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ADAPTify drives financial reporting and customer analytics

“Segment and product level P&L helps strategic decision making”

Federal Bank (Fedbank) is the largest traditional private sector Bank in India having 1200+ branches and 6 million customers spread across 25 states and Union Territories. Fedbank is listed in various stock exchanes in India and abroad and is 4th among all private sector banks in India in terms of footprint.

Fedbank has been a pioneer among Indian banks in the area of using technology to leverage its operations and were among the first banks in India to computerize all its branches.

CHALLENGE

  • Lack of single source of truth for driving data driven decisions
  • Manual dashboards, high Turn around time

SOLUTION DELIVERED

  • Data lake for integrating data across all product lines
  • Enabling citizen data scientists to build machine learning models
  • Customer behaviour analytics made simple for business users

BUSINESS IMPACT

  • Saved ~3 FTEs due to automation