Kuveyt Türk Participation Bank Inc., established on March 31, 1989, is one of the first participation banks in Turkey, operating in line with the principles of interest-free banking. Its largest shareholder, Kuwait Finance House, founded in 1977, is among the first banks in the world to operate fully in compliance with Islamic banking principles. As of December 31, 2013, Kuveyt Türk had a total of 265 branches domestically and abroad, with plans to expand that number to 316 within the same year. In line with its vision of becoming an international participation bank, Kuveyt Türk has also established branches and representative offices abroad.
In 2008, Kuveyt Türk became the first company in Turkey to implement Microsoft’s PerformancePoint application Budgeting and Planning module with the support of Bicentrix consultants. Before the project began, detailed analyses were carried out jointly by Bicentrix and Kuveyt Türk teams to define the overall process flow, followed by the start of development activities.
At that time, budget data entered by Kuveyt Türk users via the Microsoft PerformancePoint interface was stored in a staging database. Operational data was also transferred into the same database and then synchronized with the application database using Microsoft PerformancePoint batches. A large model powered by complex OLAP cubes supported with Microsoft MDX queries enabled end users to perform analytical reviews of this data.
Initially, BudgetPort was positioned to address the most problematic yet fundamental stage of the budgeting process—Budget Data Entry. In this stage, budget data was entered using Microsoft PerformancePoint Excel Add-in forms. However, these forms were not user-friendly, and each form had to be specifically designed within the process. Furthermore, updates in case of changes required lengthy modification efforts.
At the same time, Kuveyt Türk was also experiencing server performance issues, which limited user flexibility. To overcome these challenges, it was essential to establish a stronger and more reliable server infrastructure.
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