> Historically, (...) HSBC did have an application core program environment, which had most of an application's core functionality. But it couldn't have a single programme environment running for all the countries, due to the differences in data models and databases.
> Another benefit is to use the same database for global data analytics and reporting. We don't need to translate into another data model or another database to run the analytics and reporting from that particular data.
So this "application core program" failed to provide an unified solution to their data warehousing needs, and now they believe they can solve this problem by unifying 65 databases into one MongoDB instance, "taking advantage" of its schema-less model.
It looks more like a global storage service than anything else to me.