Like any financial institution, your bank uses several systems to conduct operations. Each specialized banking software suite is designed to perform dedicated functions while generating a significant amount of data in the process.
Unfortunately, these different systems are rarely designed to share their data with each other. This lack of integration poses a challenge when you are trying to understand what your data is telling you so that you can paint a clear picture of your organizational health.
As a result, many financial institutions rely on human analysts to manually access, analyze and generate reports from the various systems within a bank, representing a significant investment in time and money.
TruData’s QlikFI makes a lack of banking system integration a thing of the past. The software accesses and compiles data from all of your systems, and gives you the power to analyze it thoroughly thanks to robust business intelligence tools.