Swedbank: Using Tableau for Speedy Analysis and Collaborative Problem Solving
Company Size
1,000+
Region
- Europe
Country
- Estonia
- Sweden
Product
- Tableau
Tech Stack
- Data Visualization
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Digital Expertise
- Productivity Improvements
Technology Category
- Application Infrastructure & Middleware - Data Visualization
Applicable Industries
- Finance & Insurance
Applicable Functions
- Business Operation
Use Cases
- Process Control & Optimization
Services
- Data Science Services
About The Customer
Swedbank is a leading bank in Sweden, Estonia, Latvia, and Lithuania. The bank also operates in Denmark, Finland, Norway, Western Russia, Luxembourg, Ukraine, USA, and China. Swedbank offers a wide range of financial services and products to individuals, businesses, and organizations. The bank has a strong presence in the Baltic region and is committed to sustainable development and equal opportunities. The bank's Group Finance Analysis & Planning Department plays a crucial role in analyzing the bank's performance and making strategic decisions.
The Challenge
Swedbank, a leading bank in Sweden, Estonia, Latvia, and Lithuania, was facing challenges in analyzing its business performance and making data-driven decisions. The bank was using traditional tools like Excel and PowerPoint for data analysis and presentation, which were not efficient and interactive. The bank needed a solution that could speed up the analysis process, provide interactive visualizations, and facilitate collaborative problem-solving. The bank was also looking for a tool that could blend data from different sources and provide new insights during discussions.
The Solution
Swedbank implemented Tableau, a data visualization tool, to speed up the analysis process and create opportunities for collaborative problem-solving. Tableau's simple, fast, and intuitive interface allowed the bank's analysts to quickly create visualizations and present data in an interactive manner. The tool was used to blend data from different Excel files and databases, providing new insights during discussions. Tableau became an integral part of the bank's conversations, helping to answer questions and discover new insights about various topics. The bank also used Tableau to monitor the performance of its equity funds and ensure compliance with regulations.
Operational Impact
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