Recently, the "Internet Weekly" of the Chinese Academy of Sciences and eNet Research Institute jointly released the "2023 Top 100 Future Banking Technology Service Providers" enterprise list. Sematic was listed on the list as a "business intelligence BI product" with its unique advantages in financial technology innovation and outstanding achievements in the practice of bank digital transformation.
It is understood that the "Top 100 Banking Technology Service Providers of the Future" list mainly focuses on service providers that have long-term contributed to the digitalization of the banking industry, focusing on the company's financial technology strength, efficient service capabilities, and existing cooperation case results. As a domestic BI leader with the largest number of large-scale financial customers, Sematic is committed to helping major financial institutions give full play to the value of data and accelerate digital transformation by providing one-stop product solutions, consulting planning and professional services. At present, Sematic software has been recognized by more than 300 leading banks, of which the six major state-owned commercial banks have been fully covered, 9 of the top 10 domestic banks in the world's top 500 have been covered, 8 of the 12 joint-stock banks have been covered , and the policy bank Smartbi More than half covered.
▍A solution that is more suitable for the needs of financial institutions
As we all know, customers in the financial industry are very "choosy" in the process of selecting service providers, and have high requirements for products, performance, and services. After more than 10 years of tempering in more than 1,000 large-scale financial customer projects, Sematic software has precipitated many financial value scenarios and solutions, which can fully meet the requirements of financial users for high performance, high stability, and high security , and are of great importance to financial institutions. The pain points and needs of data-based operations have a deeper understanding. Smartbi launched a data portal solution to provide financial customers with integrated data navigation, application store, interactive community, personalized portal and other functions. In addition, in order to improve the penetration rate of self-service analysis, Smartbi does not blindly seek the route of data visualization, but multi-point flowering , from NLA to Office integration, from ad hoc query to data visualization, provides a set of combined punches. In addition, Smartbi also launched an ABI platform solution centered on indicators , which seamlessly integrates the financial industry indicator database, indicator management process, and indicator application analysis into BI product functions, and solves the structural problem of data center and data analysis separation. It provides a more efficient solution to improve the data management level of financial institutions.
▍Best Practices of Bank Digitalization
As far as practice is concerned, through in-depth cooperation with Sematic, many banking institutions have established strong digital management and operation capabilities, effectively improving the business insight and decision-making efficiency of internal management, allowing data to quickly generate value, and making every Every business person becomes a data analyst.
For example, in the Aladdin project that Sematic and Minsheng Bank cooperated with , Minsheng Bank had already built a data warehouse before Smartbi entered into it, realizing the collection of data from multiple systems. However, due to the lack of effective BI tools, a large number of daily report analysis work performed by business personnel requires in-depth support from IT personnel, which is relatively inefficient. After Smartbi's self-service analysis platform was successfully delivered within Minsheng Bank, business personnel conducted self-service data exploration on thousands of tables in more than 10,000 application scenarios a year based on Smartbi, and successfully discovered a large number of high-net-worth customers. Provided more than 10% profit contribution to Minsheng Bank's front-line business departments.
In addition, in order to solve the three major problems of "difficult to obtain data", "difficult to use" and "difficult to manage data" in banks, and to minimize the cost investment of manpower, time, and R&D resources, after internal deliberations, Bank of Chongqing decided to join hands Smartbi, build a new intelligent data analysis platform, and promote it to the digital finance department, personal finance department, risk management department, branches and other departments in the bank. After the project is implemented, bank business personnel can independently and quickly build data analysis applications through the data analysis platform, drive business intelligence with technological intelligence, deeply integrate technology and business, and achieve a higher level of balance between efficiency, cost, and risk. At the same time, the project was successfully listed in the "2022 IDC Financial Technology Application Innovation Award", which indicates that Chongqing Finance's technological innovation capabilities have been recognized by international authoritative organizations.
The above cases are just the epitome of how Sematic software can deeply empower banks and other financial institutions. As an active promoter of financial digital transformation, Sematic has formed one-stop products and services, including data filling, data processing and modeling, index management, data analysis, mining and AI applications, etc., which fully meet the needs of banks, etc. Financial institutions urgently need digital transformation.
In the future, Sematic will continue to focus on the development trend of the financial industry, dig deep into financial business application scenarios, and help financial institutions accelerate the release of data value, making financial services more inclusive, convenient, and smarter. While deeply cultivating the financial industry, Sematic Software will also continue to consolidate the customer base in the expanded industry, and is committed to providing more intelligent, efficient, and easy-to-use BI product solutions for thousands of industries, helping the digital economy and jointly building Digital China!