STL releases integrated GIS solution for Nigeria’s Banking Industry

October 17, 2007 -- STL -Nigeria's foremost GIS solution provider is happy and proud to announce the release of an integrated GIS solution specifically designed for the financial industry in Nigeria. This solution involves the use of a mapping software that comes with the package to interact with digital mapping data and business data such as with the location of banks, customer data, to make informed business decision. The city maps cover some 12 Nigerian cities including: Lagos, Abuja, Portharcourt, Onitsha, Warri, Kano, Ibadan, Owerri, Bauchi, Abeokuta, Enugu, and Calabar.

This integrated product suceeds in integrating spatial technologies, and business data into one exquisite integrated business solution capable of supporting serious strategic decision in the banking industry.

The solution contains the location of all branches for UBA, Intercontinental Bank, Diamond Bank, Zenith Bank, Bank PHP, Access Bank, Oceanic Bank , Wema Bank, Guarantee Trust Bank, First Bank, Union Bank, FirstInland Bank, Sterling Bank, Spring Bank, IBTC Chartered Bank, Skye Bank, Unity Bank, and others

The product is priced according to city. Each city comes with the followings:
  1. DIGITAL CITY MAPPING DATA: This is city map showing all the streets in each city such as Lagos
  2. DIGITAL LANDUSE MAP. This map is usually used for colourful background
  3. BANK LOCATIONS: This layer contains such details as the name of Bank, Address, ATM,Suburb, City, a picture of the bank and its geographic coordinates
  4. GIS SOFTWARE: MapInfo Professional is the software of choice that enables users to get the most of the data to make decisions. 
  5. SOLUTION INTEGRATION: STL undertakes to integrate the different seperate data into one unique solution. This covers mapping data integration, logical modelling, phycial database modelling and implementation.
  6. TRAINING: MapInfo Professional is an easy to master and use GIS application and it is quite common for even the curious user to become quite an accomplished user within a relatively shorter time 
  7. SUPPORT & MAINTENANCE: This will be provided FREE over a period of 3months to ensure that the objectives of the solution are easily realized and there is returns on investment.
According to Anthony Lawrence, -STL’s Business Development Manager, “This is a well tried and tested solution that will indeed confirm that a map is the equivalent of a thousand words as it shows on a map what will be extremely difficult to capture using thousands of words or even the traditional row-column tabular format. The solution can easily be integrated into existing corporate databases as it comes with MapInfo Professional which is regarded in the market as the world’s leader in location business intelligence. Using MapInfo Professional's robust DBMS, it makes it a lot easier to connect to Oracle, or SQL Server or other databases effortlessly to bring to live the content of a bank’s database"

From management's perspective, Ireti Ajala -STL's CEO who once served as MTN's senior GIS Specialist for over 5years said that "Investing in this kind of solution in Nigeria is really a course of wisdom for most banks because it can be proved that over 70% of all decisions that a bank makes everyday is tied to geography. This type of solution will enhance the making of fast and informed corporate decisions and it will easily provide returns on investment within a relatively shorter time"

STRATEGIC DECISIONS FOR BANKS USING STL'S INTEGRATED GIS SOLUTION: This solution can be useful for any bank in Nigeria in the following areas:
  1. BANK AND ATM SITE ANALYSIS : e.g Where should the next Access Bank's branch in Ibadan be sited?
  2. BANK NETWORK COMPETITIVENESS/OPTIMIZATION: e.g are the branches of Oceanic bank in Surulere making more profit than the ones at Isolo? 
  3. COMPETITOR INTELLIGENCE MAPPING: Is GTB interested in knowing the location of all Zenith Bank's branches in Kano? 
  4. CUSTOMER MANAGEMENT IDENTIFICATION CAND TARGETING: what is the geographic location of all Spring bank customers who opened domiciliary account in the last 4months in Abuja?
STL will be happy to hold a brief demonstration for the benefit of any interested bank to highlight how they can leverage on the visual power that GIS offers over other traditional methods of analysis. The strategic planning unit of most banks will particularly find this intergated solution very interesting and useful.

The entire package is a lot cheaper than most banks do envisage and most importantly it is priced in 'NAIRA'. Call STL today and you will be pleasantly surprised at how cheap it actually cost


STL is Nigeria’s foremost mapping and GIS consulting company with offices in Lagos and UK. We specialize in developing geospatial databases and solutions about Nigeria for the Nigerian market. We have extensive experience in collecting and processing data from geographic information sources as digitized maps, satellite imageries and aerial data. STL is seriously investing in what is now regarded as Nigeria's largest geo-spatial database by any private company. STL will always be found at the forefront of GIS technology and innovation

For pricing details please contact:
Anthony Lawrence (Business Development Manager)
Enquiry: Email Contact
Lagos Office: +23418533497
UK Offce: +442380700304

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