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BusinessObjects: Analytics solutions for the financial industry

SAP BusinessObjects BI in a complex IT landscape

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Financial institutions are characterized by an extremely extensive landscape of IT systems. The increasing complexity of an IT infrastructure not only generates higher costs, but is also a major obstacle to access to information. Therefore, Business Intelligence solutions are increasingly important in the financial industry. They combine data from different sources and have a user-friendly interface as well as powerful capabilities of searching, presenting and inferring based on available data. A family of SAP BusinessObjects BI solutions is a leader among the available analytics solutions.
 

An extremely extensive IT infrastructure

The financial industry entities, i.e. banks, insurance companies, leasing institutions, investment fund companies, brokerage houses, are often among the country’s largest enterprises. In these huge companies, the IT issues play a special role. In the financial services industry, the computerization is becoming a key tool in the fight for customers and market share – it is enough to say that more than half of the Polish population has access to internet banking. Additionally, a distinguishing feature of the industry is the fact that due to the required stability of IT solutions and specific legal conditions it is necessary to preserve and maintain the old parts of the systems, which often operate in parallel with their newer counterparts. The provision of new services and offering new products result in adding new software components to the existing landscape on a continuous basis.

The ever increasing complexity of the IT infrastructure not only raises its maintenance costs, but also significantly hinders access to information. That is why the financial industry needs analytical applications that are able to coherently combine data from different systems, and that have a user-friendly interface and ...

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  1. Personal data is processed pursuant to Article 6 (1) (a) of the Regulation of the European Parliament and of the Council (EU) 2016/679 of April 27, 2016 – the General Data Protection Regulation
  2. The data controller is SNP Poland Sp. z o.o. with its registered office in Złotniki, ul. Krzemowa 1 62-002 Suchy Las. Contact data of the Data Protection Supervisor: dpo.pl@snpgroup.com.
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  7. Personal data may be made available to other entities from the group that SNP Poland Sp. z o.o. is part of – also located outside the European Economic Area, for marketing purposes. SNP Poland ensures that the data provided to these entities is properly secured, and the person whose data is processed has the right to obtain a copy of the data provided and information on the location of the data provision.

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  1. Personal data is processed pursuant to Article 6 (1) (a) of the Regulation of the European Parliament and of the Council (EU) 2016/679 of April 27, 2016 – the General Data Protection Regulation
  2. The data controller is SNP Poland Sp. z o.o. with its registered office in Złotniki, ul. Krzemowa 1 62-002 Suchy Las. Contact data of the Data Protection Supervisor: dpo.pl@snpgroup.com.
  3. Consent to data processing is voluntary, but necessary for contact. Consent may be withdrawn at any time without prejudice to the lawfulness of the processing carried out on the basis of consent prior to its withdrawal.
  4. The data will be processed for the purposes stated above and until this consent is withdrawn, and access to the data will be granted only to selected persons who are duly authorised to process it.
  5. Any person providing personal data shall have the right of access to and rectification, erasure, restriction of processing, the right to object to the processing and to the transfer of data, the right to restriction of processing and the right to object to the processing, the right to data transfer.
  6. Every person whose data is processed has the right to lodge a complaint with the supervisory authority, which is the President of the Personal Data Protection Office (ul. Stawki 2, 00-193 Warsaw).
  7. Personal data may be made available to other entities from the group that SNP Poland Sp. z o.o. is part of – also located outside the European Economic Area, for marketing purposes. SNP Poland ensures that the data provided to these entities is properly secured, and the person whose data is processed has the right to obtain a copy of the data provided and information on the location of the data provision.

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