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Success Story

Achieving Significant Efficiencies, Cost Reduction, and Regulatory Compliance 

A global bank used Graphwise’s GraphDB to create a Connected Inventory that integrates all information assets into an enterprise knowledge graph. This enabled real-time incident response, significant cost savings, and enhanced regulatory compliance through federated data management.

The Client

Global bank managing diverse information resources across employees, hardware, software, networks, customers, and locations 

The Challenge

The bank needed to integrate disparate information sources to enable real-time responses to critical issues like server outages, employee transitions, security threats, and adhere to regulatory and policy compliance requirements 

The Solution

Using Graphwise’s GraphDB, the bank created a connected inventory that integrates siloed data from various sources into a unified, queryable enterprise knowledge graph

Technical capabilities

  • Federated data management integrating employees, hardware, software, networks, customers, and locations  
  • Real-time query capabilities delivering answers in seconds across all information assets

Business outcomes

  • Significant cost savings through optimized resources and automated incident management  
  • Improved risk identification and management through 360-degree enterprise visibility

The Challenge

The bank faced major information hurdles due to data islands and organizational incentives that perpetuated siloed information management. This created critical operational challenges:

  • Adhering to regulatory and policy compliance requirements such as adaptation to regulation changes that could disrupt operations, response to policy changes requiring business process adjustments, fast error response in data publishing
  • Responding to real-time incident management needs such as identifying impacted business processes and responsible parties when servers went offline, managing employee transitions and responsibility handovers, responding to security threats from open-source libraries and identifying affected systems

The Solution

Graphwise built a connected inventory knowledge graph. It enabled the bank to integrate meaningful, correct, current, and trusted information from all sources and turn it into useful knowledge.

The highly connected inventory powered by Graphwise’s GraphDB used flexible graph data models to unify and standardize meaning across the bank’s information assets. This enabled sophisticated expression of asset classes and their relationships as they appeared in real life.

The solution provided rich metadata integration for clear asset identification and gap-filling capabilities. Teams could simply run queries against the graph and get answers in seconds, enabling real-time decision-making and incident response with comprehensive pattern recognition across the enterprise.

The Impact

The connected inventory knowledge graph delivered comprehensive improvements across four key areas:

  • Increased operational capacity such as consistent enterprise asset view enabling standardized operations, automated best practices performance at speed and scale, W3C standards compliance avoiding vendor lock-in
  • Improved capabilities such as asset discovery and identification across the entire enterprise, unified meaning and standardization across disparate systems, holistic enterprise analysis enabling pattern recognition and insight generation
  • Cost optimization through significant resource savings via automated incident management and reduced manual efforts, new revenue streams by monetizing existing information assets, infrastructure cost reduction across physical and IT resources
  • Enhanced control such as real-time big-picture visibility with drill-down capability, 360-degree financial performance analysis with interconnected ROI assessment, comprehensive risk management 

Details

Industry: Financial Services
Offer GraphDB
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Facing Similar Challenges?

Struggling with data silos that slow down incident response and increase operational risks in your financial institution?

Whether you're a bank, financial services firm, or regulated organization, Graphwise can help you:

  • Integrate disparate information assets into one queryable enterprise knowledge graph   
  • Enable real-time incident management and regulatory compliance responses   
  • Identify risks and opportunities through comprehensive asset relationship analysis  
  • Reduce operational costs while enhancing control and decision-making capabilities

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