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Hungarian Trade Bank Accelerates Data Updates by 70% for Improved Business Continuity

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Executive Summary

Hungarian Trade Bank (MKB) wanted to upgrade the bank's data warehouse to provide up-to-date analytical data for critical daily tasks, such as controlling, balancing results, and reporting to parent bank, to ensure an on-time start of business each day and develop a complex, constantly growing timeline for long-term risk management. The challenge was to build a scalable IT architecture to manage the bank's steadily increasing volume of financial data for both foreign subsidiaries and local units. MKB decreased the time needed for data updates by 70% with Oracle Database, enabling the bank to provide up-to-date data for the daily start of banking business.

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