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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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