Modernizing a Global Bank’s Enterprise Reporting with a Transition from Business Objects to MicroStrategy

MicroStrategy Analytics Migration Enterprise Reporting

Infocepts helped a multinational bank transition from Business Objects to MicroStrategy, enhancing performance, reducing costs, and enabling real-time insights with advanced analytics.

The Challenge

Five business units of a leading bank relied on legacy BI reporting applications built on Business Objects for enterprise reporting. However, these systems presented several critical limitations:

High Operational Costs: Maintaining multiple BI platforms resulted in escalating licensing fees, infrastructure costs, and support expenses, making long-term sustainability a challenge.
Performance Bottlenecks: Limited scalability and slow query performance of legacy platforms impeded real-time decision-making, affecting business agility.
Complex Report Development: Creating or modifying reports required significant development effort, leading to delays in report generation and decision-making.
Outdated Capabilities: Modern BI tools provide advanced analytics, enhanced efficiency, and a lower total cost of ownership (TCO)—capabilities that were lacking in legacy systems, making them increasingly obsolete.

Recognizing these challenges, our client, already using MicroStrategy (now Strategy) within their reporting tool stack, made a strategic decision to transition from Business Objects to MicroStrategy to modernize their analytics ecosystem.

The Solution

Infocepts implemented a modern, high-performance analytics solution by transitioning 3200+ reports from Business Objects to MicroStrategy. The transformation focused on optimizing performance, enhancing user experience, and enabling advanced analytics. Key highlights of the solution include:

Structured Migration Approach: Reports were assessed and prioritized based on complexity and business impact, ensuring users gained access to high-priority reports first.
Optimized Business Logic: Migrated the business logic from the BO universe layer to the MicroStrategy semantic layer or database, significantly improving performance.
Data Consistency & Reusability: Conformed dimensions were designed once and reused across multiple reports, reducing redundancy and ensuring data consistency.
Agile Development & Deployment: Adopted an iterative approach, releasing reports in phases to deliver early value to business users.
Enhanced User Experience: Redesigned the UI, improved workflows, and incorporated graphical data visualization, along with a multi-language model for better accessibility.
Advanced Analytics Capabilities: Enabled interactive reporting features such as drilling, slicing, dicing, collaboration tools, and drop-down analytics to enhance data exploration.
Performance Optimization: Offloaded processing to the database and optimized query execution, significantly improving report performance and enabling real-time insights.

The Outcome

By transitioning to a modernized analytics ecosystem, Infocepts empowered the client to enhance efficiency, optimize costs, and drive better business decisions. Key benefits include:

Reduced Operational Costs: Eliminated redundant BI platforms, lowering licensing, infrastructure, and maintenance costs.
Enhanced Analytics Capabilities: Enabled advanced analytics with interactive data visualizations, predictive forecasting, and AI-driven insights.
Accelerated Decision-Making: Real-time access to accurate data improved budgeting models, financial planning, and operational efficiency.
Improved Data Accessibility: Seamless data access for both internal teams and external stakeholders ensured timely insights and enhanced collaboration.
Empowered Business Users: Decentralized data discovery allowed teams to analyze and explore data independently, reducing dependency on IT and increasing agility.
Future-Proofed Architecture: Strengthened the bank’s analytics ecosystem with a scalable, high-performance platform built in collaboration with MicroStrategy (now Strategy), ensuring long-term flexibility and growth.

Talk to us to accelerate your BI modernization journey.

About the Client

Our client is a British multinational bank with operations in wealth management, corporate and investment banking, and treasury services. It’s a global bank connecting corporate, institutional, and affluent clients to a network that offers unique access to sustainable growth opportunities across Asia, Africa, and the Middle East.

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Modernizing a Global Bank’s Enterprise Reporting with a Transition from Business Objects to MicroStrategy

The Challenge

The Solution

The Outcome

Talk to us to accelerate your BI modernization journey.

About the Client

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