Banking business intelligence refers to all general functionalities business intelligence but is focused on the informational needs of banks and the finance community. With the increase of governmental regulations, information is the key component to compliance. Therefore, solutions are designed largely with a focus on the unique needs required by the financial industry, especially in relation to federally-mandated governance.

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  • Banking business intelligence refers to all general functionalities business intelligence but is focused on the informational needs of banks and the finance community. With the increase of governmental regulations, information is the key component to compliance. Therefore, solutions are designed largely with a focus on the unique needs required by the financial industry, especially in relation to federally-mandated governance. In the United States, the banking industry is unique among other industries due to the amount of governmental regulation and oversight, yet at the same time banks must compete in the free market to gain customers, engage in marketing tactics and make a profit for its stockholders. It is also unique that most currency transactions do not occur from one person handing someone else cash money. Most currency transactions occur via electronic information exchange only without cash actually exchanging hands. What business intelligence is designed to do for banks is to allow the decision makers within the banking industry make the best decisions or take the best actions best upon the most accurate, complete and timely information.
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  • Banking business intelligence refers to all general functionalities business intelligence but is focused on the informational needs of banks and the finance community. With the increase of governmental regulations, information is the key component to compliance. Therefore, solutions are designed largely with a focus on the unique needs required by the financial industry, especially in relation to federally-mandated governance.
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  • Banking business intelligence
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