P&N Group focuses on cloud analytics

P&N Group will implement a cloud analytics solution from Informatica and Snowflake as part of its ongoing digital transformation. The group incorporates P&N Bank in Western Australia and BCU Bank in NSW and South East Queensland.

The solution incorporates Informatica’s Intelligent Data Management Cloud’s AI-powered cloud-native services including data ingestion and orchestration, data quality and data governance on Snowflake Data Cloud for reporting, analytics and data science.

It is envisaged that implementation will give P&N Group greater business agility by rapidly scaling high data volumes and removing siloed data across P&N Bank and BCU Bank systems to derive insights. This will help the bank’s data science team to better support customer satisfaction, retention and overall customer experience. It will also provide the bank with more robust data management for regulatory reporting purposes.

“As a leading customer-owned banking group in Australia, P&N Group’s transformation program involves an investment in strategic platforms that will provide secure data environments, advanced data ingestion and offer advance automated governance tools,” said Chris Malcom, General Manager, Data & Open Banking at P&N Group.

“Through our digital transformation partnership with Informatica and Snowflake, we are confident it will help us to be placed at the forefront of the next generation of banking.”

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