Finacle operational data store empowers banks with a secure and reliable technology
infrastructure to derive optimal value from data, and meet a whole range of operational,
business and strategic objectives. This is enabled through support for data access and
retrieval on demand. The store can be effectively leveraged to meet the bank’s demand for
business analytics, with format and feature-rich reports that can be extensively customized.
The easy-to use and comprehend, operational data store provides decision makers an
anytime-anywhere unified view of the bank’s structured operational data. It guarantees high
fidelity and consistency across reporting, playing a pivotal in transforming key institutional
data into measurable performance indicators.
Finacle operational data store provides banks an efficient and effective means of meeting their regulatory, analytical and MIS reporting requirements. This streamlines data dissemination processes and enables decision-makers to respond to business imperatives with greater agility.
Finacle operational data store takes on the rigours of managing operational data, relieving OLTP and other transactional systems at the bank off the load. This eliminates the need for access to the production database for generation of reports, significantly enhancing performance of the transactional infrastructure.
The store ensures consistent and accurate data input to drive strategic decisions at the bank. It also plays a vital role in mitigating the risk of non-compliance with regulations, by enabling decision-makers to understand the real position of the business vis-à-vis regulatory imperatives.
The deployment of Finacle operational data store enables a relatively cost-efficient means of managing the bank’s reporting and analytical data requirements. Greater automation and reduced human error through lesser interventions lead to increased cost and time savings.