Business Intelligence for Banks BI

Business Intelligence for Banks supports the making of strategic decisions of businesses through multi-dimensional reports and assessments that are consistent with the objectives and strategies of the bank.

Business Intellingence (BI) is a set of software solutions that assist businesses in making strategic decisions that are critical to their development. It can be said that without using the BI software system in making decisions in the production and business process, businesses have wasted a very important source of their supporting information, these are the numbers. Data on the business and production situation of the enterprise itself were collected during the operation.
In fact, the amount of data collected during the operation of enterprises is sometimes very large, the data itself is not the information that the business needs, it only contains that information. Therefore, the organization of storing and extracting information from those data for enterprises is not a simple problem, the BI system will help businesses solve this problem.

Highlight Features

Provides a unified environment for accessing and analyzing data such as Online Analytical Processing (OLAP - Online Analytical Processing), and XML data sources.
The first solution utilizes relational OLAP data (R-OLAP), multi-dimensional online processing (M-OLAP). OLAP analysis allows users to access and browse data stored in the form of trees and relational data sources from a common interface.
Integrated and customizable reports, users design with drag and drop, helping individuals track and assess based on key performance indicators (KPIs), associated with the strategy and goals of the business.

Key Functions

Reporting: Helps bring back regular, timely information and allow users to query for more detailed information.
Scorecarding, measurement features, performance evaluation: Through important metrics to evaluate the activity and let users know if they have exceeded the set threshold or not.
OLAP analysis: Multidimensional analysis of information according to multiple criteria and from which can find the trend of the situation.
Dashboard, a feature that provides an overview of the operational situation, helps to present information in an intuitive form, easy to understand and attached to a specific situation.

Benefits

Help customers make quick, reasonable decisions and understand the internal situation of their businesses, customers, competitors in the market in many different aspects.
With as much information as today but they are scattered in many, using many different system applications to solve different problems in the enterprise. Aggregating into a meaningful information requires a lot of resources and time.
Benefits that customers receive are as follows: Saving costs, improving the efficiency of daily activities, focusing on high-value strategies, improving sales staff's capacity, measuring and analyzing the impact of operations on customer satisfaction, strengthening and increasing customer satisfaction, loyalty, assessing competitors, expanding market share.

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FAQs

Why should use BI?

- In fact, the amount of data collected during the operation of enterprises is sometimes very large, the data itself is not the information that businesses need. BI is the solution to that problem, helping convert existing data of organizations and businesses into useful business knowledge.
- In addition, the problem of using intelligent business software in the technology era is the right and necessary step for every business to keep up with the general trend of the era.