QlikTech (NASDAQ: QLIK), a leader in Business Discovery – user-driven Business Intelligence (BI), today announced that Türk Ekonomi Bankası (TEB) has given over 4,000 of its employees access to the QlikView Business Discovery platform to help drive a range of enterprise-wide business efficiencies. TEB, one of Turkey’s largest banks, has deployed QlikView across its business in order to drive efficiencies across the organization, enabling employees to monitor individual branch performance and providing effective decision support in various business decisions through QlikView applications on iPads.
TEB is an established Turkish bank with over 500 branches and 9,000 employees across the region. The bank’s operating areas include corporate, retail, private, and small and medium enterprise (SME) banking as well as project finance, fund management, and custody operations. Before implementing QlikView, the company used mainly SAP Business Objects for standard and ad hoc reporting and relied mainly on Microsoft Excel for data sharing and analytics purposes. Initially giving QlikView access to 150 users in its business headquarters last year, TEB started a company-wide deployment of the software when it immediately started seeing significant value in interactive reporting and the sharing of business insights.
“QlikView has given our teams a whole new layer of visibility that simply wasn’t available through our existing data sources and reporting environments,” comments Murat Özel, senior manager, business analytics at TEB. “The user-friendly QlikView apps make it easier for our employees to make conclusions through nuggets of information and we believe that making the platform accessible on mobile devices will encourage them to attain these insights in a way that better suits the flexibility of their working day.”
TEB region directors and upper level management have access QlikView applications on iPads, so they can monitor branch performance and oversee all activity including sales and corporate banking, as well as risk and limit analysis. This gives managers added flexibility to discover business insights wherever possible, so they can get most up to date data available on competitor information, such as market shares, or even how well their own branch is performing.
“It’s essential for employees to be able to access and share business information in near real-time and this is especially true in the banking industry,” said Mike Saliter, Global Director of Industry Market Development at QlikTech. “The fast pace nature of banking requires the latest, razor sharp insight so bankers can keep ahead of the game and offer the best customer experience. TEB has exemplified leading best practices related to customer, product, and risk analytics in banking.”