As specialists in developing and implementing solutions for the financial industry, InfoTilt works closely with our customers to execute seamless solutions that optimize accuracy and productivity. We are equally invested in the idea of training your employees to use the software effectively. But most importantly, InfoTilt’s solution-oriented approach solves current software and hardware issues while projecting for future growth.
Case studies
The cornerstone of InfoTilt’s success rests on our ability to meet clients’ needs. Our methodology requires us to be flexible in our approach, agile in our reactions to problems as they arise, and thoughtful about the solutions we implement. What sets us apart from our competition is our ability to develop flexible, scalable solutions for clients quickly and thoroughly. Review our case studies below and compare our approach to traditional models.
Fidelity Investments: Changing Tack to Enhance Competitiveness
- Challenge
- Traders at Fidelity Investments, the nation’s largest mutual fund company, were being outpaced by the competition: the quote system in use at the equities trading desk was slow and unreliable. Fidelity needed to create an equity quote management system that would provide reliable, real-time market data to the trading desk, delivering an enhanced level of detail to give traders a competitive edge.
- Solution
- InfoTilt approached Fidelity Investments with an initial consultation to identify the features that the traders and portfolio managers were looking for in the new equities quote management system. InfoTilt began to modify the initial system requirements and developed an updated design for the system. However, once the traders began to see the possibilities that InfoTilt’s new equities quote management system provided, they wanted to add similar enhanced features to the fixed income division.
- Flexibility in action
- At InfoTilt, we understand clients might alter a project while it’s underway – in fact, we anticipate it. We build the idea of change into our design methodology. Into each project, we develop key components that enable us to redesign an entire system, even after the initial implementation is underway.
- Result
- InfoTilt project managers estimated that a typical consulting firm, loaded down with bloated management structures and strict, immobile project guidelines, would have required an additional three months to implement Fidelity’s desired changes. For Fidelity, the project timeline was only disrupted by three weeks and its competitive edge was enhanced immensely.
Northwestern Mutual: Developing Novel Solutions to Boost Sales
- Challenge
- Northwestern Mutual, the nation’s largest provider of life insurance, was using an antiquated data-capturing system. When salespeople in the field entered data incorrectly, entire leads would be lost. Since data is critical to the insurance industry, Northwestern Mutual called on InfoTilt to recapture the lost data and create a better method for future data collection.
- Solution
- At InfoTilt, we know that fresh ideas lead to innovation that drives technology and business forward. Solutions presented to Northwestern Mutual by programmers would have required combing through the data manually to fix the common errors that were interrupting it – a cumbersome, costly approach that might lead to additional errors. InfoTilt recommended a different approach. Utilizing artificial intelligence principles, we devised a statistical analysis of the most common errors in the database and crafted an artificial intelligence rule base to correct those errors based on weights.
- Result
- InfoTilt’s artificial intelligence approach yielded a 99 percent data input rate into the database, resulting in clean data – and usable leads and information for Northwestern Mutual. A standard text-based approach would have yielded less than a 95 percent input rate for the client, resulting in thousands of lost leads.
Wells Fargo/Milwaukee: Creating a Quick Turnaround Strategy to Outpace the Competition
- Challenge
- As Wells Fargo – a diversified financial services company with more than $500 billion in assets – moved toward investment banking, traders needed to implement the Charles River Trading System™ as quickly as possible. Challenged with a very short requirement and design cycle, as well as budget constraints, Wells Fargo turned to InfoTilt to meet the strict timeline and budget guidelines while providing the highest level of secure service.
- Solution
- InfoTilt divided the project into multiple phases and presented a fixed-price statement of work to Wells Fargo. All key phases of the implementation were completely outlined for the client. During development, InfoTilt experienced a number of issues that would normally have extended the timeline drastically. Committed to meeting the expectations of its clients, InfoTilt invested 14-hour days to ensure that, even with the unexpected glitches, the deadlines set in the original timeline were met at no extra cost to Wells Fargo.
- Result
- Wells Fargo met its goals, implementing the Charles River Trading System on time and on budget, and maintained its edge over the competition.
