Project Information
Country
Industry
Financial Services
Organization Size
1000+ Employees
Solution Area
Data
Products & Services
• Power BI
• Azure Synapse Analytics
About Company
Nuvama Wealth is a well-established name in India’s financial services industry, offering a wide range of solutions across investment banking, wealth management, insurance, housing finance, mutual funds, and retail stock broking. With operations spanning multiple asset classes and geographies, the company works with large volumes of financial and market data every day.
As the business grew, so did the complexity of managing and making sense of this data. Nuvama Wealth needed a better way to bring everything together and turn data into clear, actionable insights.
Challenge
Nuvama Wealth was dealing with several data-related issues that were slowing down teams and decision-making.
Financial data was spread across multiple systems. Because of this, finance teams didn’t always have a clear, complete view of the numbers. At the same time, business and leadership teams found it difficult to understand financial reports, which made collaboration harder.
A lot of time was also spent manually collecting and preparing data. Teams had to pull information from different sources before any analysis could begin. This manual effort reduced productivity and delayed important insights.
On top of that, financial data is naturally complex. Without the right tools, it was difficult for stakeholders to interpret trends, identify risks, or spot opportunities quickly.
Solution
We worked closely with Nuvama Wealth to modernize their data platform using Microsoft Azure. The goal was simple: create a single, reliable data foundation that could handle large volumes of data while making insights easier to access and understand.
Azure Synapse Analytics was selected as the core platform. It allowed data ingestion, processing, and analytics to happen in one place, reducing complexity and improving performance across the board.
All key data sources—transaction systems, market data feeds, and customer databases—were brought into Azure Synapse Analytics. This created a centralized data environment that teams could trust.
Data ingestion and processing were automated, which significantly reduced manual work. Finance teams no longer had to spend hours preparing data and could focus instead on analysis and planning.
With real-time analytics in place, Nuvama Wealth gained faster visibility into market movements, portfolio performance, and customer behavior. This helped leadership respond quickly to changes and manage risk more effectively.
Advanced analytics capabilities also made it possible to analyze historical data, predict trends, and support better investment and portfolio decisions.
To make insights accessible to everyone, Power BI was connected to Azure Synapse Analytics. Interactive dashboards and reports allowed users across the organization to explore data visually, without needing deep financial or technical expertise.
Impact
The new data platform improved access to financial information across teams and departments. Everyone worked from the same data, which improved alignment and reduced confusion.
Automation helped save time and improved overall efficiency. Reports that once took days could now be generated much faster.
Decision-makers gained timely, reliable insights, enabling more confident and informed decisions. Non-finance teams also found it easier to understand financial performance through clear and interactive visuals.
Most importantly, the solution was built to scale. As Nuvama Wealth continues to grow, the Azure-based platform can easily adapt to future data and business requirements.
Conclusion
By implementing Azure Synapse Analytics and Power BI, Nuvama Wealth simplified the way it manages and analyzes financial data. The modern data platform not only improved efficiency but also helped teams across the organization make better, data-driven decisions—supporting long-term growth and business agility.