Vision Case Study
This document describes a case study of a leading West African bank that implemented a business intelligence solution from Vision to address several challenges. The bank has over 750 branches across 19 countries and processes around 3 million transactions per day. Vision was used to create a single source of truth for management information and financial reporting across countries, enable automated data extraction and reconciliation, and provide consistent management reporting lines and performance measurement. The solution architecture extracts transaction data from the bank's core systems into a data warehouse for reporting, analytics, and dashboards to provide real-time visibility, improve productivity, increase financial control, and enhance customer satisfaction.
Vision Case Study
- 1. VISION CASE STUDY - A Leading African Bank Banking Performance Analyzer A Leading West African Bank Ranked among top 3 banks in West Africa for number of years - Currently Numero Uno in terms of Asset Size Over 750 branches, technology savvy, operational presence in more than 19 countries & expanding Finacle as the core banking system Approximately 3 million Finacle transactions per day, 10,000+ branch users of the core Finacle system Core Treasury system from Finacle Treasury E-Banking (Consumer & Corporate) from Finacle UBS 1400 + ATMs managed by a single switch - Front End Processor (FEP) Challenges Implementation Approach NON-AVAILABILITY of: Mapped Global / Multi-Country Chart of Accounts - SINGLE source of truth for MIS & Financial reporting Financial Reporting & Management Reporting Lines definition GLOBAL Chart of Accounts Fully Automated End-Of-Day extractions - Transaction from Product MIS Finacle / Treasury applications into Vision Data Warehouse Cross country MIS Adjustments & Allocations Prepared Daily Automated Reconciliation for General Ledgers No Reconciliation between Financial and MIS numbers Implemented: NO CONSISTENT MIS Reporting lines across Entities (19 + Product Structures & Organization Unit Structure Operational Countries), hence no comparatives analysis Budgeting & Forecast in line with MRL Product Structure what so ever Cost Allocations on Actuals, Budgeting & Forecasting data Lack of Performance Measurement at Various levels - Database Patrol for data cleansing and integrity Relationship Managers, Branch, Business Segments, Customer & Product Levels Lack of automated Consolidation of Financial Data - Group Balance Sheet / Income Statement Vision is Solution Architecture the art of seeing Core Staging Area what is invisible E Banking Apps T D A to others! L Transform T Business Extract L A Functional Reports A Data SAS / Oracle Models Y Validate M Data Sets E A Mainframe R R MIS Analysis T Dynamic Report Writer Data Mart B A U Historical Operational D I Data Data OLAP Unix A L Mart Risk Analysis P D Builder Multidimensional Schema T E Financial Budget R E Adjustments & Forecast R Dashboard PC Business Intelligence – Key Benefits Real-Time Visibility Productivity Improvement Increased Financial Control Know what is happening in the Centralized data control Assist in timely business decision Process NOW DWH for Banking Fast response to demanding Visibility of Performance, SOA implementation investor expectation bottlenecks etc. Analyze Financial Audit & Compliance Customer Satisfaction Branch, LOB wise Profit Analysis Adherence to regulatory and Improved customer satisfaction with Analyze poor performance internal standards higher service levels Indicators for NPA Ensure Quality transactions Faster, Error-free, Personalized services DUBAI INDIA marketing@sunoida.com | www.sunoida.com Banking Performance Analyzer