Enhanced Financial Forecasting at Bankwest

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 decision-making 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.