Connect with us

News

FCMB Partners Tavia Technologies on Microsoft PerformancePoint system

Published

on

Kindly share this post

First City Monument Bank PLC, (FCMB), has successfully concluded an enterprise performance management project with Tavia Technologies Limited and Microsoft. The new solution has begun to reduce costs for the bank by providing greater intelligence and more flexible reporting that have resulted in better business insight and faster decision making.
Yinka Oni, FCMB’s chief information officer said, that in future, decisions at the bank would need to be taken with insight. “The bank therefore needed to invest in a performance management system that will make insightful decisions. Microsoft PerformancePoint has significantly benefited our performance management team. What they used to spend a whole day to do can now be done in less than an hour,” he said.
Speaking on the deployment at FCMB, Ayo Olashoju, managing director at Tavia said they recommended Microsoft PerformancePoint as the performance management solution at FCMB because the solution delivers the capabilities to meet the bank’s needs for an integrated data resource, an automated performance reporting system and  a more efficient data management process.
The state-of-the-art system deployed by the bank measures and tracks both financial and non-financial performance and delivers the information through dashboards on an enterprise portal to key business unit heads. This system comprises of Microsoft PerformancePoint for performance management, Microsoft SharePoint for an enterprise portal and Microsoft SQL Server 2005 as an enterprise datawarehouse. 
“With the implementation, the bank now enjoys significant improvement in the ease and speed for generating performance management reports including the automation of the Monthly Performance Review (MPR) reports,” Olashoju added.
Ademola Ogunmiloro, FCMB’s head of Performance Management, said the need to improve efficiency became mission critical in order to achieve the bank’s development goals and sustain the growth rate.   He confirmed that since the automation of the data management and reporting system, the bank’s monthly performance reports (MPR) which were previously delivered on day 5 are now delivered on the 1st day of each month.
“In addition to the reduction in time and manpower previously expended on the reporting process, the CEO gets an automated dashboard on his mobile device on a daily basis.  The additional analytical capability is also making users more intelligent as we now have the platform to go into core business analytics.  We are using the data to increase productivity without increasing costs.  The feedback from the executives has been excellent,” he added.
Bode Fagbemi, Microsoft’s Financial Services business manager, commended FCMB for using the power of technology to drive business performance especially now that increasing productivity, reducing costs and enhancing customer value have become mission critical for the success of banks in the midst of an economic downturn.
 Our vision for PerformancePoint he said is to bring the powerful capability of business intelligence to all information workers in the banking sector to democratize access to critical business insight and to drive more effective business actions. Fagbemi also commended Tavia Technologies for taking the lead in PerformancePoint implementation in the market.
Microsoft PerformancePoint is built on top of Microsoft SQL Server, a proven platform for business intelligence, data integration, and reporting. SQL Server offers a highly secure performance management environment and scales to support as many users as need to be included in the performance management process.
 

 


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Comments

News

MTN Launches ‘Visitor SIM’, Designed for Guests Coming into the Country

Published

on

Kindly share this post

MTN Nigeria has announced the introduction of its new Visitor SIM specially designed for guests travelling into the country.

The Visitor SIM comes pre-loaded with an appealing package that includes local and international call and data bundles.

This package will enable people visiting from other countries to stay connected with their friends, family and business associates on MTN’s super-fast network.

MTN VisitorSIMs are easy for inbound international visitors to acquire, activate and use, in addition to which they offer far better value than any roaming tariff.

Not available from any other operator, the service is poised to deliver convenience and the best-in-class customer experience in line with MTN’s brand promise.

According to Adekunle Adebiyi, chief sales and distribution Officer, MTN Nigeria, “The new Visitor SIMs will ensure that before setting foot outside the airport, people visiting Nigeria can plug in, reconnect – to loved ones, associates, tools and information, and begin sharing their remarkable experiences, with no concern about roaming charges.”

 

MTN Visitor SIMs are available in the arrival halls of international airports and other ports of entry.

They are valid for 14 days, which can be extended up to 30 days via MTN’s self-service menus or USSD.


Kindly share this post
Continue Reading

News

Nigeria COVID-19 Response: UNICEF, IHS Nigeria Collaborate to Contribute Medical Supplies

Published

on

Kindly share this post

United Nations Children’s Fund (UNICEF) received the delivery of 115,800 COVID-19 test kits to support the fight against the COVID-19 pandemic in Nigeria. These supplies were funded by IHS Nigeria, the Nigerian subsidiary of IHS Towers.

