Title: DWBI
1(No Transcript)
2DWBI What drives it
- According to Gartner, Inc., the average
enterprise has 14 different databases and spends
60 to 70 percent of its application development
creating ways to access that data. Financial
services companies have more, and their demands
are greater. They also require the ability to
combine real-time data with information they
should already know to make real-time decisions.
According to Gartner, the big four now own
two-thirds of the BI market. Gartner Research
Director Kurt Schlegel writes that, The
consolidation in the market has not simplified
vendor selection decisions if anything, it has
made them more complicated because the
acquisitions have thrown many existing product
road maps into confusion. These acquisitions have
also caused the mega-vendors to focus on product
integration versus BI innovation - as they watch
the TCO and time-to-value of their BI solutions
go down the drain.
3How Enterprises think of DW BI
4The Information predicament in a Bank
INTELLIGENCE for a profitable future
FUTURE
What NEXT?
Actionable KNOWLEDGE
What strategies can I apply?
PRESENT
Why did it happen?
INFORMATION processing
BUSINESS VALUE
- Identify the correct sales channels for different
customer segments. - Identify the right target marketing strategy
- Identify the correct collection strategy.
- Integrated channels targeting unified messages to
customers powered by a single view of the
customer - Effective cross-sell and up-sell leading to
increased profitability - Predict and proactively manage churn,
delinquency, fraud.
What data do I have? How can it help me see what
happened?
- Am I efficiently utilizing the right sales
channels? - Is my marketing spend aligned to bring on
profitable customers? - Is the collections dollars appropriately
channelized to minimize delinquency?
The Banking DATA deluge
PAST
- What is the effectiveness of different sales
channels in my bank? - Who are the most profitable customers in my bank?
- Are my delinquencies under control?
DATA INFORMATION
KNOWLEDGE
INTELLIGENCE
5The Traditional Approach
6The Traditional Approach
Delivery
Focus
Validation
Value
7The Solution Approach
8Benefits
Delivery
Focus
Validation
Value
9Case Study BI Implementation in a Mid sized Bank
10The iCreate Solution Approach
11Handling the Downsides
- Core System Knowledge
- Functional Solutions
- Reusable dimensions
- Master data management techniques
The Solution Centric Approach
- Tailor made solutions
- Organization Policies
12Summary
- Gartner Inc. says
- As BIS firms get a grip on the more mundane
problems of aggregating and reporting, they need
to both extract more value from the BI tools they
own (and there are often many of them) and
prepare for a BIS world that is more volatile,
more uncertain and more competitive.
13Presenting Bizcore
14A TYPICAL BI PROJECT TAKES UPTO 20 MONTHS
20 MONTHS
15A DEPLOYMENT TAKES
ONLY 20 WEEKS !
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17Bizcore Suite
Customer / Channel Intelligence
Central Bank Reports
Charts Dashboards
OLAP Engine
L3 Data Marts
Reporting Engine
Roles
L2 Operational Data Store
L1 Staging Area
Operational / Analytical Reports
Risk / Fraud
Parameters Metadata
Role / User Management
Data Governance
Performance Management
18THANK You. Questions?Email Naren.ns_at_icreate.in
19About Us
Focus Expertise
Customers we work with
- Business Intelligence, Reporting, Analytics and
Enterprise performance management for the BFSI
segment - Wide-ranging transactional systems knowledge for
BFSI (Core banking etc.)
iCreates commitment to delivering to set
project schedules irrespective of the obstacles
is amazing and a contrast to other vendors -
Michael Kokkinos, NBG (Cyprus)
NBK looks at iCreate as a service provider
partner in its journey for Change - Hani Khalil,
NBK
Products and Tools
The Right Partner
- Healthy financials strengthened by funding from a
leading US based VC firm - Presence in Africa, APAC, Middle East Europe
- World Headquarters in Bangalore, India
- 100 Banking technology professionals
- Integrated Reporting, BI, Analytics EPM product.
- BFSI Industry Data Models, CBS adapters
20Mitigation
- Core Systems Knowledge
- Domain Expertise
- Functional solutions and BI implementation
expertise - Master data Management techniques
21Benefits
- Focus on particular business area/problem
- Short build and implementation time
- Value addition evident within a short span of
time - Business users able to articulate requirements
effeciently - Ability to choose the appropriate technology
platform for each solution
22Case Study BI Implementation of
- Had
- Comprehensive DW encompassing all products of the
bank - Aggregated information stored in a Standard
data model - Needed
- MIS Scorecard and Performance reporting pack
- Shortfalls of DW
- Most financial dimensions available , however
structure not friendly to reg. reporting - Long load times (leading to delayed reporting
cycles)
23The iCreate Solution Approach
- Requirement Analysis - 2 weeks
- Build 2 Weeks
- Data Model and ETL layer
- Reporting Pack (15 reports)
- Testing and Validation 3 weeks
- Total End-to-End Implementation 7 weeks