Client Success Story- Data stack modernization to deliver data monetization at Ellie Mae

Data stack modernization to deliver data monetization at Ellie Mae

How a cloud-platform provider for mortgage finance went beyond transactional support to monetize data despite being in a heavily regulated industry.

Challenges

Ellie Mae, a leading cloud-based platform provider for the mortgage finance industry, wished to go beyond transactional support to empower customers with valuable insights.

  • On-prem architecture had no simple way to express data requirements
  • Performance of the data processing pipeline suffered as data grew
  • Existing setup lacked the flexibility to build new solutions on demand
Outcomes

40% reduction in infrastructure costs and addition of revenue streams

  • Shorter time to close loans with clear visibility into loan bottlenecks
  • Increased opportunity spotting with insights
  • Eliminated management of complex data platform infrastructure
  • Improved data reliability across all customers
Technologies used
  • Modernized the platform by moving to AWS
    and Snowflake
  • Built a secure and compliant cloud database with customer-wise data separation
  • Provided pay-as-you-go clean, curated and encrypted data aggregated from all lenders
  • Scrubbed for privacy and delivered benchmarks and peer insights 
Partners Involved

Contact us

You can also email us directly at info@persistent.com.

You can also email us directly at info@persistent.com