RMI Insights: Empowering clients with financial intelligence

About RMI Insights

RMI Insights is a financial modeling automation company that helps companies realize intelligence opportunities and add value through its predictive modeling and analysis tools. Founded in 2014, RMI Insights is based in Denver, Colorado.

Industries: Technology, Financial Services
Location: United States

About Pluto7

Pluto7, a Google Cloud Premier Partner, specializes in deploying accelerated solutions and custom applications in smart analytics, machine learning, and AI. Pluto7 accelerates business transformation across retail, manufacturing, healthcare, and high-tech industry verticals.

Businesses work with RMI Insights to automate financial modeling and produce intelligence sourced from financial data and machine learning-based analysis. As clients increasingly require more complex and specialized analytics, RMI Insights wanted a solution that could provide enough scalability and performance to meet future customer needs.

Google Cloud Results

  • Increases speed of financial model automation from 40 hours to a matter of minutes with GCP
  • Reduces cloud infrastructure spend by 60% from legacy costs
  • Decreases processing and module times for platform services with powerful GCP solutions
  • Enables customization of workflows based on client needs through Google Kubernetes Engine
  • Improves data security for sensitive client financial information via Google security standards

Cuts deployment times from hours to minutes with Kubernetes

ENABLING CHANGE

Solutions: Migration; Data Analytics; Collaboration & Productivity
Workloads: VM Migration; Data Warehouse; Enterprise Content Management

RMI Insights provides customers with corporate financial models and projections to make better decisions, whether it's a local bank deciding to issue a loan or a private equity firm assessing potential investments. While data visualization is a standard option in financial business intelligence, RMI Insights produces predictive data that drives better investments. Google Cloud Platform (GCP) allows RMI Insights to improve the scale and scope of its financial intelligence platform.

Google Kubernetes Engine offers valuable platform infrastructure support for RMI Insights. Clients provide individual data sets that often cannot be processed the same way, because one set might include customer data while another could include detailed operations information. By leveraging the containerized architecture of Kubernetes, RMI Insights tailors its modeling and data processing workflows to specific client needs, bolstering the scalability and versatility of its platform.

Kubernetes also provides significant performance gains for clients. Individual platform modules, applications, or file uploads would previously take 10 to 15 seconds to load, but on GCP, customers see almost instantaneous load times. Additionally, RMI Insights leverages BigQuery as a data warehouse for applications including analytics. The company also uses Cloud Natural Language to automate financial data analysis, while G Suite apps including Drive support day-to-day work.

Google Cloud Premier Partner Pluto7 was instrumental during the RMI Insights migration, helping the company implement its machine learning resources that leverage BigQuery and Cloud Natural Language. This has expedited time to market for machine learning solutions in an increasingly competitive market. Pluto7 also helped educate the team on all GCP functionality.

"If it wasn't for our partnership with Pluto7, we would not have discovered Google Cloud Platform and seen what a great fit it was for our product and company," says Varun Balan, founder and CEO of RMI Insights. "Without their technical capabilities and machine learning prowess, it would have been extremely difficult if not impossible to efficiently build the machine learning features of the RMI Insights product. Pluto7 added immense value by leveraging their knowledge of machine learning and integrating that with current Google Cloud Platform tools such as BigQuery, Natural Language, and Google Kubernetes Engine to create an integrated solution that allows us to leverage our industry experience to build a compelling, data-driven product for our many SMB and middle market customers."

Alongside GCP, RMI Insights benefited from responsive Google support for troubleshooting, as well as strong data security standards that give customers peace of mind for sensitive internal information. Leveraging GCP and the entire Google Cloud ecosystem boosts productivity for RMI Insights and encourages accessible collaboration. If employees need to update a BigQuery function or share a file, they can simply do it within Drive.

In the coming months, RMI Insights anticipates more growth including expansion into the Indian and Southeast Asian markets, along with a push to include broader data sources into its modeling. With GCP, RMI Insights is confident it can help democratize high-level predictive financial intelligence.

"Financial modeling services have traditionally only been available to Fortune 500 companies and smaller businesses have largely been excluded," says Varun. "Google Cloud Platform helps us democratize these resources and help any business make smarter, data-driven decisions, just as large companies do."

"The strength of Google Cloud Platform, including Google Kubernetes Engine, was something that was appealing. There's a whole infrastructure built in, which would scale with us as we served more clients with increasingly complex services and needs."

Varun Balan, Founder and CEO, RMI Insights

About RMI Insights

RMI Insights is a financial modeling automation company that helps companies realize intelligence opportunities and add value through its predictive modeling and analysis tools. Founded in 2014, RMI Insights is based in Denver, Colorado.

Industries: Technology, Financial Services
Location: United States

About Pluto7

Pluto7, a Google Cloud Premier Partner, specializes in deploying accelerated solutions and custom applications in smart analytics, machine learning, and AI. Pluto7 accelerates business transformation across retail, manufacturing, healthcare, and high-tech industry verticals.