Information Builders' Analytics Platform Delivers Rapid Returns for Leading Swiss Financial Services Company With Self-Service Functionality
NEW YORK, NY--(Marketwired - Mar 2, 2016) - Information Builders, a leader in business intelligence (BI) and analytics, information integrity, and integration solutions, today announced that PostFinance Ltd has standardized on WebFOCUS to create analytic dashboards, scorecards, and customizable reports.
PostFinance Ltd is the leading Swiss retail financial institution and holds a significant place in the domestic deposit services market, ranking first in payment transactions in Switzerland. To continue to thrive in Switzerland's dynamic financial markets, PostFinance needs fresh insight into every dimension of its business. Information Builders offered a complete analytics system that fulfills PostFinance Ltd's reporting requirements and delivers much-needed efficiencies among employees.
"Information Builders impressed us with the wide functionality and flexibility of its analytics platform and its simple licensing model," said Marcel Schlatter, head of Finance Services at PostFinance Ltd. "The transparency of the negotiations and the broad functionality offered by Information Builders convinced the evaluation team that Information Builders would be a good partner."
PostFinance plans to connect 2,500 users once the system is fully deployed, with mobile BI capabilities and role-oriented user interfaces to achieve enterprise coverage without additional licensing costs. The selection team favored Information Builders over its competitors due to its economical licensing model, which ensures transparent and predictable costs. Of all the proposals submitted, Information Builders promised the lowest total cost of ownership.
The new analytics system has been easy to integrate into PostFinance's existing infrastructure. WebFOCUS applications and dashboards can be tailored to the needs of individual users. Modern mash-up technology streamlines the process of connecting WebFOCUS to other business systems (such as an e-banking application) without programming. Users can visualize and drill down into the data according to their proscribed levels of access. Staff members with no technical background can generate their own reports and dashboards -- and perform their own queries and analyses -- without help from IT staff.
Thanks to these enterprise-wide capabilities, project leaders expect to see a return on their investment in WebFOCUS over a period of 24 months. WebFOCUS improves internal efficiencies, enhances customer service, and delivers analytic self-sufficiency to the user community.
PostFinance Ltd was founded in 1906 and is the financial services unit of Swiss Post. It is the fifth largest retail financial institution in Switzerland. