Introduction

Established in 1981, IPDC is the first private sector financial institution in the country. Offering a wide array of products and services ranging from corporate finance to retail wealth management, IPDC faced several challenges in data analysis and reporting. Collaborating with VSONE WORLD, they implemented an advanced analytics solution using Tableau.

Challenge

IPDC’s diverse offerings across corporate, SME, and retail sectors posed several challenges:

• Daily Time Management Reporting: Efficient reporting of time management metrics.
• Branch-level Reports Preparation: Consolidated reports for individual branches.
• Advanced HR Analysis: Enabling the HR team to conduct in-depth analysis on recruitment, performance, and training.

Solution

Analytics and Data Visualization (By Expert One)

The solution developed by VSONE WORLD encompassed the following:

• Tableau Dashboard Creation: A comprehensive dashboard for daily overview analysis, starting from the highest level of granularity down to the individual account level.
• Customized Reporting: Tailoring the analytics to meet the specific needs of different departments, including HR.
• Row-Level Security: Utilizing Tableau’s security features to protect branch-level data.

Impact on Financial Services and Data Security (By Expert Two)

The implementation of the Tableau solution resulted in:

• Enhanced Business Insights: Enabling analysis from company level down to individual accounts, unlocking potential business benefits.
• HR Analytics Empowerment: Providing the HR team with tools to analyze recruitment time, performance appraisals, and training distribution.
• Data Security Assurance: Ensuring branch-level data security through Tableau’s robust security measures.

Result

The collaboration between IPDC and VSONE WORLD led to a transformative analytics solution that not only streamlined reporting and analysis but also fortified data security. The ability to analyze data at various levels has empowered IPDC to identify new business opportunities and optimize HR functions.

Conclusion

This case study highlights the significance of tailored analytics solutions in the financial services sector. By understanding the unique challenges faced by IPDC and devising a solution that addressed those needs, VSONE WORLD showcased the power of analytics in driving business growth and efficiency. The project serves as a beacon for other financial institutions looking to leverage data for better decision-making and security. It emphasizes the essential role that data visualization and analytics play in the modern financial landscape.