Challenges of Data Platform
Challenges of Data Platform
📌 Problem:
✅ Solution:
Batch: Use AWS Glue or AWS DataSync for structured data ingestion.
Hybrid ingestion: Use Apache NiFi for flexible data flow management.
📌 Problem:
✅ Solution:
Use Amazon Redshift Spectrum or Athena to query data directly from S3.
📌 Problem:
✅ Solution:
Schema Evolution: Use Apache Avro, Iceberg, or Protobuf for schema versioning.
1️⃣ Data Ingestion Metrics (Streaming & Batch)
📌 Why? Ensure timely and accurate ingestion of transactions, logs, and third-party data.
✅ KPIs:
🕒 Data Ingestion Latency → Time taken to ingest new data into the platform (Target: <5 sec
for real-time, <15 min for batch).
🔄 Throughput (TPS - Transactions Per Second) → Number of records processed per second
in Kafka/Kinesis.
✅ KPIs:
⏳ ETL Job Completion Time → Average processing time per ETL job.
⚡ Query Performance (P95 Execution Time) → 95th percentile query execution time in
Athena/Redshift.
🏎 Batch Processing Speed → Number of records processed per second in AWS Glue/Spark.
🛠 Tools: AWS Glue Metrics, AWS Step Functions, Spark UI, AWS EMR Metrics
📌 Why? Ensure high data integrity for accurate financial insights & risk assessment.
✅ KPIs:
🔄 Data Freshness (SLA Compliance) → Time lag between data availability & ingestion
(Target: <1 min for real-time, <15 min for batch).
🛠 Tools: Great Expectations, AWS Glue Data Quality, Deequ, Monte Carlo
📌 Why? Ensure regulatory compliance (PCI DSS, GDPR, SOC 2) & prevent data breaches.
✅ KPIs:
🏦 Percentage of Encrypted Data → Data encrypted at rest & transit (Target: 100%).
🚀 Time to Detect & Respond to Threats → Average time to identify and mitigate security
risks.
📌 Why? Ensure cloud resources are used efficiently to reduce unnecessary spending.
✅ KPIs:
🚀 Compute Utilization Rate → Measure how efficiently AWS EC2, EMR, and Glue resources
are used.
📌 Why? Align the data platform with fintech business goals (fraud detection, personalized banking,
etc.).
✅ KPIs:
⚠️Fraud Detection Accuracy → Precision & recall of fraud models in real-time transaction
monitoring.
⏱ Time to Approve Loan Applications → Reduce processing time using AI-driven credit
scoring.
🏆 User Satisfaction Score (CSAT/NPS) → Track user experience for business & risk teams
using data.