en.Wedoany.com Reported - Encore has built a data portal for IBK Industrial Bank, focusing on enhancing data literacy and AI application levels to foster a "virtuous cycle ecosystem for data."
The AI and data specialist announced on the 6th that the project not only completed system construction but also underwent an internalization phase to ensure employees could actually use it. The project is part of IBK Industrial Bank's big data platform initiative, strategically positioned for the AI era, aiming to achieve company-wide data assetization, support data-driven decision-making, and make the portal a unified internal gateway.
The system is designed around three core visions: one-click data access, one-stop data analysis, and single-shared insight analysis value. This enables all employees to use data conveniently and efficiently, strengthening the data-driven decision-making system and enhancing AI readiness.
The standout feature is the construction of a "virtuous cycle ecosystem for data," where data generation, utilization, and sharing form a loop, allowing all employees to participate. After searching and querying required data in the portal, users can process and use it in personal analysis environments or folders, and can also re-register result datasets into the catalog for reuse. This approach helps continuously accumulate and share data knowledge and analytical assets within the organization, promoting data assetization.
The system also offers several convenience features: through data catalogs and source data and business metadata management, it establishes a business-centric terminology system to improve search and comprehension efficiency; a web-based self-service data analysis environment allows non-IT personnel to easily handle data, simplifying the analysis process with click-based preprocessing and various visualization functions.
Tailored to the financial industry, the system integrates the Data LAB insight module, centralizing internal and external data such as government policies, financial regulations, legal information, and key operational indicators. This allows users to explore and analyze on a single platform, helping improve business efficiency and decision-making speed.
Alongside building the data portal, IBK Industrial Bank also launched supporting projects to enhance data literacy and promote utilization, including rewarding top users and activating internal communities. This aims to permeate a data utilization culture throughout the organization and improve overall data readiness. A relevant official from IBK Industrial Bank noted that in the AI era, data accessibility and utilization capabilities determine corporate competitiveness, especially in the financial sector, which relies on clear data for business operations. This portal construction creates an environment for employees to improve data literacy, enabling the bank to adapt to the requirements of the AI era in advance.
An Encore official stated that the key to AI success lies in systematically acquiring and utilizing trusted data. In this project, IBK Industrial Bank, from the perspective of AI-ready data, organically linked data management and utilization processes, laying the foundation for the application of AI and AI agents. Encore will continue to support the bank in enhancing data readiness and driving data utilization innovation, helping it become a leading financial institution in data utilization and AI internalization.
