renew financial

Renew Financial

Renew Financial integrated data from disparate sources and built a one stop shop for data. The BI team finally trusts the data.

About Renew Financial

Renew Financial was founded in 2008 by a multidisciplinary team of experts in finance, technology, operations, and government policy to innovate the Property Assessed Clean Energy (PACE) financing model. They are specialized in affordable financing for renewable energy and energy efficiency projects.

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Challenges

  • Complex data landscape with cumbersome processes to integrate distributed internal as well as external third party data sources
  • Challenges to keep up with constantly changing business and data rules
  • Difficulties to efficiently manage the variety of JSON and XML data types

Actions

  • Data Virtuality was used to build a data foundation to fully leverage the data assets
  • Data replication part is enabled with the “lightweight ETL tool”
  • Drove self-service initiatives by centralizing the data

Results

  • Development time was reduced by over 80 percent resulting in saved costs and increased efficiency
  • One stop shop for all things related to data
  • Increased trust in the BI team

Having Data Virtuality in place for over a year, we feel that it is the data foundation to help the company leverage the data assets. It is the last piece of the puzzle in solving all of our data challenges. With Data Virtuality, our BI department became a flexible one stop shop for everything data and more. The other teams at Renew Financial know that they can rely on us delivering the right data in a very fast development time, five times faster to be precise.
Mai Doan
Senior BI Manager

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