Moscow – Qlik® today announces that Eurasian Bank, one of the largest banks in Kazakhstan has implemented Qlik Data Integration® to drive its data warehouse modernization efforts.
During the pandemic of 2020, Eurasian Bank planned to modernize its data integration processes and version update all Oracle Databases Management Systems (DMS) within the IT systems and Enterprise Data Warehouse (EDW). However, newer versions of the DMS and other data sources were unsupported by the existing integration technology in place.
“The new solution had to meet several important requirements: support a large list of source and target type systems, various versions of the DMS, minimize source system performance impact, and ensure high performance and durability. Qlik perfectly met all of these criteria,” said Alexander Naumov, Deputy Chairman of the Management Board at Eurasian Bank.
Qlik’s high availability configuration ensured connection to Eurasian Bank’s different data sources, including Oracle and Postgres, and provides near-real-time data replication with only one-to-two second latency between data source and target. The implementation was completed in just four months, with full training provided, allowing Eurasian Bank employees to independently work with Qlik. The Bank has integrated over 400 data objects and is now processing an average of approximately 5 TB transaction logs daily.
“It was very important for us to change the integration tool without putting on hold the regulatory processes of the Corporate Data Warehouse, which are crucial for the bank’s business operations, as well as promptly supporting plans of development and implementation of new banking systems. These changes allowed us not only to increase the performance of data replication, but also the system durability and recovery time in case of a failure as well. Additionally, since implementing Qlik, we faced several issues in which an old replication system caused problems for us. Qlik painlessly restored data exchange after the causes of the failures had been eliminated,” added Naumov.
“Today companies accumulate more data than ever before. Many businesses are struggling to bring together the data streams from a variety of internal and external sources,” said Alexey Artemenko, Regional Director, Qlik Russia and the CIS. “Qlik paves the way for smooth data integration and data consolidation, and we are pleased to announce this first-of-a-kind project in the CIS market. We are confident that Eurasian Bank will benefit from data availability and enhanced analytics processes.”
The Qlik solution was proposed and implemented by Qlik’s partner, GlowByte, a leading Business Intelligence (BI), Big Data and analytical CRM provider in Europe and CIS.
Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private SaaS company, Qlik offers an Active Intelligence platform, delivering end-to-end, real-time data integration and analytics cloud solutions to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.
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