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Successful Implementation of Analytics and Performance Management in Financial Institutions
The Asian Banker, March 2007, Pages: 55
Strategic organisation for successful analytics and performance management.
ABOUT THIS DOCUMENT
This document contains a report published by Asian Banker Research.
DESCRIPTION OF THIS DOCUMENT
Performance analytics is key to developing intelligence and actionable insights to meet banks objectives and projections.
Banks are putting more focus on extending performance analytics to performance management which comprises consolidation of data, analysis, processes and tools, and to utilise these to manage and improve future business performance. This ability can lead to distinct competitive advantage to banks
The report discovers that the critical requirements for good analysis are first, having integrated data and ready access to information. Second, trained, experienced manpower and right organisation structure. Third, technical ability and tools to facilitate futuristic analysis. Finally, the bank should have a feedback system to learn from its past analysis and their success rate.
To help banks with the strategic organisation and successful implementation of performance and consumer analytics for better performance management, The Asian Banker has published Successful Implementation of Analytics and Performance Management in Financial Institutions, the definitive resource with practical information.
Who is this report for:
This report is essential reading for Head of Consumer Analytics, Head of Consumer Banking and Head of Strategic Planning.
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