Download PDF
Mediocredito monitors corporate financial risk with QlikView
Technology Category
- Analytics & Modeling - Real Time Analytics
Services
- Data Science Services
The Challenge
Mediocredito, a leading Italian bank specializing in consulting, advanced finance, leasing and merchant banking to small and medium-sized enterprises, was in need of a system to provide targeted corporate analysis and consultation. The bank wanted to monitor financial risk and view and interpret such data in a simple, easy-to-manipulate manner. The bank embarked on an ambitious project, X-Match, to identify a system that would provide targeted consulting of strategic corporate data and analyze and monitor financial risks. The project took approximately two years to create the model, with the greatest effort placed on analyzing and structuring the underlying database.
About The Customer
Mediocredito is a leading Italian bank that specializes in consulting, advanced finance, leasing and merchant banking to small and medium-sized enterprises. The bank was created in 1953 with a precise institutional goal and specialized role: to promote the economic activity and sustain the development of enterprises – specifically small to medium-sized enterprises – by granting medium and long-term financing at subsidized and market rates. During the 90s, Mediocredito increased and improved this specialization by integrating the services of consulting, advanced finance, leasing and merchant banking. Today, Mediocredito serves as a financial partner to companies in the manufacturing, construction, transportation, service, sales and hotel industries. It provides them with advice and assistance on how to finance investments that are related to real estate, installations and machinery and that concern their needs for liquidity, the reorganization of payables, recapitalization and other operations involving corporate finance, including applications for grant-in-aid.
The Solution
Mediocredito deployed QlikView to roughly 15 employees as a common dashboard to its data warehouse. With QlikView, Mediocredito now analyzes its financial risk across platforms from rate risk, ALM risk, treasury risk and operating risk. QlikView provides an easy to use platform that allows management to fully evaluate and explore the data to truly understand its financial risk. After a careful analysis of QlikView’s capabilities and several on-site tests, the team was convinced that it would solve the company’s report management problems. It allowed interactivity and greater focus on content by “surfing” freely within the information and simply clicking on queries, which are often complex.
Operational Impact
Quantitative Benefit
