“ IBM dashDB has very fast and robust analytics capabilities, which allows us to not only stage data for our clients, but also provides us with the ability to look deep into that data and form competitive insights. ”
— Joe Mackie, Director of Business Development, BPM Northwest
Business Challenge story
BPM Northwest was approached by a wealth management client that needed to address a business problem that involved taking hundreds of spreadsheets and turning those files into one file that can be imported into their planning system. The client's existing process took days for them to complete and simply was not effective or efficient enough.
Transformation
Using Bluemix and IBM dashDB, BPM Northwest is able to take the client's existing two-week manual process into a two-day service. Leveraging IBM dashDB's fast robust analytics capabilities, BPM Northwest provides high-speed insights and in-database analytics that the client did not have before.
Benefits
On average, the solution offered by BPM Northwest is saving its clients more than 25% of their financial expenses in closing and consolidating its existing financial performance management activities.
Solution components