Bloomberg/Christopher Pike

Technology

Emirates NBD to leverage SAP Financial Services Data Platform

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The implementation of the SAP Financial Services Data Platform focused on Emirates NBD’s Retail Banking and Wealth Management segment.

Tuesday 20, August 2019 BY KUDAKWASHE MUZORIWA

Emirates NBD has partnered with SAP to implement SAP Financial Services Data Platform, the platform is powered by SAP in-memory data platform, SAP HANA and can now deliver customer intelligence across all Emirates NBD Group market segments, entities and countries.

Abdulla Qassem, Emirates NBD’s Group Chief Operating Officer, said, “Harnessing the power of Hadoop and SAP HANA has brought significantly increased capability to our Enterprise Data Platform which is ultimately aligned with Emirates NBD’s vision to drive data-driven decision making holistically across the bank.”

The lender stated that the implementation was completed in 10 months and marks the second phase of expansion for Emirates NBD’s Enterprise Data Platform (EDP).

The EDP, which leverages Hadoop Big Data technology, was launched in November 2018 and aims to enhance Emirates NBD’s customer experience by increasingly leveraging data-driven intelligence.

SAP Financial Services Data Platform will allow the bank’s EDP to deliver a standardised, consistent representation of complex data from all Emirates NBD systems and applications.

Additionally, Emirates NBD plans to further expand usage of the Enterprise Data Platform across other critical business functions including trade finance, assets as well as liabilities and human resources to ultimately advance its application of analytics and reporting.

TAGS : Emirates NBD, SAP Financial Services Data Platform, Hadoop Big Data technology, SAP HANA, Enterprise Data Platform

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