Insights from The Lab

Business Intelligence in Banking

Category: Business Intelligence in Banking


Harnessing Business Intelligence (BI) Analytics For Bank Retail Branch Networks

See the info that’s invisible in Excel sheets! How Retail Banking Executives Can Use a Microscope to See into Operations Data in Multiple Systems – Within a Few Months Every bank wants to contain costs, while maximizing customer service, at its retail branch network. If you want to do this, you want to be able …

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How to standardize banking operations in less than 6 months

Case-study learnings for everything from back-office and branch efficiency to advanced analytics and robotic process automation Regional and mid-sized banks have unique competitive challenges. They simply lack the mega resources of the huge national banks, so they can’t outdo those competitors when it comes to things like volumes of ATMs or developing, and updating, the …

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Business intelligence in banking: How to optimize bank data with BI

Our previous blog article looked at the challenges of implementing business intelligence, or BI, in insurance, and its impact on claims processing. In this article, we’re going to focus our lens on business intelligence in banking. What is business intelligence in banking? Business intelligence in banking is defined as the use of analytics software, or …

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How to Reduce Operating Expenses in Banks by Standardizing Common Processes

It’s commonly believed that digital banking technology will automatically reduce expenses in front- and back-office operations. But it doesn’t. In this article, we’re going to show how cost reduction in banking first requires that underlying processes are examined—and streamlined. Banking operating expenses and cost cutting: A lesson from the past You probably never heard of …

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