reporting, BI, business intelligence, SQL reporting, excel reporting

Reporting – First Step for Business Intelligence

The terms business intelligence, data and analytics, and big data strike a combination of excitement and fear into business leaders’ minds. My goal for this post is to alleviate some of the fears associated with business intelligence and analytics (big data is a whole different world). Community banks and credit unions, regardless of size, can […]

CFO Data, CFO Analytics

How a CFO Can Use Data and Analytics

Over the past few weeks, we have released posts describing how different members of the C-suite can make use of data and analytics. We started out discussing five ways CMOs can use data and then talked about the CLO and lending analytics. In this post, we want to highlight the ways that a CFO (Chief […]

data and analytics projects, data and analytics initiatives, business intelligence

Data and Analytics Projects: Focus on the Business First

An increasing number of organizations are making data and analytics an integral part of their business operations. In Thomas Davenport and Jeanne Harris’ book Competing on Analytics: The New Science of Winning, they define the most analytically advanced businesses as “Analytical Competitors”. These organizations embed data and analytics into their operations and are a fundamental […]

Lending Analytics, loan analytics, data and analytics

The CLO and Lending Analytics

In one of our last posts, we talked about how marketers can use data. As part of the growing usage of data and analytics, we want to highlight the different ways key executives can leverage data to drive their business. In this post, we discuss five ways that lending analytics can be used in any […]

CMOs can use data

Five Ways CMOs Can Use Data

Data and analytics is exploding. Whether you call it big data, business intelligence, or analytics, it is clear that the use of data is going to be critical to any company’s success. Especially in the bank and credit union industry, data and analytics is a relatively new concept. Sure, data has been used in the […]

KPI

KPIs and the Sierpinski Triangle

Most people don’t know it by name, but most recognize the unique design of the Sierpinski Triangle. The fractal is designed by recursively breaking down equilateral triangles into increasingly smaller triangles. Mathematicians have a field day with this type of object, but most people don’t equate it to any type of practical business visualization. As […]

member segmentation and insights using analytics

Member Segmentation Analysis and Insights Using Analytics

In our last post, we discussed why analytics will become a necessity to compete in an evolving banking industry. In that article, we promised to follow up with a series of posts that contain specific examples of how analytics can be applied. This first post will discuss how analytics and business intelligence can be used […]

data warehouse different

What Makes a Data Warehouse Different?

I get this question all the time: what makes a data warehouse different from a regular database? To those in organizations with a less robust business intelligence and analytics maturity, it may be difficult to differentiate between the two. However, there are very distinct differences between a data warehouse and a regular database. In this […]