#Japan #Tokyo #Regional Banks #DYNATREK #MEJAR

DYNATREK BI Platform Adopted by All Five Regional Banks Utilizing MEJAR

In a significant move to enhance data utilization and efficiency, all five local banks using the mutual system "MEJAR" have started employing the "DYNATREK BI Platform". This integration marks an important step in consolidating data across banking operations, thereby streamlining decision-making processes and improving operational efficiency. The initiative is led by DYNATREK Corporation, headquartered in Minato-ku, Tokyo, under the leadership of CEO Joji Saeki.

The banks involved in this initiative include Yokohama Bank, Hokuriku Bank, Hokkaido Bank, Shichijushichi Bank, and Higashi-Nihon Bank. The deployment process has already commenced at three of these banks—Yokohama Bank, Hokuriku Bank, and Higashi-Nihon Bank—with plans for Hokkaido Bank to complete its integration by May 2025 and Shichijushichi Bank by January 2026.

Background

The adoption of the DYNATREK BI Platform stems from the pressing needs of regional financial institutions, which are focusing not only on accelerating enterprise-wide data utilization but also on developing digital transformation (DX) talent and enhancing internal operations. It is imperative for headquarters, system departments, and sales divisions to work cohesively in a data-driven environment.

To address these challenges, the DYNATREK BI Platform has been selected as a tool to provide a flexible environment for various internal divisions to utilize data effectively. Additionally, it promotes the sharing of knowledge and expertise among the MEJAR participating banks, fulfilling the evolving demands of the financial landscape.

Future Developments

DYNATREK is committed to further improving the DYNATREK BI Platform, tailoring features and content to meet each bank's specific challenges. This focus aims to amplify sales strategies and streamline operations based on robust data insights. Furthermore, DYNATREK plans to foster a community that facilitates the exchange of knowledge and practical case studies among MEJAR participant banks.

This community initiative is designed to support regional financial institutions in their data strategy and advance their digital transformation goals, positioning the DYNATREK BI Platform as a fundamental resource for ongoing evolution.

About DYNATREK Corporation

DYNATREK Corporation specializes in providing the virtual data integration tool, DYNATREK BI Platform, along with consulting services for data utilization. The platform is built on proprietary virtual integration technology, developed since the 1980s and protected by patents in both Japan and the United States. The tool has been implemented in 75% of top regional banks through DYNATREK's consulting expertise and serves as a large-scale integrated information foundation for approximately 30 domestic financial institutions in addition to various sectors, including telecommunications, public services, and manufacturing.

In conclusion, the integration of the DYNATREK BI Platform represents a pivotal advancement for the participating banks, paving the way for an enhanced approach to data management and operational efficiency in the evolving financial landscape.