Success Stories Designing a scalable data solution for a rapidly growing investment company
Designing a scalable data solution for a rapidly growing investment company
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Overview
Elanor Investors Group is an ASX-listed managed funds company specialising in real estate investments. Established in 2009, Elanor experienced exponential growth, boasting an investment portfolio exceeding $6 billion by early 2024. As the company set its sights on entering new markets, the executive team sought an enterprise data solution to overcome data handling limitations and drive operational excellence through greater efficiency and data-driven decision-making.
Basic office tools were incapable of supporting Elanor's growth
Elanor Investors Group has historically managed its data through various software applications, and spreadsheets set up to track everything from financial metrics to investment performance data. Greg Mclaine, Chief Technology Officer at Elanor, says Microsoft Office tools by themselves were practical at the time, but significant manual intervention for transforming and reconciling data between systems was impacting productivity. This approach wasn't delivering the capability needed to allow the business to scale and meet its strategic objectives.
One51 consultants designed and deployed an end-to-end prototype encompassing data ingestion, cleansing and transformation, and dashboards for analysis and reporting. They did this after extensive consultation with the business to ensure they knew exactly what metrics people wanted to see and how the data displays should look and feel.
One51 understood our maturity level and their excellent business consulting skills have been so important for a business like ours. They're able to speak our language and empathise with our pain points - it has been great to work with such highly trained professionals who can bring that special blend of technical skills and business know-how to the fore.
Greg Mclaine
CTO at Elanor
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Value
Feedback has been highly positive from leadership down to practitioners, sparking interest across various business areas due to its perceived value.
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Speed
New dashboards allowing for much faster and seamless KPI reporting
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Trust
Ability to speak the same language and emphatise with the customers pain points.
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