Information Builders Case Studies Heartland Financial Resolves Data Management Challenges

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	Heartland Financial Resolves Data Management Challenges Information Builders

Heartland Financial Resolves Data Management Challenges

Information Builders

Technology Category	Analytics & Modeling - Real Time Analytics Application Infrastructure & Middleware - Data Exchange & Integration
Applicable Industries	Finance & Insurance
Applicable Functions	Business Operation
Use Cases	Predictive Maintenance Regulatory Compliance Monitoring
Services	Data Science Services System Integration
Challenge	Heartland Financial, a multibank holding company, was growing rapidly through the acquisition of small regional banks. This led to a jumble of disparate information systems and data repositories, making it difficult to create consistent reports. Compliance and audit teams frequently experienced continuity issues, and reports from different departments using the same data sometimes had conflicting totals. Business users were sidetracked verifying the accuracy of the data rather than using it to help customers resolve problems. Regulatory challenges were putting a much greater emphasis on day-to-day analytics and reporting. The board of directors needed consistent monthly and quarterly basis for sound operational decision-making. Read More
About Customer	Heartland Financial USA, Inc., founded in 1981, is a multibank holding company offering banking solutions for business and personal clients. It is one of the top 100 bank holding companies nationwide, delivering high-quality financial products and services to clients in the Midwestern, Southwestern, and Western U.S. Heartland is growing quickly through the acquisition of small regional banks. After acquiring numerous banking entities, the company found itself with an assortment of disparate information systems, resulting in many different types of customer, regulatory, and core banking data. Read More
Solution	Heartland Financial decided to use WebFOCUS and InfoAssist to directly address data sources where they reside, resolving its urgent information needs without having to commit to a long and costly data warehouse initiative. WebFOCUS provides approximately 80 percent of what Heartland sought from a data warehouse – at a fraction of the time and cost. Heartland is now leveraging WebFOCUS to improve decision-making throughout the multi-bank network. The BI software delivers vital, timely, and actionable insight that can positively impact every process and activity across the entire financial services spectrum. Heartland is using Information Builders’ InfoAssist™, an end-user self-service BI tool, which puts information at departments’ fingertips. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Application Infrastructure & Middleware - Data Exchange & Integration

Applicable Industries

Finance & Insurance

Applicable Functions

Business Operation

Use Cases

Predictive Maintenance

Regulatory Compliance Monitoring

Services

Data Science Services

System Integration

Challenge

Heartland Financial, a multibank holding company, was growing rapidly through the acquisition of small regional banks. This led to a jumble of disparate information systems and data repositories, making it difficult to create consistent reports. Compliance and audit teams frequently experienced continuity issues, and reports from different departments using the same data sometimes had conflicting totals. Business users were sidetracked verifying the accuracy of the data rather than using it to help customers resolve problems. Regulatory challenges were putting a much greater emphasis on day-to-day analytics and reporting. The board of directors needed consistent monthly and quarterly basis for sound operational decision-making.

About Customer

Heartland Financial USA, Inc., founded in 1981, is a multibank holding company offering banking solutions for business and personal clients. It is one of the top 100 bank holding companies nationwide, delivering high-quality financial products and services to clients in the Midwestern, Southwestern, and Western U.S. Heartland is growing quickly through the acquisition of small regional banks. After acquiring numerous banking entities, the company found itself with an assortment of disparate information systems, resulting in many different types of customer, regulatory, and core banking data.

Solution

Heartland Financial decided to use WebFOCUS and InfoAssist to directly address data sources where they reside, resolving its urgent information needs without having to commit to a long and costly data warehouse initiative. WebFOCUS provides approximately 80 percent of what Heartland sought from a data warehouse – at a fraction of the time and cost. Heartland is now leveraging WebFOCUS to improve decision-making throughout the multi-bank network. The BI software delivers vital, timely, and actionable insight that can positively impact every process and activity across the entire financial services spectrum. Heartland is using Information Builders’ InfoAssist™, an end-user self-service BI tool, which puts information at departments’ fingertips.

Impact #1	Improved decision-making with vital, timely, and actionable insight across the entire financial services spectrum.
Impact #2	Reduced labor costs.
Impact #3	Improved data accuracy.

Impact #1

Improved decision-making with vital, timely, and actionable insight across the entire financial services spectrum.

Impact #2

Reduced labor costs.

Impact #3

Improved data accuracy.

Benefit #1	Reports that previously took three weeks to deliver using the Microsoft tools can be created in a matter of minutes with InfoAssist.

Benefit #1

Reports that previously took three weeks to deliver using the Microsoft tools can be created in a matter of minutes with InfoAssist.

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Overview

Heartland Financial Resolves Data Management Challenges

Operational Impact

Quantitative Benefit