Business intelligence in financial organisations: from traditional reporting to predictive analytics

1Introduction

Business intelligence gathers, integrates and analyses data so managers decide on evidence rather than guesswork.

2Discussion

Analytical maturity has four stages: descriptive, diagnostic, predictive and prescriptive. Most organisations remain at the first.

Moving up requires an integrated data warehouse, reliable ETL and statistical and ML models; in finance, cash-flow forecasting, churn prediction and credit-risk estimation are high-value uses.

3Conclusion

BI creates real value only when embedded in culture: trusted data, shared metric definitions and decisions regularly measured against outcomes.