Contract for implementation of data warehouse solution

Asseco SEE in Serbia and Komercijalna banka Beograd have signed a contract regarding implementation of Asseco SEE’s advanced solution for banking data warehouse – “ASEBA Tezauri Banking Data Warehouse” (BDW).

Asseco SEE in Serbia and Komercijalna banka Beograd have signed a contract regarding implementation of Asseco SEE’s advanced solution for banking data warehouse – “ASEBA Tezauri Banking Data Warehouse” (BDW). Komercijalna banka Beograd, one of the largest banks in Serbia, will use “ASEBA Tezauri BDW” to increase utilization of existing systems for business intelligence and provide valuable information and decision support to the Bank’s managers and analysts.

“ASEBA Tezauri BDW” represents central repository of data aggregated from different internal and external sources. The collected data are filtered, aggregated and structured in a manner that allows fast searching and advanced analysis. Implementation of “ASEBA Tezauri BDW” brings reliable source of information that provides unique view of Bank’s customers, products and services in relation to any kind of specific user requirements. Also, "ASEBA Tezauri BDW" provides timely strategic decision making based on information obtained by scorecard methodology. Use of "ASEBA Tezauri BDW" secures compliance with regulations and standards of the National Bank of Serbia.

“With implementation of solution for banking data warehouse, Komercijalna banka Beograd receives a basis for an entirely new dimension in the reporting process. This creates opportunities for generation of very complex and analytical reports for monitoring and performance management of risk, customers and for preparation and control of regulatory reports. In this way, quality and timely information can significantly improve decision-making process. This is a very important project considering both short and long-term goals. In the short term, it provides a new perspective on tracking and measuring profitability and in the long-term, the Bank will receive strong reporting infrastructure based on the flagship data for banks and financial institutions in general," said Đorđe Veličkovski, project leader and Head of Business Intelligence services in Komercijalna banka Beograd.

“I have to express my great satisfaction for having the opportunity to continue our long-term successful cooperation with Komercijalna banka Beograd. With this project, Bank will receive the analytical basis for reporting in order to measure profitability and to monitor key business performances. Also, the project will set solid ground for the future implementation of reporting and analytical applications in the areas of risk management, financial performance, customer relationship management and legislation” said Zoran Popović, Business Intelligence Product Line Manager in Asseco SEE.