Creation of a system of analytical reporting and visualization of operational data
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What makes this project special is the implementation of the classic BI in tight liaison with Oracle Hyperion Essbase — an OLAP (Online Analytical Processing) Server that provides an environment for deploying pre-packaged applications or developing custom analytic and enterprise performance management applications of any level of complicity.
Before the project has started, the customer run a heterogeneous local reporting systems and corporate data base, which were not consolidated into one and integrated with the whole Bank IT-Infrastructure. Therefore, business Departments had composed their reports containing the same data, but processed by the different algorithms, what caused nonoccurrence at the data summary. As the amount of the reporting documentation grew up, it got visible the necessity of applying of the standard industrial platform, for which it was chosen Oracle Business Intelligence Suite as meeting all the specific Bank requirements.
Very important reporting documentation blocks were fully automated, including the regulatory balance, percentage balance and other reporting forms for the specific types of activities.
Implementation of the comprehensive analytical system provided easy switch to the single reference books and algorithms, due to which variance in reporting summary was cleared up and the amount of the reporting duplicates was minimized. The functionality of Essbase provided extreme productivity: the processes of the data reception and the deployment of the hierarchies proceeded several times faster, than it had been with reports, generated by the SQL-requests to the relational OLAP.
«We‘ve made a solid foundation for the creation of the fully consolidated banking reporting. This project allowed us to eliminate work with the plenty of reporting files, to provide a single point of access to the reporting documentation for all users with the different levels of access rights, and to minimize the variance in the presenting of the same data by the different Departments».
Head of the IT & Analytical Systems Development Department,
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