Union Bank’s dilemma was how to deliver a quality, low-cost product to its business units that would enable them to derive business value from their data much faster. The Bank also needed a more flexible approach to data warehouse development and sought quick time-to-value.
Union Bank is using WhereScape RED to enable automated and agile Microsoft SQL Server development, the results being fast development - in weeks not months - of business-critical data marts that are fully documented.
Union Bank used WhereScape RED to rapidly scope, prototype, and build out a business facing data mart in less than 8 weeks, as opposed to 6-8 months using previous development methods. WhereScape’s metadata management and data lineage capabilities, along with its automatically-generated documentation, are key to Union Bank’s compliance efforts. Union Bank's new consumer-lending data mart has been a great success, resulting in other business units requesting similar assistance.
MUFG Union Bank, N.A., with assets of $113.5 billion as of June 30, 2015, is a full-service bank with offices across the United States, providing a wide spectrum of corporate, commercial, retail banking, and wealth management solutions to meet the needs of customers. The bank also offers an extensive portfolio of value-added solutions for customers, including investment banking, personal and corporate trust, capital markets, global custody, transaction banking, and other services.
Union Bank used WhereScape RED to rapidly scope, prototype and build out business facing data marts from source systems in less than 8 weeks. Using conventional development methods would have required 6-8 months.