Reference no: EM132986223

Question - Founded in 1860, Boerse Stuttgart now employs 300 people and is Europe's leadin stock exchange organization for private investors. With an average share of about 31 percent of the German market (March 2011), the company is Germany's second largest trading centre. In 2009, its overall turnover reached $105B, exceeding last year's result by about 23 percent.

With more than 684,000 listed securities, the exchange has achieved an average daily trading volume of about $503M since the beginning of 2011 (March 2011).

As a publicly supervised stock exchange, Boerse Stuttgart AG is subject to numerous legal requirements. Compliance with regulations requires complete traceable documentation of all business processes. As a result of strong organic growth and several recent acquisitions, the company was using a variety of solutions whose data could not be easily analysed without a high level of manual effort. In particular, it was very difficult to perform ad-hoc-analyzes based on current business data to support the market control department in making strategic and operation decisions.

Persistent business growth also meant that the data volumes that needed to be processed daily were perpetually increasing. Moreover, new internal and external requirements for reporting and analysis were evolving, and it was becoming difficult to fulfill these requirements cost-effectively with the available methods and tools.

Consolidate all the data.

Comply to varying reporting requirements

Required -

-What were the problems of Boerse Stuttgart?

-What are the data available that can be used for an analytics solutions?

-What kind of system can be built given the consolidated data?

-How can business analytics culture be built in the company.