iCreate to deploy Biz$core BI soln at IndusInd

MUMBAI, INDIA: IndusInd Bank on Monday announced that it has selected iCreate’s Biz$core Business Intelligence (BI) solution as a key component of their enterprise Business Intelligence strategy.

With Biz$core’s BI solution, IndusInd Bank can now benefit from a fully functional BI solution with advanced coverage of all Business Units as well as manage Regulatory Reporting, said a press release.

IndusInd Bank made this choice for establishing an information management ecosystem with a quick implementation at a low total cost of ownership. The bank has sought an Enterprise BI solution that would dovetail seamlessly with all transactional systems and provide a single view of business critical insights.

Further, an Enterprise BI solution helps to analyze organizational data to measure and track business performance, improve operational efficiencies as well as support business strategy. The implementation of iCreate’s Biz$core solution will also help the bank in addressing RBI’s recent Automated Data Flow compliance.

“We were looking for a technology partner who could bring a banking-specific enterprise BI solution to the table to manage informational needs of the Bank effectively — both on the business side as well as the compliance side. This tie-up will assist the bank in providing a single platform that can now be used for all our enterprise BI requirements,” said Paul Abraham, COO, IndusInd Bank.