Over the last couple of years we integrated our solutions within some of Australia’s most respected financial institutions.
Here are some of their stories:
Improving and maturing APRA reporting around predicting expected credit losses
Neo Analytics: Empowering Seamless Mergers for a Stronger Future
When Beyond Bank embarked on one of its transformation journeys—merging with another financial institution—the complexity extended far beyond legal and operational alignment. It required a deep, data-led understanding of customer behaviour, systems integration, regulatory compliance, and brand continuity. This is where Neo Analytics stepped in as a strategic partner, not just a technology vendor.
One of the most immediate challenges was the departure of several senior staff who previously led or had in-depth experience with core banking integrations. This created a capability gap in both the strategic planning and technical execution of the merger. Without this institutional knowledge, Beyond Bank faced an increased risk of missteps in systems alignment, data mapping, and change management.
APRA and ASIC maintained heightened oversight during the transition, particularly under CPS 230 and related regulatory frameworks. The challenge was not just meeting compliance—but doing so with transparency, automation, and agility.
Neo Analytics was engaged to stabilise, simplify, and accelerate this transformation—particularly where internal capability had been lost. Our approach combined deep industry experience, a proven M&A data integration framework, and agile delivery practices to step into the void and ensure success from planning through to execution.
Rapid Data Recovery & Platform Enablement for Metro Finance
Metro Finance was experiencing an unexpected disruption that impacted core data assets across their business. This challenge affected operational continuity, internal reporting, and the ability to meet time-sensitive obligations.
Recognising the need for a rapid and structured response, Metro engaged Neo Analytics to deploy a cloud-based data foundation using Databricks to improve access and availability of data. The priority was to lay a scalable foundation for advanced analytics and AI enablement moving forward.
Neo Analytics responded with a structured, multi-phased approach that combined deep technical capability with strategic oversight. The first priority was configuring a secure and Databricks tenant tailored to Metro Finance’s governance and performance needs. In conjunction with the customer, Neo orchestrated a series of controlled workloads designed to systematically refactor data storage and the key datasets providing easy access to Metro staff.
Throughout the process, data accuracy and integrity were rigorously validated against available benchmarks and reference points.
Data access improvements occurred within weeks, significantly faster than projected recovery timelines.
Built a resilient analytics platform that now serves as a foundation for Metro’s ongoing data strategy.
Enabled data-driven decision-making to continue— across finance, operations, risk, and customer service teams.
Established confidence in data controls and recovery capability inline with expectations.
From chaos to clarity — data migration done right.
Neo Analytics engaged with Greater Bank to contribute to the configuration management of a very complex data migration program aimed at moving their core banking system onto a new platform. Neo involvement included:
Migrating from a bespoke core banking system to a general-purpose core banking platform is no small task, especially in a regulated environment like banking.
Data structures, relationships, and naming conventions in bespoke platforms rarely align cleanly with those in off-the-shelf solutions.
Moving to a new core demands rebuilding or reconfiguring integrations across dozens of touchpoints.
Extracting workflows and compliance procedures embedded in the bespoke system. Moving from “we build and control everything” to “we configure and adapt” required a cultural and mindset shift within IT and the business.
Migrating from a bespoke core banking system to a general-purpose core banking platform offers several strategic and operational benefits, particularly when viewed through the lens of long-term scalability, regulatory compliance, and modernisation.
Foundational Cloud: The First Step to Data-Driven Maturity
Neo Analytics was tasked with providing a comprehensive framework for leveraging data as an asset to drive innovation, optimise operations, and enhance customer experiences. Neo devised a strategy to align with the bank’s overarching business objectives and outlined a systematic approach to effectively manage, analyse, and use data in compliance with industry regulations and cloud best practices.
Success outcomes ranged across strategic, operational, cultural, and customer domains and aligned with the expected banking sector KPIs and regulatory expectations.
Improving and maturing APRA reporting around predicting expected credit losses
In 2019, requirements around a new standard from the AASB came into full effect on bad and doubtful debt. Work completed by Queensland Country met the initial requirements by external auditors, however PwC noted a requirement to build and enhance the model into the future and to improve and mature their APRA reporting around credit recognition and measurement.
Neo-Analytics automated the ingestion, validation and modelling of their data using PliantTM, our cloud-based AI analytic tool, and achieved:
Neo Analytics is a proud member of the RegTech Association
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