Prominent Turkish Bank, Türk Ekonomi Bankası (TEB), Rolls Out QlikView to
Over 4,000 Staff to Drive Enterprise-Wide Business Discovery
RADNOR, Pa. -- June 12, 2013
QlikTech (NASDAQ: QLIK), a leader in Business Discovery – user-driven Business
Intelligence (BI), today announced that Türk Ekonomi Bankası (TEB) has given
over 4,000 of its employees access to the QlikView Business Discovery platform
to help drive a range of enterprise-wide business efficiencies. TEB, one of
Turkey’s largest banks, has deployed QlikView across its business in order to
drive efficiencies across the organization, enabling employees to monitor
individual branch performance and providing effective decision support in
various business decisions through QlikView applications on iPads.
TEB is an established Turkish bank with over 500 branches and 9,000 employees
across the region. The bank’s operating areas include corporate, retail,
private, and small and medium enterprise (SME) banking as well as project
finance, fund management, and custody operations. Before implementing
QlikView, the company used mainly SAP Business Objects for standard and ad hoc
reporting and relied mainly on Microsoft Excel for data sharing and analytics
purposes. Initially giving QlikView access to 150 users in its business
headquarters last year, TEB started a company-wide deployment of the software
when it immediately started seeing significant value in interactive reporting
and the sharing of business insights.
“QlikView has given our teams a whole new layer of visibility that simply
wasn’t available through our existing data sources and reporting
environments,” comments Murat Özel, senior manager, business analytics at TEB.
“The user-friendly QlikView apps make it easier for our employees to make
conclusions through nuggets of information and we believe that making the
platform accessible on mobile devices will encourage them to attain these
insights in a way that better suits the flexibility of their working day.”
TEB region directors and upper level management have access to QlikView
applications on iPads, so they can monitor branch performance and oversee all
activity including sales and corporate banking, as well as risk and limit
analysis. This gives managers added flexibility to discover business insights
wherever possible, so they can get the most up to date data available on
competitor information, such as market shares, or even how well their own
branch is performing.
“It’s essential for employees to be able to access and share business
information in near real-time and this is especially true in the banking
industry,” said Mike Saliter, Global Director of Industry Market Development
at QlikTech. “The fast paced nature of banking requires the latest, razor
sharp insight so bankers can keep ahead of the game and offer the best
customer experience. TEB has exemplified leading best practices related to
customer, product, and risk analytics in banking.”
About Türk Ekonomi Bankası (TEB)
Türk Ekonomi Bankası (TEB), a reputable and prestigious institution in the
Turkish banking sector, was established in 1927. Since its establishment, TEB,
with its expanded network of branches and a diversified range of products and
services, pursues operating in various fields of the banking sector as
investment, leasing, factoring and portfolio management. In February 2005, BNP
Paribas, one of the strongest banks in the world, operating in more than 80
countries, became a partner of TEB which went public in February 2000. In the
wake of its strategic partnership with the BNP Paribas, Türk Ekonomi Bankası
carries its expertise in foreign trade, corporate, commercial and private
banking over into the fields of retail banking and banking for small and
medium-sized businesses. Today TEB is one of the major players of the Turkish
Financial Services Market with consolidated asset size of 43.5 billion TL and
more than 9.000 employees.
QlikTech (NASDAQ: QLIK) is a leader in Business Discovery—user-driven Business
Intelligence (BI). Its QlikView Business Discovery solution bridges the gap
between traditional BI solutions and inadequate spreadsheet applications. The
in-memory associative search technology QlikTech pioneered created the
self-service BI category, allowing users to explore information freely rather
than being confined to a predefined path of questions. Appropriate from SMB to
the largest global enterprise, QlikView’s self-service analysis can be
deployed with data governance in days or weeks. The QlikView Business
Discovery platform’s app-driven model works with existing BI solutions,
offering an immersive mobile and social, collaborative experience.
Headquartered in Radnor, Pennsylvania, QlikTech has offices around the world
serving approximately 28,000 customers in over 100 countries.
Qlik™, QlikView™, QlikTech™, and the QlikTech logo are trademarks of QlikTech
International AB which have been registered in multiple countries. Other marks
and logos mentioned are the trademarks of their respective owners.
Amanda Keane, 617-520-7260
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