Federazione Lombarda di Banche di Credito Cooperativo raises productivity by 20 percent with QlikView
Customer Company Size
Mid-size Company
Region
- Europe
Country
- Italy
Product
- QlikView
Tech Stack
- Microsoft Excel
- CSV
- TXT
- Open Database Connectivity (ODBC)
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Productivity Improvements
- Cost Savings
Technology Category
- Analytics & Modeling - Big Data Analytics
- Analytics & Modeling - Real Time Analytics
Applicable Industries
- Finance & Insurance
Applicable Functions
- Business Operation
Use Cases
- Real-Time Location System (RTLS)
Services
- Data Science Services
- System Integration
About The Customer
Federazione Lombarda di Banche di Credito Cooperativo (FLBCC) is a federation of small and medium-sized banks at the local level in Lombardy, northern Italy. Its mandate is to provide a number of specialized services—including legal and fiscal advice, risk consulting, internal risk control, and strategic planning implementation—to the 46 small banks in the region that belong to the federation. It has control, representative, and business management responsibilities. As part of its supervisory role, FLBCC has to process and analyze the import of 1 million data lines and 24 million records each month from its member banks. Technology plays an important role at FLBCC in managing risk and meeting regulatory compliance throughout the federation.
The Challenge
Federazione Lombarda di Banche di Credito Cooperativo (FLBCC) had to process and analyze the import of 1 million data lines and 24 million records each month from its member banks. The federation had built its previous data management solution in-house based on software from ACL Services. However, by 2011, FLBCC needed to replace this system with a more agile and scalable business discovery platform to improve productivity with easy-to-use self-service discovery capabilities. The in-house platform required a number of manual interventions and cumbersome repetitions of controls. Databases had to be downloaded and manually processed to obtain historical analysis on a monthly basis. The task was difficult, time-consuming, and error-prone. FLBCC also found that the ACL solution could produce analysis covering a short time span, but wasn’t suitable for longer-term reports.
The Solution
FLBCC invested in QlikView primarily to perform internal audits, reduce operational risk, and guarantee reliable but flexible business processes for the federation. The highly scalable solution was rolled out to 130 document users and four named users within 20 days—all without any installation issues. QlikView is not a black-box product—it’s extremely flexible, scalable, and simple to modify and maintain in line with specific requirements. Plus, data imports are easily visualized in graphical format. By comparison, other business intelligence products such as Visual Intelligence and SAP BusinessObjects have many functions, are difficult to implement, and require advanced IT skills. QlikView allows staff to carry out complex on-demand analysis on a self-service basis. QlikView is designed to integrate tightly with existing security systems and data sources. By offering an agile business discovery tool that automates many monitoring functions, there’s no longer any need for routine manual intervention by IT technicians.
Operational Impact
Quantitative Benefit
Case Study missing?
Start adding your own!
Register with your work email and create a new case study profile for your business.
Related Case Studies.
Case Study
Real-time In-vehicle Monitoring
The telematic solution provides this vital premium-adjusting information. The solution also helps detect and deter vehicle or trailer theft – as soon as a theft occurs, monitoring personnel can alert the appropriate authorities, providing an exact location.“With more and more insurance companies and major fleet operators interested in monitoring driver behaviour on the grounds of road safety, efficient logistics and costs, the market for this type of device and associated e-business services is growing rapidly within Italy and the rest of Europe,” says Franco.“The insurance companies are especially interested in the pay-per-use and pay-as-you-drive applications while other organisations employ the technology for road user charging.”“One million vehicles in Italy currently carry such devices and forecasts indicate that the European market will increase tenfold by 2014.However, for our technology to work effectively, we needed a highly reliable wireless data network to carry the information between the vehicles and monitoring stations.”
Case Study
Safety First with Folksam
The competitiveness of the car insurance market is driving UBI growth as a means for insurance companies to differentiate their customer propositions as well as improving operational efficiency. An insurance model - usage-based insurance ("UBI") - offers possibilities for insurers to do more efficient market segmentation and accurate risk assessment and pricing. Insurers require an IoT solution for the purpose of data collection and performance analysis
Case Study
Smooth Transition to Energy Savings
The building was equipped with four end-of-life Trane water cooled chillers, located in the basement. Johnson Controls installed four York water cooled centrifugal chillers with unit mounted variable speed drives and a total installed cooling capacity of 6,8 MW. Each chiller has a capacity of 1,6 MW (variable to 1.9MW depending upon condenser water temperatures). Johnson Controls needed to design the equipment in such way that it would fit the dimensional constraints of the existing plant area and plant access route but also the specific performance requirements of the client. Morgan Stanley required the chiller plant to match the building load profile, turn down to match the low load requirement when needed and provide an improvement in the Energy Efficiency Ratio across the entire operating range. Other requirements were a reduction in the chiller noise level to improve the working environment in the plant room and a wide operating envelope coupled with intelligent controls to allow possible variation in both flow rate and temperature. The latter was needed to leverage increased capacity from a reduced number of machines during the different installation phases and allow future enhancement to a variable primary flow system.
Case Study
Automated Pallet Labeling Solution for SPR Packaging
SPR Packaging, an American supplier of packaging solutions, was in search of an automated pallet labeling solution that could meet their immediate and future needs. They aimed to equip their lines with automatic printer applicators, but also required a solution that could interface with their accounting software. The challenge was to find a system that could read a 2D code on pallets at the stretch wrapper, track the pallet, and flag any pallets with unread barcodes for inspection. The pallets could be single or double stacked, and the system needed to be able to differentiate between the two. SPR Packaging sought a system integrator with extensive experience in advanced printing and tracking solutions to provide a complete traceability system.
Case Study
Transforming insurance pricing while improving driver safety
The Internet of Things (IoT) is revolutionizing the car insurance industry on a scale not seen since the introduction of the car itself. For decades, premiums have been calculated using proxy-based risk assessment models and historical data. Today, a growing number of innovative companies such as Quebec-based Industrielle Alliance are moving to usage-based insurance (UBI) models, driven by the advancement of telematics technologies and smart tracking devices.
Case Study
MasterCard Improves Customer Experience Through Self-Service Data Prep
Derek Madison, Leader of Business Financial Support at MasterCard, oversees the validation of transactions and cash between two systems, whether they’re MasterCard owned or not. He was charged with identifying new ways to increase efficiency and improve MasterCard processes. At the outset, the 13-person team had to manually reconcile system interfaces using reports that resided on the company’s mainframe. Their first order of business each day was to print 20-30 individual, multi-page reports. Using a ruler to keep their place within each report, they would then hand-key the relevant data, line by line, into Excel for validation. “We’re talking about a task that took 40-80 hours each week,” recalls Madison, “As a growing company with rapidly expanding product offerings, we had to find a better way to prepare this data for analysis.”
