Summary
This case study details how Origin Bank has improved its data access and analysis capabilities through the implementation of Domo's business intelligence platform. Prior to using Domo, the bank faced challenges in accessing data stored across various siloed sources, which hindered employees' ability to act quickly and efficiently. With Domo, bankers can now easily access and analyze customer data, leading to enhanced service and decision-making. The platform allows for real-time monitoring of portfolios, enabling proactive management rather than reactive responses. The case study also highlights the significant time savings reported by lenders, who now save 15 to 20 minutes daily in data access. Additionally, Domo has facilitated the bank's expansion of insights into new markets without the need for additional tools, resulting in substantial cost savings. The bank estimates a savings of approximately $200,000 in its first year by avoiding the purchase of alternative data solutions. Overall, Domo has proven to be a valuable asset for Origin Bank.
