Description
Swedbank is the largest bank in Sweden & third largest in Nordics. They have about 7-8M customers across retail, mortgage , and investment (pensions). One of the key drivers for the bank was to look at data across all silos and build analytics to drive their ML models - they couldn’t. That’s when Swedbank made a strategic decision to go to the cloud and make bets on Databricks, Immuta, and Azure. -Enterprise analytics in cloud is an initiative to move Swedbanks on-premise Hadoop based data lake into the cloud to provide improved analytical capabilities at scale. The strategic goals of the “Analytics Data Lake” are: -Advanced analytics: Improve analytical capabilities in terms of functionality, reduce analytics time to market and better predictive modelling -A Catalyst for Sharing Data: Make data Visible, Accessible, Understandable, Linked, and Trusted Technical advancements: Future proof with ability to add new tools/libraries, support for 3rd party solutions for Deep Learning/AI To achieve these goals, Swedbank had to migrate existing capabilities and application services to Azure Databricks & implement Immuta as its unified access control plane. A “data discovery” space was cre…
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