Bank Mandiri has deployed Tableau Software’s data analytics solutions to help accelerate data-driven decision making across the organization. As Indonesia’s largest financial institution, it is seeking to empower every division in the bank with self-service analytics capabilities to make better decisions using actionable insights.
As part of its vision to build a data culture, Bank Mandiri’s is increasing data literacy within the organization. The bank has set up a Mandiri Tableau User Group to bring employees together to learn and share.
Fronted by data coaches from the EDM division—a special division set up by the bank to advocate for the use of data analytics—these monthly sessions support new Tableau users through sharing of best practices and answering their data questions. This creates a community of learning and promotes a culture of data in the bank. The bank is also offering data analytics courses for employees.
Key business functions such as loan disbursement and renewal, as well as customer profiling and engagement now have access to Tableau to guide decision making. The vendor claims it’s self-service dashboards have simplified business processes and improved the speed of information delivery within the bank. Business intelligence reports which used to take two weeks to create, can now be done within two days.
“The marked improvement in the speed of access to data understanding towards visualization has allowed Board of Management and all other stakeholders, be armed with timely information to do their jobs better. We are able to better target customer by offering suitable products and programs, and improve engagement," said Billie Setiawan, senior vice president of Enterprise Data Management (EDM) Group, Bank Mandiri.
Setiawan confirmed that the goal is to "remove data barriers for different business groups through wider user education and engagement." The other end-goal is to "enable self-service analytics at scale and empowering our employees with access to data understanding they need to succeed,” he continued.
“Financial institutions today must leverage data analytics to transform their business and stay ahead of the curve,” said Leslie Ong, country manager, Southeast Asia, Tableau.
