Data Virtualization: Facilitating Digital Transformation in Banking 

The client includes leading banks like Seacoast Bank, CIT Group, and Sumitomo Mitsui Trust Bank, offer personal and banking business solutions across the world.

Challenge

Banks face the challenge of fragmented data systems, often housed in separate platforms, making it difficult to provide unified and timely access to real-time information. This data complexity impedes customer service and decision-making, hindering overall efficiency. 

Solution

Orion, in partnership with Denodo, assisted several leading banks—including Seacoast Bank, CIT Group, and Sumitomo Mitsui Trust Bank—by implementing data virtualization to streamline data access. This technology allowed these banks to access real-time data across multiple platforms without the need for physical consolidation, breaking down data silos and enabling greater agility. 

Impact

By leveraging data virtualization, these banks achieved: 

Accelerated Digital Transformation: Enabled quicker deployment of innovative services. 

Improved Operational Efficiency: Streamlined data processes, reducing time-to-insight and eliminating the need for extensive ETL. 

Scalability: Built a future-proof architecture capable of handling growth and complexity. 

Enhanced Customer Experience: Allowed for faster, data-driven decisions, improving service delivery and satisfaction.