From cumbersome reports to agile decision making: Indium empowers global financial services leader in ESG reporting
Client spotlight
Our client, a prominent player in the financial services industry, offers a comprehensive suite of solutions across fixed-income, equities, alternatives, and multi-asset investments. They are committed to responsible investing practices, integrating Environmental, Social, and Governance (ESG) factors into their investment strategies.
Manual reporting hinders ESG transparency
The client was committed to environmental, social, and governance (ESG) investing and wanted to effectively showcase their impact to clients. However, their current method of generating annual ESG reports was cumbersome and inefficient. Here’s a breakdown of the key challenges:
Manual and time-consuming reporting
Generating annual ESG impact investing reports relied heavily on manual processes using MS Access. This consumed considerable time 1 and resources and limited report generation to skilled users.
Inefficient UI design
The existing user interface wasn’t designed for frequent report generation, hindering critical deci2 sion-making based on up-to-date ESG
Compliance and automation needs
Regulatory requirements demanded a more robust and automated solution for report generation. The client needed the ability to generate reports based 3 on specific client selections, a feature absent in the existing system.
Limited user access control
Role-based access controls were unavailable, creating potential security concerns and ineffi4ciencies.
Client requirements for a streamlined solution
Our client sought a solution from us that addressed their specific needs and modernized their ESG reporting process. Here are the key requirements:
Compliance and client-centric reporting: The solution needed to facilitate report generation based on client selection and ensure compliance with regulations.
Enhanced user interface: An intuitive and user-friendly interface was crucial for easier and more frequent report generation by business users with varying levels of technical expertise.
Role-based access control: The client required a system with robust access controls to ensure data security and restrict report generation based on user roles.
By understanding these challenges and requirements, we developed a customized solution that transformed the client’s ESG reporting process, a story we’ll explore in the next section.
Indium delivers a powerful, user-friendly ESG reporting solution
Understanding our client’s need for agility and efficiency, Indium crafted a comprehensive solution to transform their ESG reporting process.
Here’s a closer look at the key components:
Web application built for scalability
We developed a web application that seamlessly integrates with external database management systems. This empowers users to generate reports based
on specific client selections, facilitated by a robust system of 141 APIs.
Empowering users with role-based access
Gone are the days of restricted user access. Our solution implements role-based access controls (RBAC), granting the right level of permissions (view or edit) based on user groups. This ensures data security while empowering relevant personnel to contribute effectively
Actionable insights at your fingertips
We designed interactive dashboards for Relationship Managers (RMs) and Portfolio Managers (PMs). These dashboards provide a centralized hub for viewing reports, managing client profiles, overseeing funds, and monitoring asset impact metrics – all in one place
Data migration and management
We undertook a comprehensive data migration process to ensure historical data wasn’t lost. We successfully migrated pre-existing data to the latest database,
creating a robust foundation of over 10,000 records from around 50 tables.
Enhanced user experience
The user experience was paramount. We built a user-friendly front-end with 43 intuitive UI screens. This allows users to effortlessly view, update, and save various criteria related to funds and their corresponding assets.
A collaborative approach for agile development
We embraced an agile development methodology throughout the project lifecycle. This involved creating Minimum Viable Products (MVPs) to gather client feedback and continuously adapt the solution to evolving requirements. Furthermore, we prioritized user experience by ensuring an intuitive interface and providing upskilling initiatives to empower users to leverage the new system effectively
Through this collaborative approach, we delivered a solution that addressed our client’s specific needs, including:
Associate onboarding: Streamlined onboarding processes ensure new team members can quickly access and utilize the reporting tool.
Secure access management: Single Sign-On (SSO) login and RBAC ensure a secure and efficient user access experience.
Dynamic report generation: Users can generate reports tailored to specific client codes, entity groups, and entities, along with the ability to define report dates.
Comprehensive dashboards: Dashboards provide a clear snapshot of all fund details, offering valuable insights at a glance.
Seamless data integration: Snowflake database setup and historical data migration ensure smooth data processing and analysis.
A win for efficiency and transparency in ESG reporting
Indium’s solution delivered a transformative impact on our client’s ESG reporting process. Here are the key metrics that showcase the success:
70% efficiency boost
Report generation became significantly faster, freeing up valuable time for strategic initiatives.
2x faster reporting:
ESG reports can now be generated twice as quickly, giving our client a competitive edge.
Near-perfect uptime
With a 99% application availability rate, users have reliable access to the reporting tool whenever needed.
Enhanced compliance
Accurate disclosure and adherence to ESG reporting norms ensure transparency and peace of mind.
BIC code coverage up 80%
Delivery of Business Identifier Codes (BIC codes) for reporting purposes saw a significant increase.
About Indium
Indium is an Al-driven digital engineering company that helps enterprises build, scale, and innovate with cutting-edge technology. We specialize in custom solutions, ensuring every engagement is tailored to business needs with a relentless customer-first approach. Our expertise spans Generative Al, Product Engineering, Intelligent Automation, Data & Al, Quality Engineering, and Gaming, delivering high-impact solutions that drive real business impact.
With 5,000+ associates globally, we partner with Fortune 500, Global 2000, and leading technology firms across Financial Services, Healthcare, Manufacturing, Retail, and Technology-driving impact in North America, India, the UK, Singapore, Australia, and Japan to keep businesses ahead in an Al-first world.
