Modernizing a Financial Data Backbone for a Global Payments Firm
Client: Global Payments Firm
Problem
The client operated fragmented financial data systems that resulted in a five-day bank close cycle, approximately 10,000 analyst hours of manual reconciliation effort each month, and significant compliance risks arising from more than 1,500 financial controls. The organization required a modern financial data platform to automate reconciliation, improve auditability, and provide timely access to trusted financial data.
Solution
Qubika modernized the client's financial data backbone by implementing a cloud-based financial data platform using Amazon Redshift, Amazon EMR, Apache Spark, Apache Airflow, and Apache Iceberg. The solution automated volatility classification, financial reconciliation, and audit workflows through rules-based logic while incorporating LLM-assisted SQL agents to improve operational efficiency and support enterprise financial reporting.






