Qlik Case Studies Nationwide Commercial Enhances Loan Portfolio Analysis with QlikView

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	Nationwide Commercial Enhances Loan Portfolio Analysis with QlikView Qlik

Nationwide Commercial Enhances Loan Portfolio Analysis with QlikView

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Technology Category	Analytics & Modeling - Predictive Analytics Analytics & Modeling - Real Time Analytics
Applicable Industries	Finance & Insurance
Use Cases	Predictive Maintenance Real-Time Location System (RTLS)
Services	Data Science Services System Integration
Challenge	Nationwide Commercial, a division of Nationwide Building Society, faced the increasing challenge of analysing millions of rows of “big data” about its loans portfolio. The division wanted a holistic view of key strategic data and metrics from a number of sources, including its ProMS property risk management system. The aim was to maximise investment returns and portfolio performance, while reducing operational risk and improving ease of compliance. By improving the quality and speed with which it can answer queries or produce on-demand reports, Nationwide Commercial can assess the characteristics and relationships of its commercial loan book more effectively. Read More
About Customer	Nationwide Commercial is a division of Nationwide Building Society, with four specialisations-business savings, property finance, project finance, and housing finance. The company has around 800 branches and 15 million members. As other building societies consolidate or convert to public stock holding companies, Nationwide remains committed to staying mutual-owned by its members, not by shareholders-and has only continued to grow in size. Nationwide Commercial has a lending portfolio of around £20 billion (US$31 billion) spread across a range of sectors, including office, residential, industrial, retail, and leisure. The portfolio is comprised of £10.2 billion secured on commercial property, £8.4 billion to registered social landlords, and £1.4 billion advanced under project finance, principally via the UK Government Private Finance Initiative, which supports major public sector infrastructure projects. Read More
Solution	Nationwide Commercial deployed QlikView initially to senior managers to monitor the lending portfolio. The firm also wanted to give senior managers access to QlikView on iPad and other tablet devices in future. A major consideration was for the user team to understand the true business discovery benefits of working with QlikView associative in-memory technology on a self-service basis. In addition, Nationwide Commercial valued the “what if?” analysis feature in QlikView, which simulates how historical or estimated values change given different parameters. Nationwide Commercial found it easy to implement this analysis in a QlikView dashboard, and users have gained impressive results on a self-service basis without having to involve IT technicians. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Predictive Analytics

Analytics & Modeling - Real Time Analytics

Applicable Industries

Finance & Insurance

Use Cases

Predictive Maintenance

Real-Time Location System (RTLS)

Services

Data Science Services

System Integration

Challenge

Nationwide Commercial, a division of Nationwide Building Society, faced the increasing challenge of analysing millions of rows of “big data” about its loans portfolio. The division wanted a holistic view of key strategic data and metrics from a number of sources, including its ProMS property risk management system. The aim was to maximise investment returns and portfolio performance, while reducing operational risk and improving ease of compliance. By improving the quality and speed with which it can answer queries or produce on-demand reports, Nationwide Commercial can assess the characteristics and relationships of its commercial loan book more effectively.

About Customer

Nationwide Commercial is a division of Nationwide Building Society, with four specialisations-business savings, property finance, project finance, and housing finance. The company has around 800 branches and 15 million members. As other building societies consolidate or convert to public stock holding companies, Nationwide remains committed to staying mutual-owned by its members, not by shareholders-and has only continued to grow in size. Nationwide Commercial has a lending portfolio of around £20 billion (US$31 billion) spread across a range of sectors, including office, residential, industrial, retail, and leisure. The portfolio is comprised of £10.2 billion secured on commercial property, £8.4 billion to registered social landlords, and £1.4 billion advanced under project finance, principally via the UK Government Private Finance Initiative, which supports major public sector infrastructure projects.

Solution

Nationwide Commercial deployed QlikView initially to senior managers to monitor the lending portfolio. The firm also wanted to give senior managers access to QlikView on iPad and other tablet devices in future. A major consideration was for the user team to understand the true business discovery benefits of working with QlikView associative in-memory technology on a self-service basis. In addition, Nationwide Commercial valued the “what if?” analysis feature in QlikView, which simulates how historical or estimated values change given different parameters. Nationwide Commercial found it easy to implement this analysis in a QlikView dashboard, and users have gained impressive results on a self-service basis without having to involve IT technicians.

Impact #1	Delivered self-service business intelligence capability to senior managers
Impact #2	Helped users better understand forecast risk on commercial loans
Impact #3	Improved the accuracy of monthly reporting

Impact #1

Delivered self-service business intelligence capability to senior managers

Impact #2

Helped users better understand forecast risk on commercial loans

Impact #3

Improved the accuracy of monthly reporting

Benefit #1	Fully functional loan portfolio application live in 10 days
Benefit #2	ProMS forecast loan behaviour application live in 6 days

Benefit #1

Fully functional loan portfolio application live in 10 days

Benefit #2

ProMS forecast loan behaviour application live in 6 days

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Overview

Nationwide Commercial Enhances Loan Portfolio Analysis with QlikView

Operational Impact

Quantitative Benefit