In collaboration with Oracle Consulting Turkey, Neos has signed a contract on the implementation of the reporting/analytical system for the analysis of profitability in Isbank Turkey, the largest Turkish bank.

The cooperation with one of the top 100 global banks was launched after Neos has successfully implemented business intelligence systems to analyze and measure the profitability of a series of leading Croatian banks. The implementation will be carried out by the end of 2012, because the module adapts to the specific requirements of each client. The contract was signed after a successful three-week demo implementation (Proof Of Concept) in Turkey.

The solution is based on the Neos Profitability Analytics module the company developed through years of experience in the implementation of such systems in Croatia and the region. The module consists of a data model and predefined reports (Dashboards) with previously prepared Best Practice Profitability analysis in the context of different dimensions ? from the profitability of business and organizational units, products, customer segments, to the lowest level of client profitability or individual contractual relationships. The system provides the possibility of multidimensional analysis of the structure, trends, change causes, variations, the top N positions, relationships and other key indicators related to each component of income and expense that affect the final result. The main source of data is the Oracle Financial Analytical Applications database where the preparation and the calculation of all the individual components that affect the profitability of each customer, product, organizational unit are made.

The module is based on the Oracle database, Oracle Data Integrator and Oracle Business Intelligence Enterprise Edition tools.