Business intelligence as a knowledge management tool in providing financial consultancy services

The main objective of this paper is to elaborate how Business Intelligence (BI) as a knowledge management tool could help consultants in providing professional services to the financial sector. The Business Intelligence (BI) solution could be a competitive advantage for the consultants if they are a...

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Main Authors: Muhammad, Gul, Ibrahim, Jamaludin, Bhatti, Zeeshan, Waqas, Ahmad
Format: Article
Language:English
Published: Science and Education Publishing 2014
Subjects:
Online Access:http://irep.iium.edu.my/38044/
http://irep.iium.edu.my/38044/1/Business_Intelligence_as_a_Knowledge_Management_Tool_in_Providing_Financial_Consultancy_Services.pdf
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author Muhammad, Gul
Ibrahim, Jamaludin
Bhatti, Zeeshan
Waqas, Ahmad
author_facet Muhammad, Gul
Ibrahim, Jamaludin
Bhatti, Zeeshan
Waqas, Ahmad
author_sort Muhammad, Gul
building IIUM Repository
collection Online Access
description The main objective of this paper is to elaborate how Business Intelligence (BI) as a knowledge management tool could help consultants in providing professional services to the financial sector. The Business Intelligence (BI) solution could be a competitive advantage for the consultants if they are able to exploit the Business Intelligence (BI) tools and technology such as Data Warehouse, Data Mining, On-Line Analytical Processing (OLAP) and Extraction Transformation Load (ETL). The consultants can use Business Intelligence (BI) solution to analyze the organizational data such as structures and business processes of the Financial Institution. By analyzing the organizational data, the financial institution can imp better rove and streamline functional efficiencies to not only bolster up sales and marketing strategies and better develop customer services program, but also mitigate risk by developing more appropriate risk management actions. In brief, by having this competitive advantage, the consultant will be able to withstand in the market, which is always changing.
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spelling iium-380442014-09-08T01:17:39Z http://irep.iium.edu.my/38044/ Business intelligence as a knowledge management tool in providing financial consultancy services Muhammad, Gul Ibrahim, Jamaludin Bhatti, Zeeshan Waqas, Ahmad HG4001 Financial management. Business finance. Corporation finance. The main objective of this paper is to elaborate how Business Intelligence (BI) as a knowledge management tool could help consultants in providing professional services to the financial sector. The Business Intelligence (BI) solution could be a competitive advantage for the consultants if they are able to exploit the Business Intelligence (BI) tools and technology such as Data Warehouse, Data Mining, On-Line Analytical Processing (OLAP) and Extraction Transformation Load (ETL). The consultants can use Business Intelligence (BI) solution to analyze the organizational data such as structures and business processes of the Financial Institution. By analyzing the organizational data, the financial institution can imp better rove and streamline functional efficiencies to not only bolster up sales and marketing strategies and better develop customer services program, but also mitigate risk by developing more appropriate risk management actions. In brief, by having this competitive advantage, the consultant will be able to withstand in the market, which is always changing. Science and Education Publishing 2014 Article PeerReviewed application/pdf en http://irep.iium.edu.my/38044/1/Business_Intelligence_as_a_Knowledge_Management_Tool_in_Providing_Financial_Consultancy_Services.pdf Muhammad, Gul and Ibrahim, Jamaludin and Bhatti, Zeeshan and Waqas, Ahmad (2014) Business intelligence as a knowledge management tool in providing financial consultancy services. American Journal of Information Systems, 2 (2). pp. 26-32. ISSN 2374-1953 http://pubs.sciepub.com/ajis/2/2/1/ 10.12691/ajis-2-2-1
spellingShingle HG4001 Financial management. Business finance. Corporation finance.
Muhammad, Gul
Ibrahim, Jamaludin
Bhatti, Zeeshan
Waqas, Ahmad
Business intelligence as a knowledge management tool in providing financial consultancy services
title Business intelligence as a knowledge management tool in providing financial consultancy services
title_full Business intelligence as a knowledge management tool in providing financial consultancy services
title_fullStr Business intelligence as a knowledge management tool in providing financial consultancy services
title_full_unstemmed Business intelligence as a knowledge management tool in providing financial consultancy services
title_short Business intelligence as a knowledge management tool in providing financial consultancy services
title_sort business intelligence as a knowledge management tool in providing financial consultancy services
topic HG4001 Financial management. Business finance. Corporation finance.
url http://irep.iium.edu.my/38044/
http://irep.iium.edu.my/38044/
http://irep.iium.edu.my/38044/
http://irep.iium.edu.my/38044/1/Business_Intelligence_as_a_Knowledge_Management_Tool_in_Providing_Financial_Consultancy_Services.pdf