Oppenheimer Funds

Business Need

  • The company encountered exponential data growth and a wide variety of disparate data sources.
  • The sheer volume of data resulted in a lack of accuracy and integrity in reporting.
  • The IT team was not able to provide timely and accurate data to asset management customers.

Solution

  • Oppenheimer leveraged the Denodo Platform, which uses data virtualization to integrate the RESTful linked data, and the company was able to rapidly provision the virtual data sources.
  • With data virtualization in place, it is easier for the company to transform and combine disparate data sources.
  • With a manifold reduction in physical data movement and data copying, the company significantly reduced data storage cost.

Benefits

  • Data virtualization resulted in transparent access to data for internal users.
  • The RESTful architecture of the Denodo Platform saved thousands of programming hours in portal deployment.
  • A potential multi-year data integration project was done in less than a year.

Overview

Oppenheimer Funds

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