Explore insightful blog posts from the BlueGranite team covering banking, insurance, and capital markets topics and scenarios.
Clients prize a global insurance giant for its custom coverage, product diversity, and worldwide presence. Specialized offerings in multiple markets have cemented the company’s foothold as an industry trailblazer. When leaders here wanted to increase service speed and agility, they explored the possibility of expanding their business intelligence platform to the cloud.
Accuracy is crucial when it comes to managing money – especially when tackling hundreds of millions of dollars in annual revenues. A U.S.-based financial services powerhouse monitors its money and operations with precision, but the complex process was recently on the verge of becoming a major headache. The company’s services division handles all efforts from the consumer banking department, including checking, loans, and wire transfers. To better understand the function and performance of each department under its umbrella, the services division was tracking over 600 metrics manually every month. As the company grew, so did the data – adding more complexity.
Waiting on developers for crucial business insights can be costly. That’s why the internal spending and accounting division of a U.S.- based insurance trailblazer decided to take matters into its own hands. The forward-thinking group made the decision to step off the reporting treadmill – that endless cycle of business users asking developers for reporting revisions, waiting weeks for request fulfillment, then starting the cycle over by asking for additional changes. In the process of forging a new path, it discovered major savings.
Jon Gore is BlueGranite's U.S. Financial Services Lead, working with our largest accounts within insurance, banking, and capital markets on modern data platform, modern BI, and AI solutions. Jon has worked within the industry for 20+ years, first with Hyperion and then as a Data & BI Specialist at Microsoft.
