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SAND Technology - Intelligent Information Management
 
SAND/DNA for Financial Services
 

"We're very impressed with the ease of use of SAND/DNA. Even very large volumes of data can now be made available for strategic analysis..."
— Detlef André, Head of Data Warehousing/Web Development at KKH

For financial services organizations, stiffer competition and increased regulatory control has brought not only an explosion in the amount of data that has to be managed, but also a pressing need to make more of it easily accessible for analysis and audits. These companies need to take maximum advantage of data resources both internal and external to their organizations, in order to achieve the insights that will make it possible to penetrate new markets, perform better in existing markets, enhance the services provided to customers and producers, and more quickly develop the products demanded by the market.

SAND/DNA enables enterprise customers in the financial services industry to cost-effectively retain massive amounts of compressed data in a nearline repository for extended periods, in accordance with any applicable business rules and regulatory requirements, and to rapidly retrieve just the information they need, whenever it is needed. A centralized data management solution with unparalleled performance and storage efficiency, the SAND/DNA suite dramatically reduces costs and management complexity while ensuring continuous data availability.

SAND/DNA can act as the platform for high-performance analytic applications in areas such as:

  • Fraud detection
  • Customer Insight
  • Basel II and Sarbanes-Oxley compliance

Or, it can enhance data warehouse performance through application of Intelligent Information Management principles to warehouse design and data storage practices.

Find out more about SAND/DNA >>

About SAND Technology

SAND is an international provider of intelligent information management software. The SAND/DNA product suite scales to help any size enterprise cope with exploding data requirements, now and into the future. SAND/DNA Access allows for retaining all potentially relevant data in a tiny footprint while providing instant access to just what's required. SAND/DNA Analytics allows for complex what-if analysis to meet any planned and unplanned business need. Sharing SAND's patented “ask-anything” DNA, together they provide a just-in-time approach to data management with unparalleled productivity and cost-effectiveness.

SAND/DNA solutions include SAP-certified information management, CRM analytics, and specialized applications for government, healthcare, financial services, telecommunications, retail, transportation, and other business sectors.

SAND Technology has offices in the United States, Canada, the United Kingdom and Central Europe.

White Paper:
SAND/DNA for Financial Services: Unlocking Data Assets for Competitive Advantage
 
Case Study
Physicians Mutual Insurance Company (PMIC) has over $3.5 billion in life insurance in force, and a variety of products.
Challenge
PMIC's Finance Department had a pressing need to analyze Product Performance monitoring data to support critical decisions regarding pricing, product design, and marketing. However, data accessibility was severely limited on the existing system: it could take anywhere from 5 to 30 days to return answers to analytic queries. The indexing capability of the traditional relational database was unable to support the kind of complex ad hoc querying that was critical to the project.
Solution
After PMIC implemented a solution using SAND/DNA, response times for ad hoc queries were reduced to between 1 and 30 minutes. Such a vast improvement in response time means that PMIC's Financial Analysis function can now access information which had been virtually unavailable before. In addition, as a result of the dramatically lowered response times, end users can now continue asking related follow-up questions and easily perform additional ad hoc analyses.
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