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Cognition

Success Story

Financial Data Management and Analysis for a Global Credit Rating Company

Impact

40X growth in database size, from 500 to 20,000 businesses

5X increase in data points tracked per company, from 200 to 1,000

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    Client

    A globally renowned credit rating company

    Products

    Financial Data Management & Standardisation

    Industries

    Credit Rating

    target geo

    Australia

    business objective

    The client needed to support the financial data management and research needs of any publicly traded company in Australia – collecting and organising all reports in one place for easy access and analysis.

    This included capturing financial statements from a specific group of 20,000 private companies, including small businesses, and uploading them to the platform.

    Our solution

    • Concept clearance: held detailed discussions with the client to ensure the team fully understood the need and requirements.
    • Transition phase: trained employees to build awareness of industry-specific issues, such as accounting rules that differ from company to company.
    • Staged transition: worked toward building a database of up to 20,000 companies, supported by a flexible team structure capable of managing work efficiently even during tight or average delivery requirements.

    Outcome

    • Increased data points tracked per company from 200 to 1,000, including in-depth qualitative descriptions – reflecting the client’s growing confidence in Cognition’s expertise.
    • Steadily improved database efficiency while lowering operational costs, helping the business achieve high-quality returns.
    • Grew the database from 500 to 20,000 private and public businesses as financial tracking scaled up.

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