Ramco and HP, India partner to bring out action ready Core Banking Analytics for banks. The analytics cover the decision area related to the core operations of a Bank viz. Loans, Deposits, Customer and Customer Profitability, Financial Performance and Bank Profitability, and Trade Finance. The analytics delivered on Ramco DecisionWorks framework will run on HP’s Neoview enterprise business intelligence platform.

The solution, which will have a pre-built data warehouse, will provide core banking analytics to banks for managing their core banking solutions. While, the analytical support provided by the solution will help bank executives take crucial decisions such as interest rate adjustments, region-wise loan deployments, overall business strategy and compliance, the pre-built data warehouse feature will help banks to save costs on expensive in-house development and deployment of data warehouse solutions.

The solution will include user specific and graphical dashboards, key performance indicators for management by objectives for senior executives, workflow utility, planning and budgeting application and a compliance-monitoring module.

Commenting on the occasion Mr. Kamesh Ramamoorthy, COO, Ramco Systems said, “Ramco has been focusing on its Business Intelligence product portfolio for a while as these solutions serve greater purpose in these demanding times. For today’s organization the need is to capture business intelligence and enterprise-wide integrated insights to see the big picture, understand the numerous undercurrents and trends, more so in the Banking sector, as they deal with public fund. The Core Banking Analytics Solution from Ramco on an HP Neoview enterprise data warehousing platform will provide the much needed scope for the banks to improve on its business intelligence quest, understand risk and return profile of each area of business and decide tactical and strategic stances to be pursued for higher efficiency and profitability. The best part is that it can be integrated with any Core Banking Solution.”

"In today's competitive environment, banks in India must be able to access detailed levels of information in real-time and respond quickly. With HP and Ramco's integrated data warehousing platform, organizations can enable every decision maker in the organization make better decision faster on current and consistent view of business data," said James Horton, Regional Business Development Manager, HP Business Intelligence Solutions, HP Asia Pacific & Japan. "Together, HP and Ramco are helping financial institutions gain in-depth insight into their operations and ultimately better serve their customers.”