Business intelligence that is derived from a data warehouse is the lifeblood of an enterprise, especially for the financial industry. The information is necessary to optimize customer interactions, business processes, and, most importantly, a competitive advantage.
A data warehouse identifies and extracts valuable information to be used for business intelligence. The Fiserv InformEnt® Data Warehouse offers an integrated data model that logically categorizes information in a warehouse to facilitate cross-application reporting, analytics and intelligence. By establishing an enterprise-wide foundation for decision-making, financial institutions can preserve investments in operational systems and enhance performance.
Having a single view of a business through an enterprise-wide data warehouse provides an enormous competitive advantage. It is the foundation for consistent service and improved sales. InformEnt combines customer, relationship, and account information from various disparate systems into one consolidated view. When banks are added through mergers or acquisitions, additional systems can be incorporated.