IndusInd Selects iCreate's Biz$core BI Solution

IndusInd Bank has announced the selection of iCreate’s Biz$core Business Intelligence (BI) solution as a key component of its enterprise BI strategy. With Biz$core’s Enterprise BI solution, IndusInd Bank can now benefit from a fully functional BI solution with advanced coverage of all business units and manage regulatory reporting as well.

IndusInd Bank made this choice for establishing a robust information management ecosystem with 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.

“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, Chief Operating Officer, IndusInd Bank.

More from Biztech

Future Group - Reliance Retail Deal approved by CCI RBI ban on cryptocurrencies takes effect; prohibition could force investors to tap the black market

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

“We are delighted to partner with an innovative bank like IndusInd Bank in their BI and Analytics journey. I am confident that Biz$core will not only help them in their BI journey but also help them gain a competitive advantage,” added Vivek Subramanyam, CEO, iCreate.