Kotak Securities taps Finesse for BI, MIS Analytics

Stock brokerage to gain insight into its date with Qlik Business Intelligence Software

Tags: Finesse (http://finesse.ae/home/)United Arab Emirates
  • E-Mail
Kotak Securities taps Finesse for BI, MIS Analytics Qlik will help Kotak Securities take more informed decisions through visualisation of data and deeper insights.
By  David Ndichu Published  January 19, 2017

Kotak Securities, the stock broking and distribution arm of the Kotak Mahindra Group - one of India's leading banking and financial services organisations, has gone live with its Business Intelligence & MIS Analytics Platform using Qlik Business Intelligence Software.

Kamlesh Rao, CEO at Kotak Securities, had a vision of using analytics to embrace the next level of growth, apart from getting insights into the various data points across the organisation to give business and department heads the actionable insights in real time. The company thus wanted to implement a tool that can address the current challenge in terms of MIS & Analytics. The solution should also have uniform data in place along with a common view of how they perform in terms of business, customer efficiency and performance. Finesse was chosen to implement Qlik Sense at Kotak Securities to drill down the collated data across all systems to get analytics that helped them in interpretation, analytics and decision making. This has helped Kotak Securities get better visualization of data and to have deeper insights to take more informed decisions.

The Qlik Sense based solution has gone live with the given KPI’s and implemented across the organisation.

“The best broking company going forward is the company which understands their client behaviour well and on the go, and which is why business analytics play a very important role in letting us act on data points,” said Rao, adding, “Business Intelligence & Analytics is going to arm relevant companies who are capable of absorbing the business of business intelligence to ensure that they are the ones who will be staying ahead and be market leaders in their respective lines of business.”

“Data, on the fly, in real time, is extremely important for being in the business of broking today which is where analytics and therefore QlikSense comes into the picture for us. Actions determined by decisions taken based on various data points are extremely critical in the real world of broking today. That is why Qliksense and we go a long way in deciding what to do on an everyday basis.

Our association with Finesse has allowed us to make sure that QlikSense is best system to use and it is the implementation that has made the difference for us,”   Rao said.

Sunil Paul, COO and co-founder, Finesse, said, “Finesse has in depth experience in consulting and system integration services, and is one of the largest providers of Business Intelligence & Analytics solutions. The Business Intelligence & Analytics solution implemented by Finesse has been designed to streamline Kotak Securities’ business operations as well as to enhance information sharing and administration efficiencies. The system brings out insights for informed decision making.  We are delighted to assist Kotak Securities in their strategic digital transformation program.”

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code