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Oracle Integration

AI-Driven Forecasting for Meridian Bank

Client

Meridian Bank

Category

Analytics

Year

2024

The Challenge

Meridian Bank's forecasting team was relying on quarterly spreadsheet models with a 12% error rate—costing $4.3M annually in over-stock and under-stock decisions. Leadership needed a real-time, AI-powered solution that could integrate with their existing Oracle infrastructure.

Our Approach

Lumina's data science team conducted a 10-day diagnostic of Meridian's historical data (5 years, 14 data sources). We identified three key predictive signals that had been systematically ignored by the legacy model.

The Solution

We built and deployed a custom AI forecasting engine using gradient boosting and time-series neural networks. The model integrates with Oracle in real time, delivering 97%+ accuracy forecasts with confidence intervals and anomaly alerts.

"The partnership felt like having a second brain. Our forecasting error dropped from 12% to under 2% in just four quarters."

Liam O'Connor

VP of Strategy, Meridian Bank

Key Outcomes

97%

Forecast Accuracy

$4.3M

Annual Cost Savings

83%

Error Rate Reduction

14

Data Sources Unified

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