Case Study: Banque CIC achieves transparent cost allocation and faster financial planning with Jedox

Banque CIC delivers better reporting across its 36 offices around the world

Banque CIC, a Swiss subsidiary of Crédit Mutuel with a 105‑year history and CHF 6.1 billion in assets, faced mounting pressure from exchange‑rate swings, volatile markets and new reporting standards. Financial Controlling needed agile liquidity management and a restructured cost‑accounting model that made costs transparent down to individual receipts, but their legacy BI tools could not deliver the self‑service, allocation and reconciliation capabilities required.

Banque CIC implemented Jedox’s unified planning and analytics platform—an Excel‑friendly solution with write‑back, modelling and dashboarding—integrated with Abacus, Avaloq and their SQL DWH. Deployed in weeks by power users with Jedox Academy support, the system delivers cost‑center allocation modelling, KPI reporting and mobile dashboards, producing reconciled, transparent cost data, faster error detection, improved compliance and empowered finance teams able to extend planning into P&L and operational cost management.

Banque CIC

Didier Thomas

Head of MIS systems