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Banking and Insurance

Notes Because the new solution is intuitive and easy to learn, Heungkuk can extend self-service
BI tools company-wide for the first time. "The Microsoft BI solution will be used by all of
our employees," says Woo. "Everyone from information workers to branch managers to
sales representatives will make use of this solution."
Woo expects that the value of the BI information available from the new solution will
encourage widespread buy-in from users. "With the Microsoft solution, we can make
information analysis part of everyone's job description," says Woo. "Our business users
are always thirsty for more information, and as soon as they see that they can get it from
the Microsoft BI solution, they will be eager to use the new tools."
New users will find those tools easy to learn and use. Woo explains, "With the Microsoft
BI solution, users can drill down into the information as deeply as they want by using
familiar Excel tools."
Once Heungkuk deploys StreamInsight, the company will realize additional value. "With
the addition of SQL Server 2008 R2 StreamInsight, our Microsoft BI solution will help us
provide even more robust protection for our clients," says Woo. "The insurance industry is
increasingly emphasizing real-time information, and the Microsoft platform positions us
well to respond to this emerging business need."
Speeds Information Availability
With the new solution, Heungkuk employees access vital data much faster than before.
"Our analysts used to have to wait three to four days between requesting data and receiving
the report," says Woo. "With the Microsoft solution, users have almost immediate access
to the data they need, right at their desks."
Users also have higher confidence in the data's accuracy. "Because the previous data solution
was not well integrated, users sometimes experienced inconsistencies," says Woo. "With a
centralized Microsoft data warehouse solution, we are able to provide our employees
with a single, authoritative version of company data."
Reduces Development and Maintenance Costs
Because of the solution's self-service BI tools, Heungkuk no longer needs to budget for IT
projects to analyze, process, and share information. By using the solution's report-building
tools, employees can easily create visualizations of the data they are analyzing, relieving
the IT department of this task. "In the past, our IT department had to develop distinct
systems for each different business unit to upload information and view analysis results,"
says Woo. "With the Microsoft solution, we can avoid custom analysis projects, saving 220
million won in development costs and about 2 million won in annual maintenance fees
per project."
Expands Security Tools
Another advantage of the Microsoft data warehouse solution is its robust, integrated
security tools. Woo explains, "With SQL Server 2008 R2 transparent data encryption, we
can comply with government privacy regulations without needing to invest in an additional
third-party solution."
Woo says that the new solution is also helping Heungkuk strengthen its reputation as an
innovative and forward-thinking company. "Many of our competitors have completed
their core banking system upgrades and are only now looking at how to improve their
data management solutions. With a data warehouse and BI solution from Microsoft,
Heungkuk has taken the lead."

Source: http://www.microsoft.com/india/casestudies/microsoft-sql-server-2008-r2-enterprise/
heungkuk-fire-marine-insurance-company/enterprise-data-platform-makes-bi-tools-available-to-all-
employees-and-cuts

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