Information Technology is today driving changes in Indian banks at an extraordinary pace. Although absorption of Core Banking Solutions, Internet banking, etc. have made it easy for banks to capture and store data, banks have not been able to make fullest use of such data for strategic business positioning. To compete successfully in critical areas like customer relationship management, risk management, etc, data silos must be integrated across the bank to create Business Intelligence (BI). It is important for banks to shift from the traditional approach of “knowledge verification” to “knowledge discovery” by deploying Data Mining solutions. This will help them in their customer profiling, and customer segmentation areas to evolve focused strategies to garner new business. The BI tools providing analytics, modelling and forecasting will enable banks to develop a complete and dynamic analysis of all their customers and will also help them in understanding various financial and risk-related transactions that must be reported as part of an ongoing compliance effort.

The objectives of this workshop was to equip the participants to understand and appreciate concepts of Business Intelligence and Data Mining, and application of these Technologies in the Bank

The contents of this workshop are Introduction to Business Intelligence, Overview of Data Warehousing and OLAP, BI Tool: Demonstration, Explanation and Hands-on Experience (Exercise on Dimensionality Modelling, Report Generation, Dashboard Creation), Data Mining Concepts, Techniques and Demonstrations, Data Quality Issues, and Experience Sharing by Senior Bankers / IT Professionals

Objectives

The workshop will equip the participants to understand and appreciate:

• Concepts of Business Intelligence and Data Mining, and
• Application of these technologies in the bank.

Contents

• Introduction to Business Intelligence
• Overview of Data Warehouse and OLAP
• BI Tool: Demonstration, Explanation and Hands-on Experience
  • Exercise on Dimensionality Modelling
  • Report Generation
  • Dashboard Creation
• Data Mining Concepts, Techniques and Demonstrations
• Intelligent Systems
• Data Warehousing Project Management
• Data Quality Issues
• Experience Sharing by Senior Bankers / IT Professionals

Who Should Attend?

• At least two participants from each Bank.
  • One from Senior / Middle Management of: IT, MIS Departments
  • One from Senior / Middle Management of: Business Planning, Business Development, Marketing Departments with some exposure to Database Management Systems

Methodology

The Workshop will be highly interactive in nature. It will be based on conceptual sessions, sharing of experiences by senior bankers and professionals from IT industry, demonstration and hands-on practice sessions.

Mr. Sanjay Mehta, CEO, MAIA Intelligence Pvt. Ltd. was invited by Dr. (Mrs.) Alka Vaidya, Workshop Coordinator, National Institute of Bank Management (NIBM), Pune, India to share company's BI experience in BFSI sector and present insights on Operational Business Intelligence (BI).