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GIS & New
Branch Location |
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Visualizing Financial
Competition in Nigeria using GIS |
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Map-based online
interactive bank Locator |
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Our Award

RIMA Foundation Award for the most innovative and successful
project using Geographic Information Systems (GIS) in
Nigeria
>>details
Our Map Products

DEM

Demographic
Data

Landuse
(Clutter)

Boundary
Data
Industries we
serve

Telecom

Bank

Consultancy

Vehicle
Tracking

Lagos online hotel search
GIS and
Electricity

Without an intelligent National
Address Database in Nigeria, it would be very difficult for
the power distribution companies to operate effectively and
efficiently
>>details
-Ireti Ajala (CEO -Spatial Technologies Ltd) |
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While analyzing factors affecting the location of a
new branch, it is always necessary to assess the
likely performance of new branches/ATMs based on the
presence of key decision variables, such as
concentration of commercial areas, traffic patterns,
workplace or homes of customers whose demographics
and purchase behavior match a bank's target customer
profile.
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In today's highly
competitive business environment, marketing is a
customer-orientated operation that is essential
for business success of any bank.
In general, marketing is a question of demand
(customers) and supply (Financial products,
Financial services, Customer services through
branches and ATMs). Both demand and supply are
easy to pinpoint to a geographical location.
Therefore, these factors are interesting to
analyze with the help of a GIS.

STL has the location of several banks and their
branches in Lagos, Abuja, Ibadan, Onitsha Aba and Porthacourt,
Kano, Kaduna, Owerri, Warri, etc.
We can undertake a map-based comparative
analysis
showing the branch coverage of one bank compared
to the other.
This
makes STL the most comprehensive map solution
provider for the financial sector in Nigeria
The geographic implications of the products, services and
customers of a financial institution are enormous. GIS
is the Answer.
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Granted a number of transactions that could
only be done inside the banking halls some
years ago in Nigeria are now done from ATMs
or online banking.
Nigerian banks however still conscious of
the fact that realized that
their customers have legitimate
reasons to visit their nearest branches to
transact one business or the other hence the
decision to provide information about their
branch network on their websites. The question is, how useful
are the online branch finders dotting the
websites of most Nigerian banks?
STL had developed
LagosLocation.com
-an online interactive map-based bank
branch locators for Lagos. This portal
contains over 1,200 branches of different
banks located in Lagos. branches are
searchable using
suburb e.g. Shomolu and be displayed on an interactive street map of Lagos.

Searching for banks and their branches in
Shomolu -Lagos
Case study
Click here
to see how STL is assisting
UBA PLC -Nigeria's largest financial
institution to leverage on
the compelling power of geography in making
informed decisions for its N9.2Billion
branch expansion project
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STL's geographic data is a
valuable asset to the Nigerian financial industry,
adding a real-world context to customer statistics and
demographic data. This helps our clients in the banking
sector of the economy to obtain a definitive picture of
who their customers are, where they live, what they want
and when they want it. Fully understanding the context
of their customer base facilitates more intelligent
marketing activity, resulting in a greater return on
investment.
The key to making profitable business decisions is the
capacity to successfully predict customer behavior,
identify potential markets and pinpoint where market
share is likely to grow. By understanding your
customers' locations and needs, you can boost your
analysis, planning, logistics and operations, vital for
increasing revenue and profits.
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STL’s Professional services

Each of the analyses above can be provided as either a
consultancy service or can be performed in-house using
MapInfo Professional software –a professional mapping and
business making tool based on the visual power of GIS and
map.
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GIS Consultancy Services

For
those companies that would prefer to out-source
either a single GIS project or a long-term strategic
venture, STL can help. STL can either carry out
project-based consultancy assignments or second
staff to a clients' premises to work on-sites.
Projects are typically bespoke and tailored to each
client's commercial requirements.
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In-House Empowerment &
GIS Training Services

STL empowers its customers to perform their own
market analyses and modelling if they have the in-house
resource and skill to do so. A professional off-the-shelve
GIS and mapping software
is provided on license as a desktop application. Unlimited
training and a team of dedicated technical helpline is also
provided. |