Real-time business intelligence and analytics have been steadily gaining importance in the banking industry over the last few months. This article evaluates the need for real-time BI from a banking perspective and its edge over traditional BI.
Continue Reading –> http://tdwi.org/articles/2013/06/11/real-time-bi-banking.aspx
The banking decision sciences market is evolving with a noticeable shift towards pre-built BI & Analytics solutions. Banks are seeking ready-to-deploy solutions for specific functions, with significantly lower implementation times and measurable ROIs.
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A successful Internal Model Approach (IMA) strategy should be of operational use to the bank along with meeting regulatory requirements. Advanced approaches such as the IMA is being mandated by banking regulators across the member countries of Basel Committee for Banking Supervision (BCBS). This paper discusses how IMA aims to reduce the capital requirement, and also why it is important for banks to understand the rationale behind the IMA.
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Credit cards, the laminated shiny piece of square plastic that each one of us carries is over 120 years old as a concept and over 70 years old as reality. Continue reading
As organizations scale, the volume of data within each department increases manifold with complexities emerging around the usage of this unstructured data. The unstructured data only continues to snowball and remains practically impossible to decipher without the existence of smart systems that can organise, extract data and derive actionable insights that helps in decision making. See the latest interview (page 40) in Kenya’s leading business magazine’s special focus issue on BI.
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It was an early stage in my career and life, when I had an abundance of energy and not too many strings attached, which made it easier for me. We were clear on the direction, given our past lives in the banking technology space. The big idea was to create a banking-specific decision enablement product. There were several challenges of staying afloat and not losing focus on the long-term goal of creating a product company.
Continue Reading -> http://is.gd/VWqEcV
IT and business users have rarely maximized their work together on BI and data warehousing projects. A new position in your organization may be just the solution you need. As with any business-critical technology, DW/BI is a strategic investment organizations leverage to learn more about their operations and enhance forecasting, and there are several solution options that can provide the optimal blend of ROI and TCO.
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Business intelligence (BI) and analytics is gaining strategic importance from corporates, especially banks, to make accurate decisions based on facts, rather than just data for smarter business development and better customer centricity. This has created a strong market for companies that develop BI software in India. Operating in such a space, Bangalore-based iCreate has crossed several key milestones since we last wrote about them in September 2011.
Continue reading -> http://is.gd/wi5I66
Khaled M Gad, CIO, SAIB Egypt
SAIB’s Chief Information Officer Khaled M Gad walks us through dynamics of the Egyptian banking ecosystem and how SAIB is gearing up to address the challenges and opportunities.
iCreate Software, a global Bangalore-based banking analytics company, is tackling the developing world – and South Africa is one of its key markets.iCreate, which develops banking-specific enterprise software products (particularly business intelligence and analytics solutions), is taking the road less travelled in the banking sector.
