Empowering a Texas-Based Real Estate Insurance Provider: A Redshift Data Warehouse Success Story

Our client, a real estate insurance provider, ensures protection for brokers, agents, and home sellers from legal liabilities. As it expanded across US locations, integrating various tools led to data silos, hampering information access. Leadership faced challenges in decision-making due to fragmented insights, while the technical team struggled to maintain 16 disparate data sources.

Empowering a Texas-Based Real Estate Insurance Provider: A
                        Redshift Data Warehouse Success Story
20%KPI Arrow
Significantly Reduced Broker Churning
33%KPI Arrow
Substantially Reduced Client Acquisition Cost
40%KPI Arrow
Successfully Increased Market Penetration

Customer Challenges

As the organization expanded, its growing tech stack led to inefficiencies in data management and decision-making. Siloed systems and a lack of integration hindered operational efficiency, making it difficult to extract valuable insights.

Data Fragmentation Across Platforms

Data Fragmentation Across Platforms

The organization faced considerable challenges in effectively managing data scattered across different platforms. Managing multiple systems posed a formidable challenge, compounded by the need to integrate them to gain a comprehensive view of their information landscape, ultimately hindering the organization's decision-making capabilities.

Lack of a Single Source of Truth

Lack of a Single Source of Truth

The lack of a centralized repository presented a critical hurdle, leading to discrepancies and data inconsistencies across the organization. Different departments had varying interpretations of the same metric values, causing interdepartmental inconsistencies. This absence of a unified source of truth compromised data accuracy and reliability, thereby complicating operations.

Managing Geospatial Heterogeneity in Data Granularity

Difficulty in getting Actionable Insights from Data

Gaining actionable insights was nearly impossible due to data fragmentation across multiple platforms, compounded by the challenge of integrating them. The absence of a visualization tool further complicated navigating this fragmented data landscape, especially for non-technical stakeholders aiming to derive meaningful insights.

Solutions

In today's dynamic business landscape, Neenopal stands out for its meticulous analysis of client systems and pain points, aligning solutions with overarching visions and KPIs. By harnessing cutting-edge technologies, Neenopal not only addressed current challenges but also empowers clients with actionable insights.

NeenOpal's team of experts conducted an in-depth analysis of the customer’s existing system, carefully understanding the pain points of both the tech teams and CXOs. This analysis was aligned with the company’s ultimate vision and desired key performance indicators (KPIs), ensuring we develop a holistic approach with the best tech stack tailored to meet the business requirements.

01

A centralized repository, balancing data sources and client needs, was established. AWS Glue and Lambda jobs built robust, auto-scaling data pipelines. Emphasis was on optimizing historical data retrieval and managing daily incremental loading. Amazon Redshift integration enabled high-performance analysis and reporting with efficient storage and querying of large datasets.

02

As an integral part of out solution, we designed dashboards to empower senior leadership with visual insights. These dashboards facilitates the monitoring and tracking of crucial metrics, including:

  • Geographical analysis of Sales KPIs
  • Broker churn rate
  • Comparison of market penetration to the firm’s potential

03

Why choose NeenOpal?

NeenOpal Inc. is an AWS Advanced Services Path, Differentiated Partner and we are in the Public Sector and Well Architected Partner programs. As a forward- thinking consultancy, we specialize in unlocking the transformative power of data to drive business growth. Our team comprises AWS Certified experts committed to staying abreast of the latest industry advancements.

Features

Icon

Scalability

The use of Amazon RDS (MySQL) and Multi AZ Amazon Redshift ensures that the system can scale horizontally and vertically, handling increasing amounts of data and user requests efficiently.

Icon

Reliability

Amazon RDS (MySQL) with replication and Multi-AZ, alongside Amazon Redshift, ensures high availability and fault tolerance. Integrating SNS and EventBridge maintains stability with reliable alerts.

Icon

Flexibility and Support

The AWS solution supports MLS, HomeJunction, VanillaSoft, Zoho, Google Ads, and Iterable data sources. AWS Glue enables seamless ETL processes for flexible data integration and transformation.

Icon

Compliance

AWS’s compliance certifications ensure the project meets industry standards thoroughly. AWS Secrets Manager and CloudWatch enhance both security and operational monitoring effectively.

Icon

Cost Efficiency

AWS's pay-as-you-go pricing model for services like RDS and S3 allows for cost-effective scaling. The solution’s design reduces the need for extensive upfront investments, optimizing operational costs.

Icon

Security

AWS Secrets Manager manages sensitive information robustly, while AWS CloudWatch provides comprehensive monitoring and alerting. Encryption ensures information protection.

Icon

Integration

The architecture seamlessly integrates real estate and marketing platforms. AWS Glue and EventBridge enable smooth, event-driven workflows for comprehensive data analysis.

Services Used

AWS Lambda
AWS Lambda
AWS Lambda
AWS Glue
Amazon RedShift
Amazon RedShift
Amazon S3
Amazon S3

Benefits

With a unified data strategy, the organization overcame inefficiencies, gaining better control over its data landscape. The optimized system now enables seamless decision-making, improved resource management, and future-ready scalability.

Conclusion

The solution established a centralized repository managed by the IT team, ensuring data integrity and scalability. This optimized data model enabled efficient reporting tailored to CXOs' needs, promoting data-driven decision-making. The results include enhanced data accessibility, simplified maintenance, and a robust framework for strategic analysis.

Authors

Devika Hari

Senior Associate Consultant

LinkedIn

Madiha Khan

Content Writer

LinkedIn
Contact Us

Contact Us To See How We Can Help You Achieve Your Goals

Libraries

Related Case Studies