01/14 Influential provides specialist support for the financial sector

Posted on Tuesday 7th January 2014 8:37

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A leading provider of insurance and reinsurance in the Lloyds market wanted to improve its core banking systems to meet the needs of internal and regulatory reporting. To meet the requirement to deliver reports to the business within a very tight timeframe, we were able to provide additional, specialist staff to augment the insurer’s in-house development team to develop a large number of key reports using BusinessObjects.

We continue to help banks boost their application of data analytics technology: One of the largest, independent Islamic Banks based in the UK offering Corporate Banking, Treasury and Wealth Management sought to improve its use of data to drive business performance. The bank engaged with Influential Software and quickly gained advantage from our comprehensive Business Intelligence Health Check. This has provided the bank with a clear view of its current and potential future reporting capability, which encompassed Business Intelligence technology, processes and people. The bank is now acting on our key recommendations arising from the Health Check: We are providing industry best-practice strategy guidance to implement services for the development of a unified data warehouse that meets current reporting requirements while also allowing for changes in the future. This will become a pivotal tool used to provide on-going business intelligence, and keep reporting at optimal efficiency as the business grows. To further enhance value for the bank, we are currently delivering training to staff.

For further examples of our recent work in the finance sectors, please click here, and for more about our specific offering to this industry, please click here.