Preventive maintenance of HVAC systems
Prevention is better than cure – a manufacturing success story Industries dealing with perishable goods are prone to losses due to equipment malfunction- using technology
Home / Case Study / Data-led Digital Transformation Redefines Bank
Unlocked legacy mainframe data from core systems into an intelligent data lake creating a single pane of glass view for all business data.
A major American regional bank’s legacy systems were dulling its competitive edge. We helped them unlock legacy mainframe data from core systems into an intelligent data lake creating a single pane of glass view for all business data. Real-time channels and downstream systems could access this data through the Data-as-an-API
approach using IFX and BIAN messaging standards.
There was a general sense within the bank that it was falling behind the competition due to multiple challenges, especially in SMB business, M&A integration, and Regulatory & compliance-related data issues. For instance
These challenges affected business, especially the higher costs paid per compute cycle that adversely impacted the bottom line. The bank was running out of time to fix these issues, as any enterprise solution would need a three-year timeline to implement.
The client partnered with SLK to enable data-led digital transformation. SLK’s consultants, with a deep banking domain understanding and data and digital expertise, assessed the current situation. Based on our due diligence, we conceptualized, designed, and implemented the solution with a focus on business, architecture, and data consulting. The key elements of this solution included:
Technology Used:
Increase in digital
platform adoption
Increase in
mobile deposits
Increase in
retail business
Increase in
e-bill subscription
Increase in
account openings
Our team’s data-led digital solution helped the client create an enterprise data platform. We brought in a single pane of glass view of the bank’s customers, creating cross and upsell opportunities to drive more business. This omnichannel solution also helped them achieve superior customer experience.
Prevention is better than cure – a manufacturing success story Industries dealing with perishable goods are prone to losses due to equipment malfunction- using technology
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