Investor Relations

Case Study: Investor Relations- European Bank smaller and more efficient than spreadsheets

The Investor Relations office of one of the largest European commercial banks used multiple spreadsheets to track information on shareholders and analysts. As the size of the bank's investor base, the rate of change in shareholdings and the sophistication of the targeting and contact management requirements was increasing, the manageability of the spreadsheet-based solution decreased.

Challenges:

The requirements were outgrowing the capabilities of a spreadsheet-based solution, but building a database solution would introduce costs and complexities that users were trying to avoid.

• size/portability of spreadsheet files- some were exceeding 10 MB...too big to e-mail
• multi-step queries to find key contacts were taking hours to perform
• files had had multiple owners over time- introducing many data quality and consistency issues
• need to merge up-dated data on the investor base changes with contact history data
• need to add information on geographical location to help plan "roadshows'
• desire to use a relatively simple, file-based, end-user tool, rather than create a database

Omniscope Solution:

Simply opening and saving the Excel file in Omniscope reduced file size about 40x... to 250 KB!

-Naming consistency and other data issues resolved quickly in Omniscope using bulk category re-naming -All queries, no matter how complex, are now executed in seconds -Omniscope permits bulk updates and live links from web services such as IR Channel -Map View facilitates planning routes for management meetings and invitations lists for roadshows

The same Omniscope file used to track changes in investor holdings is delivered unchanged as a top management 'dashboard' report...no data transfer, re-formatting or other applications required.

Next steps: Try new experimental Live Sharing feature allowing more than one person to use the same Omniscope file.

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