COUNTRY FOCUS: THAILAND
How the Bank of Thailand unlocked the full potential of Cloudera to foster a data-driven culture.
The Bank of Thailand: Empowering data-driven dec with Cloudera’ s AI-powered
Bangkok skyline
The Bank of Thailand( BOT), based in Bangkok, is the central bank responsible for ensuring economic stability and sustainable growth in Thailand.
The BOT has consistently ensured orderly economic and financial conditions to support stable and sustainable growth in Thailand.
Overcoming SQL complexity to unlock critical insights
In 2024, the BOT launched the Regulatory Data Transformation( RDT) program, aimed at creating a comprehensive data repository to provide a detailed understanding of Thailand’ s economic landscape and support informed policy decisions.
Central to this initiative was a vast trove of loan-level data, encompassing over 1,000 fields and 25 million loan accounts per month. Cloudera was selected for its robust data management and analytics tools, which are essential for handling the large and complex RDT dataset.
Cloudera was implemented in a hybrid cloud environment, allowing BOT to manage and analyze the extensive loan-level data effectively. However, traditional methods of managing and analyzing this extensive dataset required specialized Structured Query Language( SQL) coding skills. SQL is a programming language used to manage and manipulate databases, but its complexity created bottlenecks, limiting access to critical insights. Analysts struggled to efficiently extract meaningful information due to the sheer volume and complexity of the data.
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