QlikView Gives Ruffer Innovative Answers to Everyday Problems
Customer Company Size
Mid-size Company
Region
- Europe
Country
- United Kingdom
Product
- QlikView
Tech Stack
- Data Analysis
- Data Management
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Productivity Improvements
- Cost Savings
Technology Category
- Analytics & Modeling - Data Mining
Applicable Industries
- Finance & Insurance
Use Cases
- Inventory Management
- Predictive Maintenance
Services
- Data Science Services
About The Customer
Ruffer LLP is an investment management firm based in the UK. As of July 2009, the firm had 85 staff and just under £4.5 billion in funds under management. The firm was facing challenges with their data management and analysis activities. They were heavily reliant on large internal spreadsheets for MIS, which were increasingly time-consuming and resource-intensive to manage. The firm wanted to move away from this 'spreadsheet mentality' that is common in many businesses. Additionally, the disparate data sources were making it difficult for Ruffer staff to update data and check for errors. This cumbersome data management was leading to concerns about potential inaccuracies, a problem Ruffer was determined to avoid.
The Challenge
Ruffer LLP, an investment management firm with 85 staff and just under £4.5 billion in funds under management, was facing challenges with their data management and analysis activities. They were heavily reliant on large internal spreadsheets for MIS, which were increasingly time-consuming and resource-intensive to manage. The firm wanted to move away from this 'spreadsheet mentality' that is common in many businesses. Additionally, the disparate data sources were making it difficult for Ruffer staff to update data and check for errors. This cumbersome data management was leading to concerns about potential inaccuracies, a problem Ruffer was determined to avoid.
The Solution
Ruffer LLP implemented QlikView as a tool to approach a number of problems and challenges within the firm. IT Associate Jamie Wooltorton was trained by the QlikView team to build QlikView applications. Jamie is now helping Ruffer staff build their own applications, and fully utilise the new data flexibility QlikView provides. Ruffer currently has QlikView implementations for Operations, IT, Operational Risk and Research, as well as a number of projects that produce information at a Company/Board level. Ruffer currently has 16 projects using QlikView across the firm and a total of 35 in various stages of development/ testing. The most challenging and successful application so far is the Funds Under Management (FUM) Historical Statistics application. This application takes a valuable monthly snapshot of their Funds Under Management, and uses the information’s flexibility to analyse historical data.
Operational Impact
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