Insights from The Lab

Business Intelligence Services

Category : Business Intelligence Services


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

Bi in banking can help take operations to new heights.

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 …

Read Full Post

Applying Business Intelligence in Insurance: How to Improve Claims with BI Transformation

With business intelligence in insurance, companies can rise above their competition.

We see it all the time: Insurance companies are striving to get ahead in the field of business intelligence. They’ll invest, often heavily, in systems such as Oracle Business Intelligence, Microsoft Power BI, and so on… and yet they struggle to find the value from these investments. Why is that? Many times, it’s because they …

Read Full Post

Lean Six Sigma Projects for Finance and Accounting Transformation: Examples of Top Financial Services Operations

Our previous article in this series shone a spotlight on the lean six sigma finance transformation challenges in the fiercely competitive world of retail operations. This article zeroes in on an equally high-pressure environment: Retail investment management. The Lab has extensive experience in this realm, helping firms from regional players to top-five global powerhouses. The …

Read Full Post

Finance Transformation for Lean Retail: Business Intelligence in Shared Services for CFOs

Our last article served up its share of war stories from the front lines of finance transformation in the world of lean principles in insurance. In this article, we’re sticking with the topic of lean finance transformation, but we’re shifting the venue to the fast-paced, ultra-competitive, razor-thin-margin, zero-room-for-error realm of retail operations. Some people may …

Read Full Post