A member of BNP Paribas, one of the largest banks in the world, and a leading European direct bank in its own right, Consorsbank provides a broad range of financial services and products. It’s aiming to transfer the rules of the digital lifestyle to the way money is handled.
In 2000, Director of Business Intelligence Jörg Neumann and his colleagues in IT rolled out Consorsbank’s first business intelligence (BI) platform, the “Circle of Intelligence.” It originally supported management and sales teams, but as the bank grew its target audiences and increased its products and services, the BI platform needed to expand and provide visualizations to make complex data accessible and easy to understand.
To facilitate this expansion, Consorsbank turned to TIBCO Spotfire, and the response from Neumann’s team was amazement. Finally, they had a user-friendly tool with interactive dashboards and intuitive graphics that could be explored just by clicking.
Read how its long TIBCO partnership is enabling Consorsbank to gain insights about market and customer behavior and fuel a 20% increase in new customer revenue.