Banking Case Study
The banking industry is leading the charge to harness the power of data.
BANKING CASE STUDY
Business Drivers
The Banking Financial Services and Insurance (BFSI) industry continues to push for greater data visibility and transparency — aiming to harness the power of data for its customers. Benefits for BFSI companies include vast reductions in transaction times and greater access to services.
Digital Transformation
Storage Duplication
Speed Of Decision Making
Data Efficiency
Scalability
Single Source Of Truth
Case Studies
Information is the oil of the 21st century , and analytics is the combustion engine
Peter Sondergaard
Information is the oil of the 21st century , and analytics is the combustion engine
Peter Sondergaard
Decision Criteria
Result
Our client based their decision of a data analytics solution provider on three criteria: Expertise, Trust, and ROI. At NextPhase.ai, we are able to meet and exceed these criteria for BFSI clients and other industries.
Technical Expertise
Trusted Advisor
High Quality ROI
What We Did
Solution
Fundamentally, we changed the way the client stored, accessed, and managed data. The result was a cloud-based data storage solution that housed all data in a single location while allowing each client business unit to directly access the data required. As a result of it being cloud-based, security, accuracy, and management were all vastly increased.
NextPhase Expertise
NextPhase Advisory
Business Outcomes
Business Outcomes & Value Creation
Immediately, our client saw cost savings and faster access to data across all lines of business. Over time, the client discovered a fundamentally better work experience for its employees, business units, and most notably, its clients. Data and analytics that were previously inaccessible had now become accessible. The result is increased revenue, lowered costs, better customer experience, and improved business operations.
70% Cost Savings
Great Agility
Real-Time Scalability
Use Case Complexity
Self Service Platform
Ongoing ROI
Get in touch with NextPhase.ai
Helping you is our business. We make complicated solutions simpler, every day. Ask us anything, we usually respond within 24 hours. Leverage our technical and subject matter business experts to help you scale to new heights – Our passion is to make our customers successful and achieve their business outcomes.
Our Expertise
- Industry Specific Use Cases
- Vision Creation & Strategic Roadmaps
- Data Warehouse Implementations & Migrations
- Advanced Analytics & AI
- Data Harmonization and Visualization
- Modernize data platforms and analytics architecture
- Accelerate business adoption and benefits realization