Kick start your bank's BI initiative with Biz$tart
This is Ground Zero for BI at your bank. A time-bound standalone consulting engagement that will enable building clarity around your BI needs, evaluating your current situation, and creating a BI roadmap, while sensitising stakeholders across your organisation to the business benefits from a BI initiative.
A Biz$tart exercise comprises the following phases.
Discover:
In this phase, the team understands the bank’s organizational goals and derives long term BI/reporting and performance management needs. We then review the “as-is” data structures to evaluate how information needs are currently being met and identify opportunities and issues in meeting business goals.
Envision and Elaborate:
In this stage, the team understands the “to-be” solution and creates a comprehensive list of BI needs based on a prioritization of business and information needs. Data availability and quality and related infrastructure needs and readiness are also analyzed. We evaluate ability of the information architecture to handle load fails and recovery. We then detail the solution architecture and gaps to be handled.
Define:
The team then draws a high level solution blueprint detailing the advantages of the solution and roadmap for an effective BI solution. The team also provides consulting on various technological choices available to the bank and our recommendations based on the bank’s needs.
Biz$tart Deliverables
A Biz$tart exercise comprises the following phases.
Discover:
In this phase, the team understands the bank’s organizational goals and derives long term BI/reporting and performance management needs. We then review the “as-is” data structures to evaluate how information needs are currently being met and identify opportunities and issues in meeting business goals.
Envision and Elaborate:
In this stage, the team understands the “to-be” solution and creates a comprehensive list of BI needs based on a prioritization of business and information needs. Data availability and quality and related infrastructure needs and readiness are also analyzed. We evaluate ability of the information architecture to handle load fails and recovery. We then detail the solution architecture and gaps to be handled.
Define:
The team then draws a high level solution blueprint detailing the advantages of the solution and roadmap for an effective BI solution. The team also provides consulting on various technological choices available to the bank and our recommendations based on the bank’s needs.
Biz$tart Deliverables
- Business BI and Analytics needs
- Current State Analysis
- Prioritized list of BI needs
- Data, Process and Infrastructure upgrade needs
- Assessment Reports
- High-level solution
- Solution Roadmap
- Business Case
