Business Intelligence and Key Performance Indicators for Financial services

Business Intelligence for Financial services

True business intelligence (BI) can support, grow and ensure the success of the financial service enterprise and the business user and professional.

• Operational Reporting – Financial services Operational Reporting enables the user to identify and focus on business factors that are in need of improvement or streamlining. Your enterprise can maximize operational efficiency and increase profit margins by establishing and cascading strategy, and monitoring operational and tactical performance and key performance indicators (KPIs) and metrics. Automated alerts enable the business user to customise information views and receive updates when a critical threshold has been crossed, thereby ensuring that corrective action is taken swiftly and decisively.
• Consumer Credit Management – Consumer Credit Management and analysis facilitates centralized administration of all consumer information, with data integrated from various enterprise systems and sources. Users can create personalised dashboards to view this information in a way that is meaningful to them. They can summarise data and drill through data to present results in charts, graphs, and gauges for presentations and analysis. OLAP analysis and powerful forecasting and predictive analysis algorithms are designed for simplicity of use and may be used by every business user without the assistance of a programmer or expert. Users can analyse consumer credit and monitor activity to identify the most profitable markets, customers and demographics, and to mitigate default and risk.

ElegantJ BI for Financial services – Benefits at a Glance

• Balance the risk involved with business and growth while maintaining regulatory compliance
• Ensure regulatory, governmental and industry compliance
• Establish, monitor and adapt compensation strategies
• Produce BI Reports for management on performance, customer demographics and other factors
• Analyse and act on customer business intelligence
• Manage and forecast assets and portfolios with full insight into patterns and trends
• Establish metrics and sales performance targets and monitor results against these targets with complete transparency into the root cause of shortfalls and immediate notice of issues
• Provide a 360° view of risk, customer profiles, products, services, regions, sales, marketing and other information
• Enhance customer profitability, improve customer service and reduce operating costs and risk
• Support data schemas for large, complex elements with data drilling and slice and dice at any level
• Robust, secured, browser-based architecture ensures complete protection of financial data
• Leverage investment in existing systems by aggregating data across diverse locations and systems to analyse employee performance, risk, branch profitability, credit performance and customer relationship
• Fulfill user needs for diverse views and perspectives and provide custom support for individual roles, functions and team activities
• Boost revenue by identifying and cross selling products
• Improve efficiency of the overall business process and the speed and confidence of decisions
• Assess all aspects of organisation performance, e.g., income, profit, customer satisfaction, flexibility, transformation and growth
• Leverage powerful analytical and reporting tools for any ad-hoc or regular reporting requirement
• Perform profit analysis, and find and retain the most profitable customers, develop and analyse services, and manage and mitigate credit risk.
• Create simple, intuitive reports, standardize portfolio and credit analysis; and achieve full insight into financial and operational results

ElegantJ BI Integrated Business Intelligence and Enterprise Reporting capabilities ensure comprehensive Corporate Performance Management, and provide business intelligence with simple, practical, affordable features and functionality. Our BI modules are relevant to all industries and functions and can be used by the average business user without the assistance of analysts, statistical experts or technical programmers. No matter the size of your organisation, ElegantJ BI solutions can satisfy your needs with flexible licensing and implementation options that include on premises implementation and hosted, Software as a Service (SaaS) implementation.

ElegantJ BI solutions provide a single source, integrated view of enterprise data from numerous sources and enable every user to build views, balanced scorecards, dashboards and key performance indicators (KPIs) to satisfy the needs of their role, department and function, so every user is engaged in the pursuit of strategic, operational and tactical goals and can provide appropriate support for continued success in acquiring new clients and in retaining existing clients and selling new products and services.

If you need a rich, intuitive Business Intelligence solution, coupled with robust CPM features, we encourage you to contact us today to discuss your unique requirements and get started with the ElegantJ BI solution suite. Email us at sales@ElegantJBI.com

Performance Management Benefits

ElegantJ BI CPM provides a unified view of performance, gaps and progress against objectives saving you time in the competitive market and providing valuable insight into trends, and the changes required to enhance performance. The Balanced Scorecard enables you to easily and quickly track performance by business unit, team and individual, and drive accountability.

Business Intelligence Case Study

The client is a leading financial securities firm, and a respected corporate member of the National Stock Exchange (NSE) of India. Read full story »

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