Reduced the ideate-design-build cycle to just 2 weeks.
  • Scalable Platform: Established a foundation for future growth with a secure and scalable data platform.
  • Product Roadmap: Created a roadmap to guide the development of a data-driven product.
Quote

“I have a better idea of what’s possible and would like to expand in the coming months,” Jay Kumar, CEO of Foresight Analytics.