Finance ops · Production

Standard Chartered Bank achieves enterprise data analytics excellence across all divisions with Dataiku

The problem

Standard Chartered Bank needed an enterprise-wide data analytics platform that could handle large data volumes, serve diverse user personas from business analysts to managing directors, and advance AI and ML adoption across all divisions, while being cost-competitive against building internal custom solutions.

Workflow diagram · grounded in source
1
DIVE team requirements engagement
trigger
“In 2020, Data Technology formed the Data Innovation Value Engagement (DIVE) team. The role of this dedicated team is to engage directly with business and other functions to understand their requirements, identify existing solutions withi…”
2
Citizen Data Science Training Program
output
“Designed and operated the Citizen Data Science Training Program that familiarizes users with Dataiku and introduces them to the fundamentals of data science and ML in practice. Created a dedicated training portal with content tailored sp…”
3
FP&A dashboard and data marketplace
ai_action
“using Dataiku to run three major systems at the bank and to refresh daily Tableau dashboards for all the bank's finances, a laborious task previously done in spreadsheets. They've developed a data marketplace that people across the organ…”
4
FP&A productivity outcome
output
“two people in the financial planning and analysis (FP&A) team armed with Dataiku applications are doing the work of about 70 people limited to spreadsheets. That means increased analyst productivity by a factor of 30 by replacing spreads…”
5
Space Planning Optimization Tool (SPOT)
ai_action
“They used Dataiku to develop the Space Planning and Optimization Tool (SPOT), which associates data from different systems, provides a single source of truth for analyzing data for space planning, and uses analytical techniques to determ…”
6
Portfolio analytics and rebalancing
ai_action
“Standard Chartered Bank used Dataiku to automate portfolio analytics with data from disparate systems. Plus, they extended this use case to the next logical step: recommending portfolio rebalancing to maximize ROI, tailored to the differ…”
7
CoE digital scaling with Deloitte
integration
“Dataiku and Deloitte have partnered to create a powerful combination of data science and analytics capabilities that will take Standard Chartered Bank to the next level through a comprehensive digital scaling program”
Reported outcome

Dataiku became the enterprise gold standard at Standard Chartered Bank, with 518 staff completing data science training since 2020, demand for training increasing by 400%, the FP&A team achieving a factor of 30 analyst productivity increase over spreadsheets, and the bank on track to reduce its property portfolio by 700,000 square feet to achieve a 34-million-dollar reduction in annual property cost.

Reported metrics
Staff completing Citizen Data Science Training Program since 2020518
Staff completing training in 2022237
Dataiku online training course completionsmore than 700
Dataiku certifications earned123
Show all 11 reported metrics
Staff completing Citizen Data Science Training Program since 2020518
Staff completing training in 2022237
Dataiku online training course completionsmore than 700
Dataiku certifications earned123
Training demand increase since 2020400%
Platform adoption ratemore than doubling in the past year
FP&A analyst productivity increasefactor of 30
FP&A headcount equivalencetwo people doing the work of about 70 people
Global office attendance declinefrom 72% all the way down to 42%
Property portfolio reduction target700,000 square feet by 2028
Annual property cost reduction target34-million-dollar
Reported stack
DataikuTableauDataiku Academy
Source
https://www.dataiku.com/stories/detail/scb/
Read source ↗

Frequently asked questions

What did this team achieve with this AI workflow?

Dataiku became the enterprise gold standard at Standard Chartered Bank, with 518 staff completing data science training since 2020, demand for training increasing by 400%, the FP&A team achieving a factor of 30 analys…

What tools did this team use?

Dataiku, Tableau, Dataiku Academy.

What results were reported?

Staff completing Citizen Data Science Training Program since 2020: 518; Staff completing training in 2022: 237; Dataiku online training course completions: more than 700; Dataiku certifications earned: 123 (source-reported, not independently verified).

How is this finance ops AI workflow structured?

DIVE team requirements engagement → Citizen Data Science Training Program → FP&A dashboard and data marketplace → FP&A productivity outcome → Space Planning Optimization Tool (SPOT) → Portfolio analytics and rebalancing → CoE digital scaling with Deloitte.

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