Seacoast Bank

Seacoast Bank Improves Business Process Efficiency Using a Logical Data Warehouse

Testimonials

Mark Blanchette
The Denodo Platform has significantly increased the speed of business at Seacoast Bank.
Mark Blanchette SVP, Director Business Technology and Data Management

Seacoast Banking Corporation of Florida is one of the largest community banks headquartered in Florida with approximately $4.0 billion in assets and $3.2 billion in deposits as of March 31, 2016. The company provides integrated financial services, including commercial and retail banking, wealth management, and mortgage services, to customers through advanced banking solutions, 53 traditional branches of its locally-branded wholly-owned subsidiary bank, Seacoast Bank, and five commercial banking centers.

Companies that have stood the test of time can only do so if they undergo continuous reinvention. Seacoast Bank, founded in 1926, leveraged the Denodo Platform to ensure that its data management systems were on the cutting edge.

The Fast Lane

Before implementing the Denodo Platform, data was often out of date by the time it got to business users. The Denodo Platform uses data virtualization to establish a logical data warehouse, which seamlessly integrates operational data across cloud-based and on-premises information systems and delivers the aggregated views to analytical and reporting tools such as SAS and Tableau. With the logical data warehouse in place, Seacoast can now provide enterprise-wide self-service BI and develop interactive trend reports using modern reporting tools.

With the logical data warehouse, information that used to take a day to deliver can now be delivered every five minutes. This significantly accelerated business decision making on a daily basis, leading to faster business transactions. Also, stakeholders can now view reports and run analytics through SaaS tools, apps, and mobile devices, streamlining the information flow.

Overview

Seacoast Bank
  • Website: www.seacoastbank.com
  • Industry: Financial Services
  • Location: USA
  • Solution: BI and Analytics
  • Product: Denodo Platform, On Premise

At a glance

Accelerated business operations in loans, deposits, and other departments.

Established an enterprise-wide logical data warehouse for analysis and operations.

Reduced reporting time from 3 days to 2 hours.

Enabled business operations to be handled in real time.

What's Next?

Gain real-time insights from your data and begin
your digital transformation today!