April 2018 – BankBI Ltd, a UK based Business Intelligence and Analytics solution for Banks, Credit Unions and Micro Finance Institutions, has announced that it has been selected by Stanbic Bank Zambia to implement its Business Intelligence and Analytics solution for Regulatory Reporting.
The appointment of BankBI is a strategic decision by Stanbic Bank Zambia to leverage BankBI’s financial banking analytics and reporting technology in order to increase productivity and reduce cost by automating its Regulatory Reporting requirements. By leveraging BankBI’s automated management and regulatory reporting capabilities in this way, Stanbic Bank Zambia are looking to maximise efficiency in its reporting processes.
Graham Goble, CEO & Founder of BankBI Ltd said, “We are delighted to have been selected by Stanbic Bank Zambia. BankBI’s standard staging table methodology enables us to transform data from a wide range of sources which, together with our highly configurable application, delivers a powerful combination for banking institutions looking to leverage technology to gain effiencies, cut cost and save time”.
Mwindwa Siakalima, CFO of Stanbic Bank Zambia commented, “We are looking forward to working with the BankBI team. During the selection process they demonstrated a clear understanding of our reporting needs. Their proven capabilities makes for a compelling model for institutions such as ourselves”.
About BankBI Ltd
BankBI Ltd is a UK based Business Intelligence (BI) company. Founded in 2012 the company has a single multi-tenant BI solution deployed for all its customers in Microsoft Azure. With the addition of Stanbic Zambia as a customer BankBI now extends its user base to approaching 60 banks, MFIs or Credit Unions in approximately 40 countries.
About Stanbic Bank Zambia
Stanbic is the acronym for the Standard Bank Investment Corporation, the holding company of the Standard Bank Group, which was founded in 1857. Stanbic Bank (Zambia) Limited operates a network of 13 branches in Zambia
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