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Monday, May 16, 2016
Punjab National Bank to modernise enterprise data warehouse
10 May, 2016: Punjab National Bank (PNB), one of India’s “big four” banking groups, is looking to renovate its data management set-up. It issued an RFP “to revamp existing functionality” either by enhancing its current enterprise data warehouse (EDW) or to deploy a new one.
The RFP was issued late last year, for an end-to-end solution for EDW encompassing big data and analytics. Following a number of clarifications and deadline extensions, the RFP has finally and recently closed, Banking Technology understands.
The bank adopted its current EDW nearly ten years ago. IBM supplies the hardware and software components, and the reporting tool is based on SAP’s Business Objects.
The set-up provides information by utilising historical and current data from all source systems at PNB, including risk management software, CRM, an asset and liability management (ALM) solution from SAS, Infosys’ Finacle core banking system, ATM switch, Misys’ FusionCapital Kondor for treasury, HR management, digital banking and so on.
The new solution will leverage the existing IT architecture and will cover the entire organisation. It will be capable of handling large and complex data with 2,000+ concurrent users, and will handle both structured and unstructured data. It will be based on “the latest technology”, PNB states, such as Hadoop, Data Lake, Data Discovery etc. The availability of the solution should be at least 99.5%.
PNB expects the “extract, transform and load” (ETL) process of the new solution to be capable of processing data real-time and end-to-end. “Existing ETL process should be integrated in such a way that loading process can take place with least manpower requirement,” it states.
Scalability is vital too, with the system built capable of processing incremental 100 GB of data and overall database size of more than 200 TB.
PNB: facts and figures
PNB is state-owned. Its HQ is in New Delhi.
It has a network of 6,300 branches and over 7,900 ATMs.
It serves over 80 million customers.
Outside its domestic market, PNB has branches in Hong Kong, Dubai and Kabul. It also has a subsidiary in the UK – PNB International Bank – with seven branches.
It has representative offices in Oslo, Shanghai and Sydney.
PBN owns 51% of Druk PNB Bank in Bhutan, 20% of Everest Bank in Nepal and 84% of PNB Bank in Kazakhstan.