Denodo Technologies Case Studies Nedbank: Simplifying Data Infrastructure with a Logical Data Warehouse

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	Nedbank: Simplifying Data Infrastructure with a Logical Data Warehouse Denodo Technologies

Nedbank: Simplifying Data Infrastructure with a Logical Data Warehouse

Denodo Technologies

Technology Category	Functional Applications - Warehouse Management Systems (WMS) Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries	Finance & Insurance Retail
Applicable Functions	Product Research & Development Warehouse & Inventory Management
Use Cases	Construction Management Picking, Sorting & Positioning
Challenge	Nedbank Group, one of the four largest banks in South Africa, was facing a significant challenge with its data infrastructure. The bank, which serves 7.5 million customers, of which 2.3 million are digitally active, was loading six terabytes of data into its operational data store and data marts on a daily basis. This sheer volume of data was proving to be a challenge for the bank's IT infrastructure to process and manage. The complexities posed by traditional data models were also a hurdle for data consumers within the organization. The bank needed a solution that would simplify its data infrastructure, reduce data integration costs, and provide a single interface for accessing all types of data within the organization. Read More
About Customer	Nedbank Group is a leading financial services group in South Africa, offering a range of services including wholesale and retail banking, insurance, asset management, and wealth management. It is one of the four largest banks in the country, serving 7.5 million customers, of which 2.3 million are digitally active. The bank has been recognized for its innovative approach to banking, receiving five accolades at the International Banking awards, including Best Banking Platform and Most Innovative Digital Products Branch Design. Read More
Solution	To address these challenges, Nedbank implemented the Denodo Platform, which allowed the bank to create a single interface for accessing data. This solution eased the complexities posed by traditional data models and reduced data integration costs. Following this, Nedbank virtualized its entire legacy data warehouse, a target state data lake, and several data marts and business data stores. This effectively made the Nedbank Denodo implementation one of the largest, if not the largest, logical data warehouses on the planet. By combining the data sources through the logical data warehouse, Nedbank was able to achieve significant efficiencies and spearhead a series of new data-driven initiatives. Read More Log in to view content
Contents

Technology Category

Functional Applications - Warehouse Management Systems (WMS)

Platform as a Service (PaaS) - Application Development Platforms

Applicable Industries

Finance & Insurance

Retail

Applicable Functions

Product Research & Development

Warehouse & Inventory Management

Use Cases

Construction Management

Picking, Sorting & Positioning

Challenge

Nedbank Group, one of the four largest banks in South Africa, was facing a significant challenge with its data infrastructure. The bank, which serves 7.5 million customers, of which 2.3 million are digitally active, was loading six terabytes of data into its operational data store and data marts on a daily basis. This sheer volume of data was proving to be a challenge for the bank's IT infrastructure to process and manage. The complexities posed by traditional data models were also a hurdle for data consumers within the organization. The bank needed a solution that would simplify its data infrastructure, reduce data integration costs, and provide a single interface for accessing all types of data within the organization.

About Customer

Nedbank Group is a leading financial services group in South Africa, offering a range of services including wholesale and retail banking, insurance, asset management, and wealth management. It is one of the four largest banks in the country, serving 7.5 million customers, of which 2.3 million are digitally active. The bank has been recognized for its innovative approach to banking, receiving five accolades at the International Banking awards, including Best Banking Platform and Most Innovative Digital Products Branch Design.

Solution

To address these challenges, Nedbank implemented the Denodo Platform, which allowed the bank to create a single interface for accessing data. This solution eased the complexities posed by traditional data models and reduced data integration costs. Following this, Nedbank virtualized its entire legacy data warehouse, a target state data lake, and several data marts and business data stores. This effectively made the Nedbank Denodo implementation one of the largest, if not the largest, logical data warehouses on the planet. By combining the data sources through the logical data warehouse, Nedbank was able to achieve significant efficiencies and spearhead a series of new data-driven initiatives.

Impact #1	The implementation of the Denodo Platform and the creation of a logical data warehouse has significantly simplified Nedbank's data infrastructure. The bank now has a single interface for accessing all types of data, making it easier for data consumers within the organization to access and use the data they need. The complexities posed by traditional data models have been eased, and data integration costs have been reduced. Furthermore, the bank has been able to spearhead a series of new data-driven initiatives, demonstrating the potential for further innovation and growth.

Impact #1

The implementation of the Denodo Platform and the creation of a logical data warehouse has significantly simplified Nedbank's data infrastructure. The bank now has a single interface for accessing all types of data, making it easier for data consumers within the organization to access and use the data they need. The complexities posed by traditional data models have been eased, and data integration costs have been reduced. Furthermore, the bank has been able to spearhead a series of new data-driven initiatives, demonstrating the potential for further innovation and growth.

Benefit #1	Gained a single interface to access all kinds of data within the organization
Benefit #2	Eased the complexities posed by traditional data models for data consumers
Benefit #3	Reduced data integration costs

Benefit #1

Gained a single interface to access all kinds of data within the organization

Benefit #2

Eased the complexities posed by traditional data models for data consumers

Benefit #3

Reduced data integration costs

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Overview

Nedbank: Simplifying Data Infrastructure with a Logical Data Warehouse

Operational Impact

Quantitative Benefit