The London branch of HSH Nordbank has selected
Business Intelligence (BI) Harvester from Granville Associates
to transform its management information and reporting.
Harvester is a
packaged BI solution that combines a Microsoft data warehouse with
technology from Applix, provider of business analytics
software.
Data will be
extracted from HSH Nordbank’s Midas Plus system and then
transformed, loaded and reconciled into the data warehouse. From
here the data is restructured and loaded into Applix’s TM1 to allow
bank staff to perform analysis, modelling and reporting. The user
interface includes Applix’s Executive Viewer (EV), which will be
used to present information both within the branch and for the
bank’s head office.
David Forster,
Head of Operations, HSH Nordbank explained, “With our plans to
expand our London operation, we have a number of challenges with
our reporting and management information that need to be resolved
urgently. Our existing reporting capability is slow and inefficient
and it is difficult to get at the information we require. We are
consequently spending too much time on reconciliation and
investigation and have little time for important analysis work. We
also want to improve the quality of key information available to
senior management – for example client profitability.”
He continued, “The
[new solution] will not only address our current challenges, but
will also allow us to gather data from our other operational
systems in the future. This data can then be maintained in the data
warehouse and included in our management reporting. The
capabilities of the solution were successfully demonstrated to the
bank in a ‘proof of concept’ exercise prior to purchase.”
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