Yes Bank : BI Solution: Kaleidoscope

The most important aspect of information is its timing and this is where Yes

Bank was facing difficulty; there was too much of fragmented data generated from

different departments which was almost impossible to use in an efficient manner.

Plus there was a lack of holistic customer information and a timely reporting

system. To overcome all these issues and to consolidate information from

different sources, Yes Bank decided to build their own Business Intelligence

software named 'Kaleidoscope'. As the solution was developed inhouse, the cost

of implementation was very low. As a result of this implementation, almost 100+

business reports, dashboards, etc are now available to all users in the morning

enabling them to plan specific actions for the entire day, which in turn has

huge business impact. Enterprise wide data warehouse provides numerous reports

across categories which facilitate cross-sell, up-sell, and deep-sell

opportunities for the bank, increased liabilities generation and greater income.

Along with these benefits, this implementation led to building of KPIs and

performance indicators which are used in monitoring performance and established

various controls for the same. On the other hand, enterprise data warehouse

provided a stable platform to make other peripheral applications more feature

rich and it also opened doors to build future applications.