Bank Mandiri deploys Cloudera for big data
Indonesia’s Bank Mandiri has adopted Cloudera Enterprise to enhance omni-channel customer engagement with the aid of Big data.
Spurred by the success of big data analytics adoption in the telecommunications and Fast-moving consumer goods (FMCG) industries, Mohammad Guntur (photo right), Senior Vice President, Enterprise Data Management Group, for Bank Mandiri, believes that the same benefits can be conferred upon the financial services industry. “Big data technology plays a critical role in our aspiration of becoming Indonesia’s best and ASEAN’s most prominent financial institution by 2020,” said Guntur.
Bank Mandiri’s wide range of banking services and customer transactions have created an exponential amount of data, leading to challenges across the entire data lifecycle. With Cloudera Enterprise, Bank Mandiri aims to be better armed to overcome common hurdles in data ingestion, integration and accuracy, creating a seamless big data analytics environment to derive meaningful insights and drive business decisions.
Cloudera Enterprise aims to help financial services organizations to take advantage of machine learning models to better predict cybercrime, money laundering, and insider threats, while adhering to industry regulations and ensuring customer data is secure yet easily accessible.
PT Bank Mandiri (Persero) Tbk was formed from the consolidation of four state-owned banks: Bank Bumi Daya, Bank Dagang Negara, Bank Exim and Bapindo. It operates 2,599 branches and 17,461 ATMs nationwide. It also has 7 branches/presentative offices/subsidiaries overseas.