P&N Group in Australia has engaged Informatica and Snowflake, the Data Cloud company, for cloud analytics modernisation, encompassing Informatica’s Intelligent Data Management Cloud’s AI-powered cloud-native services including data ingestion and orchestration, data quality, and governance on Snowflake Data Cloud for reporting, analytics and data science.
P&N Group is represented by P&N Bank in Western Australia and BCU Bank in New South Wales and Southeast Queensland. The new technology partnership with Informatica and Snowflake is part of P&N Group’s digital transformation strategy that aims to deliver more personalised banking for its customers while ensuring the protection and integrity of customer data.
Why did P&N Group onboard the solution?
The Informatica and Snowflake solution will give P&N Group better business agility through rapid scaling of high data volumes and removing siloed data across P&N Bank and BCU Bank systems to derive meaningful insights across their networks by connecting and unifying data. This will help the bank’s data science team better support customer satisfaction, retention, and the overall customer experience by providing the bank with more robust data management.
Chris Malcolm, GM of Data & Open Banking at P&N Group said, “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 and advanced data ingestion.”
“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.”
What does this mean for Informatica and Snowflake?
In his comment, Ash Willis, Vice President at Partners and Alliances – APJ at Snowflake said, “We look forward to partnering with Informatica to support P&N Group’s data-led digital transformation that can help drive the evolution of customer engagement in financial services.”
Richard Scott, Vice President for Asia Pacific at Informatica said, “This is a partnership that we are truly excited about, especially with P&N Group’s plan to adopt our new AI-powered, cloud-native solutions to improve customer experience and regulatory compliance. We are honored to work alongside a brand that embodies technology transformation, and we look forward to supporting them throughout their data-driven-digitalization journey to bring their data to life.”
For more information on P&N Group’s partnership with Informatica and Snowflake, click here.