Powering Insight-Driven Decisions
xPier supports a wide range of data products, including Raw, Analytical, Predictive, and External Data Products. Each of these is designed to meet specific organizational needs. These products help maximize the value of your data, supporting efficient and informed decision-making.
Raw Data Products
The platform facilitates the development of Raw Data Products tailored to specific business processes across various Lines of Business (LOBs). These include loan originations, servicing, regulatory reporting, and finance. These products ingest data from source systems into designated zones such as the data lake, raw zone, and bronze zone. This data forms the foundational layer for further processing and analysis.
Analytical Data Products
Analytical Data Products provide insights through advanced metrics and statistical analyses. Examples include generating features like loan-to-value (LTV) ratios, liquidity ratios, and customer/product concentration metrics. They also include central tendency measures such as mean, mode, median, standard deviations, and outliers. These data sets are organized into silver or gold zones structured into subject domains or purpose-driven datasets to support analysis and reporting.
Predictive Data Products
Predictive Data Products are developed to forecast future trends and recommend actions. They can be used to predict customer churn – identifying who may stop buying, when it might happen, and what actions could prevent it. These data sets are curated for augmented analytics, providing data scientists with the resources to develop models that generate actionable insights.
External Data Products
The platform also supports External Data Products, which involve acquiring or purchasing data from external sources and making it accessible throughout the organization. This helps avoid data duplication and optimizes data acquisition, ensuring consistent and reliable external data resources are available across the organization.