Testing remains the mainstay of the response led by the Presidential Task Force and Nigeria Centre for Disease Control (NCDC) and the first step towards diagnosing the infection. Tests enable health officials to understand the COVID-19 status of an individual and link that person to care, support and treatment while contributing to the protection of families and communities.

“Testing remains a core strategy of Nigeria’s response to COVID-19. This is critical for understanding the burden of the disease on our population and targeting our response activities accordingly. The primary goal of the Nigerian Government is to control the spread of this disease.

“This donation from IHS Nigeria through UNICEF will contribute to the national stockpile of test kits managed by NCDC, and support efforts of the growing network of accredited laboratories across the country for the testing of COVID-19. We are grateful for the continued support from UNICEF, IHS Towers and other partners.” said Dr. Chikwe Ihekweazu, Director General, NCDC.

IHS Towers has been a strong and continuing partner of UNICEF. At the onset of the coronavirus in Nigeria in late February, IHS Nigeria provided funding to UNICEF to urgently procure essential supplies and equipment with which UNICEF supported the Government of Nigeria in its COVID-19 response.

“UNICEF is deeply appreciative of IHS Towers’ commitment to being a partner in UNICEF’s work in Nigeria. Once more, IHS has shown great generosity in supporting UNICEF’s ongoing efforts to work closely with the Government of Nigeria in the fight against COVID-19.

“I am very delighted to receive this huge contribution from IHS Towers, the benefit of which will reach many more children and their families“, said Peter Hawkins, UNICEF Country Representative.

“We are proud to have played an important role in supporting the Government and our communities where we operate to provide crucial tools needed to fight this pandemic. We understand this virus is here to stay for the foreseeable future, but are confident that with our support, and that of our other private sector colleagues, we are helping to manage and mitigate the impact of the virus in our country” said Mohamad Darwish, Chief Executive Officer of IHS Nigeria.

This recent support of essential tests makes IHS Towers the biggest private sector donor for UNICEF Nigeria’s emergency response to the COVID-19 pandemic.


Kindly share this post
Continue Reading

News

Coca-Cola, Red Cross Society Expand Fight Against COVID-19 In Nigeria

Published

on

Kindly share this post

In a bid to support the fight against the Coronavirus disease, the International Federation of Red Cross and Red Crescent Societies (IFRC) along with its national society Nigerian Red Cross (NRC) has started the distribution of PPEs and risk communications efforts to the tune of N228 Million to support its COVID-19 interventions in Nigeria.

 

This is part of The Coca-Cola Foundation’s $2.5million grant to the International Federation of Red Cross and Red Crescent Societies (IFRC) to support the COVID-19 pandemic within the West and Central Africa sub-regions.

The grant, which leverages the long-standing partnership between The Coca-Cola Company and the International Federation of Red Cross and Red Crescent Societies (IFRC), seeks to support national efforts in the fight against the Coronavirus disease through the provision of essential medical supplies, personal protective equipment (PPE) and risk communications to impacted communities, healthcare personnel on the frontlines and treatment centres across the country.

 

Speaking on the donation, Yebeltal Getachew, managing director, Coca-Cola Nigeria Limited, explained, “The Coca-Cola System (Coca-Cola Nigeria, Nigeria Bottling Company and Chi Limited) remains committed to providing support to the communities we serve during these challenging times.

 

“By providing healthcare workers with much-needed PPEs, we are confident that this will go a long way in ensuring their safety as they remain on the frontlines of the fight against COVID-19.

 

“Coca-Cola is proud to support the Red Cross as we deliver on our purpose of making a difference across the world”. 

 

Medical supplies being donated comprise N95 respirators, surgical masks, examination gloves, face shields, medical gowns, no-touch thermometers, disposable aprons, heavy-duty rubber gloves, rubber boots, basic masks, disposable gloves, and hand sanitizers.

 

Expressing his gratitude for the donation, Abubakar Kende, secretary-general for the Nigerian Red Cross Society explained, “We have identified the facilities in urgent need of these PPEs in consultation with NCDC and the Federal Ministry of Health and will subsequently be distributed to these centres.

 

“This will ensure that treatment centres across the country are properly equipped with necessary PPEs as we continue to fight the disease”. 

IFRC seeks to directly impact the lives of over 1.4 million people in Nigeria and across other countries in West and Central Africa under this partnership. For over a century, The Coca-Cola Company and the International Federation of Red Cross and Red Crescent Societies (IFRC) have sustained a rewarding partnership that has seen the rehabilitation and preservation of human lives across the world through the delivery of humanitarian aid and emergency response to communities affected by disasters.

 

 

 


Kindly share this post
Continue Reading

Trending