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Enhanced Financial Forecasting at Bankwest

Using a multi-dimensional approach to add confidence to decision-making and ensure APRA compliance

Keen to remove complexity in the process, increase forecast accuracy, and create a model that would ensure compliance with APRA banking regulations, leading Australian financial services provider Bankwest used the Board Intelligent Planning platform to create a multi-dimensional approach to financial forecasting that replaced a reliance on spreadsheets. The bank now has increased confidence in decision-making in the complex, volatile banking environment, has dramatically increased the efficiency of the process, and is confident its activities are APRA compliant.

Our product teams no longer forecast – they completely trust us to do their forecasting now. The efficiency in that is huge.

Andrew Hodgson

Senior Manager, Operations, Products, And Analytics

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