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Deutsche Postbank AG London Branch Deploys IBM Smart Analytics System


IBM announced today that leading German multichannel bank Deutsche Postbank AG's London branch is now using the IBM Smart Analytics System to improve the quality and accuracy of its risk monitoring, portfolio and collateral analysis.  The Smart Analytics System is a pre-optimized, pre-tuned system that combines analytic capabilities with a data warehouse, allowing organizations to see the benefits of business analytics much faster than previously possible.

From the press release (Deutsche Postbank AG London Branch Turns to IBM Smart Analytics for Insights on Credit Risk):

IBM (NYSE: IBM) today announced that the London branch of Deutsche Postbank AG is using a new IBM Smart Analytics system to help improve the quality and accuracy of its business reporting for risk monitoring, portfolio and collateral analysis.
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IBM's Smart Analytics was chosen over offerings from Oracle, QlickView and Logica because it offered a fully integrated solution based on IBM's workload optimised systems and industry-leading IBM analytics and middleware. Utilising IBM's specialist industry-specific services, the system delivers an ideal business solution by enabling real-time access to vast amounts of complex data.
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Head of IT at Deutsche Postbank, Clarel Sookun, said: "The system has really proved its worth by reducing the time it takes to produce our reports for [Commercial Real Estate] (CRE) from hours to minutes and they are 'accurate to the penny'. The IBM system allows us to centrally store actual and reconciled data and gives us the ability to produce further management reporting at a higher quality level."


Link:  Deutsche Postbank AG London Branch Turns to IBM Smart Analytics for Insights on Credit Risk