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Nationwide Financial Services Selects Information Builders WebFOCUS as Its Operational Reporting Standard
Operational Reporting Standard to Consolidate Infrastructure and Customize Reports for Leading Insurance and Financial Services Company
| Source: Information Builders
NEW YORK, NY--(Marketwire - March 27, 2008) - Information Builders, the independent leader
in production business intelligence (BI) systems,
announced today that Nationwide Financial Services, Inc., has selected
WebFOCUS to help the company standardize on a single operational reporting tool and improve its data reach. Nationwide, a
financial services company that helps consumers invest and protect their
long-term assets, had numerous disparate reporting tools and databases
which caused business users to lose valuable time searching for the right
information. The company needed to centralize its infrastructure, while
maintaining a federated reporting model, which would empower business users
with real-time information and customized reports.
"We wanted to present information, such as yesterday's sales results, in a
timely manner to our business users so they could analyze it and respond
accordingly. That was our motivation to consolidate our operational
reporting," said P. Bhasker, CTO of Nationwide Financial. "WebFOCUS will
not only help us manage costs through its strategic platform, but it also
represents a very good model from an ROI perspective."
With WebFOCUS, Nationwide will be able to provide timely information to its
business users from disparate data sources including Oracle, SQLServer, and
its data warehouse. WebFOCUS will provide Nationwide one operational
reporting tool to leverage across the organization and the ability to scale
to 1,000 business users, operations managers, and wholesalers. In the
future, WebFOCUS will also be customer-facing, making it easier for
Nationwide to be more responsive to its customers' needs.
"Nationwide recognizes the important investment they have made in WebFOCUS
by setting ROI metrics from the start," said Gerald Cohen, CEO and founder
of Information Builders. "A centralized infrastructure combined with
customized report features will ensure information is delivered in a
meaningful manner, increase speed to market, and provide a cost-efficient
operational reporting model."
About Nationwide Financial
Nationwide Financial Services, Inc. (NYSE : NFS ), a publicly traded company
based in Columbus, Ohio, provides a variety of financial services that help
consumers invest and protect their long-term assets, and offers retirement
plans and services through both public- and private-sector employers.
It is part of the Nationwide group of companies, which offers diversified
insurance and financial services. The group is led by Nationwide Mutual
Insurance Company, which is ranked No. 104 on the Fortune 500 based on 2006
revenue. Nationwide, Nationwide Financial, the Nationwide Framemark and On
Your Side are federally registered service marks of Nationwide Mutual
Insurance Company. www.nationwide.com.
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 http://www.informationbuilders.com.