Case Study:

South African Reserve Bank

Project description

ERSD B Forma & C Forms Digital and Analytics Solution
Classification
High Priority Tier One Project
Project Duration
October 2018 – March 2024
Country
South Africa

The Challenge

The South African Reserve Bank’s Economic Statistics and Research Department (ERSD) relied on manual, time-consuming processes to capture and process critical financial industry forms (B Forms and C Forms). These forms feed directly into the calculation of national inflation indexes and assessments of country-wide financial stability - data that informs South Africa’s monetary policy and macroeconomic decision-making.

Key challenges included:

  • Highly sensitive financial data requiring stringent regulatory compliance
  • Complex, dual-project workflows running simultaneously under Tier One priority
  • Need for near real-time insights instead of weeks-long manual aggregation
  • Requirement for a robust, scalable, and future-proof analytics platform

Our Solution

Digital Knowledge, through Senior Solution Architect, Data Architect and Data Engineer Robert Dobson, delivered a complete turnkey Business Intelligence and Custom Development solution using an Agile delivery framework.

  • Transformed weeks of manual data processing into near real-time insights
  • Enabled SARB’s statistics department to calculate inflation indexes and assess national financial stability with greater speed, accuracy, and confidence
  • Delivered an agile, robust, high-performance reporting platform supporting current and future requirements
  • Provided a powerful combination of self-service analytics, strategic dashboards, and custom operational reporting
  • Significantly reduced human error and improved data integrity for macroeconomic policy decisions

 

The solution was designed for both on-premise stability and regulatory-grade security while enabling daily analysis and near real-time reporting.

Premium Solutions

Results & Business Impact

  • Transformed weeks of manual data processing into near real-time insights
  • Enabled SARB’s statistics department to calculate inflation indexes and assess national financial stability with greater speed, accuracy, and confidence
  • Delivered an agile, robust, high-performance reporting platform supporting current and future requirements
  • Provided a powerful combination of self-service analytics, strategic dashboards, and custom operational reporting
  • Significantly reduced human error and improved data integrity for macroeconomic policy decisions
Key Solutions

Technologies We Used

Microsoft Development Stack

Microsoft Stack: SQL Server, .NET Core, ASP, C#, JavaScript

Oracle Business Intelligence Stack

Oracle Stack: Oracle DB, Oracle PL/SQL, Oracle ODI, OBIEE

Custom Financial Engineering

Custom development of Financial Calculation Engine

Data Modelling & ETL Architecture

Star Schema Data Modelling, ETL Automation, Operational Data Store & Data Marts

Next Steps

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