<p>IBM will help a public sector bank implement an analytics system intended to help manage financial management processes as well as forecast, budget and manage liquidity.</p><p>The Central Bank of India has used the company's technology for its budgeting exercise and aims to automate corporate performance management activity, IBM said Thursday.</p><p>According to IBM, the bank also consolidated 7.5 million deals and trade positions across the company into a single asset liability management system.</p><p>"With the rapid explosion of big data, collecting, sourcing and analyzing real-time data from multiple sources is a growing challenge for banks," said Jeby Cherian, IBM vice president and managing partner for global business services in India and South Asia.</p><p><a href="http://blog.executivebiz.com/2013/05/ibm-helps-public-sector-bank-implement-financial-analytics-platform-jeby-cherian-comments/">Keep reading...</a></p>