Legacy software made it difficult and time-consuming for Piraeus Bank Egypt (PBE) staff to extract data scattered among many systems for internal analyses of the business as well as for the reports demanded - often at short notice - by its banking regulator.
Therefore, PBE deployed a Microsoft data warehouse and business intelligence (BI) tool to boost performance and response times, while being user-friendly.
The system, based on the SQL Server 2012 Enterprise and on SharePoint Server Enterprise productivity, fitted well with the Microsoft systems which employees were already familiar with, such as Excel and SharePoint.
The system has allowed PBE itself to develop more and more applications. Moreover, the bank, part of the Piraeus Bank Group in Greece, plans to introduce services such as management dashboard, scorecards, alerting, data mining and advanced data cleansing.