Data Army crafts modern data solution for MA Money
Data Army, an Australian data consultancy specialising in advanced data solutions, has recently unveiled its new achievement: a modern data solution for MA Money. As one of Australia's fastest-growing non-bank mortgage lenders, MA Money has anchored its inaugural AUD $500 million residential Mortgage-Backed Security (RMBS) public term issuance on this innovation, as well as its ongoing company momentum.
The project, completed within just six weeks, employs Microsoft Azure, Snowflake data cloud, and Tableau. These systems combine to create a self-serve analytics platform capable of monitoring mortgage data. This beneficial tool assists not only MA Money's Treasury department but also external parties. "We selected Data Army as our partner because we had confidence in their team's expertise and capabilities in information modelling and testing," says Chris Wyke, Joint CEO of MA Financial Group, the parent company of MA Money. He credited Data Army's "strong track record of delivery, proven processes and focus on innovation" as key factors in its selection.
Data Army's broad remit encompassed data retrieval and ingestion utilising Azure Data Factory (ADF). It also involved data staging on Azure Data Lake Gen 2 blob storage, along with Snowflake for the company's data lake, data warehouse, and data mart. Tableau was installed for querying Snowflake, enabling self-service analytics and business intelligence. Importantly, Data Army helped establish the initial framework for the test suite through DBT, and this is now actively used to alert MA Money to potential issues, thereby minimising the possibility of poor information quality or historical data correction events.
Wyke underscores the ongoing benefits of this successful endeavour. "Since the completion of our inaugural RMBS issuance, our team continues to leverage this platform in preparation for future issuances," he explains. The Joint CEO of MA Financial Group is confident that the data solution will catalyse the company's progress as one of Australia's thriving non-banks.
Data Army is renowned for using data to inform change and empower businesses. The consultancy's unrivalled commitment to delivering tangible results aligns perfectly with MA Money's needs. Its focus on innovation, agility, and scalability means it is well-positioned to fortify data infrastructure to provide measurable outcomes today and in the future.
MA Money is a prominent non-bank mortgage lender that specialises in residential loans for clients seeking flexible alternatives addressing their financial needs. MA Financial Group, its parent company, currently manages more than AUD$ 9 billion in assets and has a significant strategic focus on credit and lending assets. The group has dedicated several years to building a scalable platform in the residential mortgage lending market, thus creating a broad base for substantial growth.