Contact Information: Press Contact: Kathleen Moran Information Builders (917) 339-6313
Information Builders Pays Steady Dividends at U.S. Bank
WebFOCUS Supports Dozens of Applications, Hundreds of Developers, and Hundreds of Thousands of Users
| Source: Information Builders
NEW YORK, NY--(Marketwire - February 21, 2008) - Information Builders, the independent leader
in production business intelligence (BI) systems,
today announced that U.S. Bank has standardized on WebFOCUS for reporting,
business intelligence, and information delivery throughout the bank's
national operations. U.S. Bank's BI applications support hundreds of
thousands of users, running the gamut, from treasury management to credit
card expense reporting, merchant transactions, and procurement.
U.S. Bank first started using WebFOCUS in the mid 1990s. At the time,
Information Builders had the only Web-based reporting solution available. WebFOCUS usage has grown
steadily at the bank ever since. One of the major drivers in U.S. Bank's
selection of WebFOCUS as its enterprise standard was the software's ability
to access so many different data sources and run on a variety of computing
platforms. The bank has hundreds of thousands of users accessing data each
day and only WebFOCUS provided the scalability to provide such a pervasive
BI environment.
"It made a lot of sense to adopt WebFOCUS as our enterprise standard as it
leverages our core strengths: mainframe systems, security, scalability, and
support for very large databases," said Mark Snoeyenbos, manager of Client
Access & Reporting at U.S. Bank, as well as manager of the WebFOCUS Center
of Excellence. "We save money by having one tool handling virtually all of
our reporting and the ease of use makes it a suitable tool for a variety of
users."
For example, some of the bank's corporate customers use a WebFOCUS
application called AccessOnline to access information and manage employee
expenditures. The self-service program-management and reporting tool helps
clients streamline their administrative processes and boost control over
their spending. Internal bank personnel also rely on AccessOnline to
analyze spending patterns and trends for the bank's clients.
Additionally, through an integrated BI dashboard, they can view about 60 standard reports. WebFOCUS
is also the tool of choice for corporate performance
management at U.S. Bank. Bankers, line managers, support groups, and
call center managers all access these reports to manage employee goals,
reward achievements, and coach bankers.
"WebFOCUS handles internal reporting throughout the bank and is deeply
integrated into our core business processes," said Joyce Halford of U.S.
Bank's WebFOCUS Center of Excellence in Portland, Oregon. "We rely on the
software because it streamlines access to all types of information and
enables us to give our external clients exactly what they need."
Information Builders software is popular from coast to coast because it is
so effective for so many different types of users. Application developers
use it for complex data analysis projects while businesspeople use it to
obtain fast, point-and-click answers to their questions. At a recent user
convention, Information Builders honored one of U.S Bank's external
applications with the "Most Scalable Application" award for its ability to
support the needs of hundreds of thousands of users.
"U.S. Bank is one of Information Builders most successful 'poster children'
in terms of the strategic initiatives they have undertaken with WebFOCUS
and the resulting ROI they have achieved," said Gerald Cohen, CEO and
founder, Information Builders. "It's a requirement for companies in the
financial services industry to continually innovate and deliver best of
breed offerings to their clients. U.S. Bank has been a leader in this area
since the mid-90s, before many companies even brought their businesses
online."
About Information Builders
Information Builders award-winning combination of business intelligence and
enterprise integration software has been providing innovative solutions to
more than 12,000 customers for the past 30 years. WebFOCUS is the world's
most widely utilized business intelligence platform. It provides the
security, scalability, and flexibility needed at every level of global
extended enterprises. Its simplicity helps create executive, analytical,
and operational applications that reach dozens to millions of users.
Information Builders iWay Software suite provides state-of-the-art,
multi-purpose, pre-built integration components that address all SOA, application, data, and information management
requirements. Its integration adapters have been adopted by the leading
software platform providers. Together, these products give Information
Builders customers the ability to live up to the company motto: "Your
Business. No Barriers."
Information Builders award-winning technology has successfully provided
quality software and superior services to more than 12,000 customers,
including most of the Fortune 100 and U.S. federal government agencies.
Headquartered in New York City with 90 offices worldwide, the company
employs 1,450 people and has more than 350 business partners. For more
information visit www.informationbuilders.com.
About U.S. Bank
U.S. Bancorp, with $238 billion in assets, is the parent company of U.S.
Bank, the 6th largest commercial bank in the United States. The company
operates 2,518 banking offices and 4,867 ATMs, and provides a comprehensive
line of banking, brokerage, insurance, investment, mortgage, trust and
payment services products to consumers, businesses and institutions. Visit
U.S. Bancorp on the web at www.usbank.com.