Press release from Business Wire
Prominent Turkish Bank, Türk Ekonomi Bankası (TEB), Rolls Out QlikView to Over 4,000 Staff to Drive Enterprise-Wide Business Discovery
Wednesday, June 12, 2013
Prominent Turkish Bank, Türk Ekonomi Bankası (TEB), Rolls Out QlikView to Over 4,000 Staff to Drive Enterprise-Wide Business Discovery08:00 EDT Wednesday, June 12, 2013
RADNOR, Pa. (Business Wire) -- 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