Microsoft Power BI Implementation for Nest Bank
Nest Bank, a universal bank operating on the Polish market since 2016, needed a secure reporting and business data analysis solution. For that reason, the bank turned to Inetum with a request for support in terms of choosing a suitable Business Intelligence tool. Find out more about the standards in the banking industry that a Business Intelligence system should meet and why Nest Bank and JCommerce’s Business Intelligence specialists decided on Microsoft Power BI.
The scope of the project
Nest Bank focuses on security and supporting individual clients as well as micro-enterprises in the scope of its operations. The bank delivers financial solutions that ensure its customers get a sense of security. Business data analysis tools used by financial institutions should play a similar role as data protection and compliance where strict security standards are key.
The aim of the project carried out by Inetum was to implement a Business Intelligence tool ensuring maximum security of the data and providing a solution that would facilitate everyday work with data. The tool was to be simple and possible to use in several departments by users with different levels of technical skills. An additional benefit was to unburden IT specialists from the tasks related to preparing data and ad hoc reporting.
The challenge
- Meeting the highest data security standards.
- Due to the specificity of the project, it was not possible to use cloud solutions.
- The tool was to be intuitive and easy to use.
Solution
At Inetum, we have over 10 years of experience in implementing projects for clients from the financial industry, which means that we understand the needs and requirements of the banking sector. Thanks to this, our Business Intelligence specialists could offer the best solutions and support the client in making the final decision.
After cooperative analysis, the client finally decided on Microsoft Power BI Report Server, which meets all the client’s requirements.
- Power BI Report Server is an implementation of Power BI running as part of a local reporting server, and it is fully controlled by the IT department.
- Power BI, on the other hand, is an intuitive reporting application that allows for the easy integration of data from various sources and building interactive and highly efficient reports.
- The Power BI system is a Microsoft tool that guarantees strict security standards – including for clients operating in the most demanding sectors, such as the banking industry.
Summary
Thanks to an in-depth analysis of the usage scenarios conducted during sessions dedicated to architecture, we offered a cost-effective licensing solution and supported the client in purchasing the necessary licenses and installing servers. After the implementation, we also conducted training for the bank’s business employees and IT administrators – a total of 30 people. The result of the implementation of Microsoft Power BI is significantly greater awareness among bank employees at every level in the area of data and options for using it. This is a very important aspect of successful implementation. Providing widespread access to data and reports in the long term can often be considered the most important effect of choosing a modern reporting platform.