Customer: Altum Bank (State owned Mortgage Bank)

State-owned bank providing mortgages and business loans both to help the bank’s customers achieve their financial goals and to foster the growth of the Latvian economy.

Business challenge:

  • To implement a central database of financial data, including detailed information on customers, loans, deposits, etc. from various sources and systems:  banks, cards, leasing, accounting etc.
  • Implement transaction-analysis tool to support generation of predefined reports, forecasting and analysis of risks, forecasting and analysis of cash flow

Business results:

  • Accurate and reliable compilation of financial data from various sources into a single database.
  • Unified database with ability to analyze large volumes of financial data.
  • Fast and user-friendly report generation tool, also supports BASEL II requirements.
  • Enhanced forecast awareness of risks and cash flow.


SAP BusinessObjects, SAP Sybase IQ, Ascential DataStage

Supported by our partnership

Client success


«About 300 different types of reports are generated and the number continues to grow. This solution makes report generation easier, allowing users to customize reports and generate reports on past periods. Our cooperation with Exigen Services has been a success.»

Arnis Kalnins
IT Director of Altum