Bank Account Transactions

The data model includes views such as Bank Account Transactions, Total Transactions By Account, Transactions by Type, Daily Transaction Volume, Transaction Amount Distribution, Top Withdrawal Locations, Transaction Frequency Analysis, and Monthly Account Balances. It incorporates measures related to Currency Exchange Rate, Transaction Amount, and Transaction Amount HC to allow comprehensive analysis of transaction details, account activities, currency conversions, and customer behavior for effective financial decision-making and monitoring.

Benefits of This Data Model

• Enhanced Financial Analysis: The data model allows for in-depth analysis of transaction details, account activities, currency conversions, and customer behavior to make informed financial decisions.
• Improved Operational Insights: By accessing views like Total Transactions By Account and Daily Transaction Volume, organizations can gain insights into transaction patterns and anomalies for better operational planning.
• Strategic Decision-Making: Top Withdrawal Locations view provides valuable information on where withdrawals are predominantly made, helping in making strategic decisions regarding resource allocation or marketing strategies.
• Customer Behavior Understanding: Transaction Frequency Analysis view helps in understanding customer behavior and engagement levels based on transaction frequency, enabling targeted marketing initiatives or customer retention strategies.
• Financial Tracking and Monitoring: Monthly Account Balances view summarizes the monthly ending balances of bank accounts, aiding in financial tracking and monitoring for performance evaluation and forecasting.

Key Performance Indicators (KPIs)

• Currency Exchange Rate: The exchange rate used to convert transaction amounts from their original currency to a common currency for consistent reporting and analysis.
• Transaction Amount: The original amount of the transaction in the local currency before any conversion or adjustments.
• Transaction Amount HC: The transaction amount converted into a common reporting currency using the appropriate exchange rate.

Available Visualizations

View Name	Description
Bank Account Transactions	Provides a summary of all transactions in bank accounts within the organization.
Total Transactions By Account	Shows the total number of transactions for each bank account.
Transactions by Type	Breaks down transactions by type (deposit, withdrawal, transfer) for analysis.
Daily Transaction Volume	Displays the daily volume of transactions to identify patterns or anomalies.
Transaction Amount Distribution	Analyzes the distribution of transaction amounts for insights on spending habits.
Top Withdrawal Locations	Identifies the top locations where withdrawals are made for strategic decision-making.
Transaction Frequency Analysis	Examines the frequency of transactions to understand customer behavior and engagement.
Monthly Account Balances	Summarizes the monthly ending balances of bank accounts for financial tracking.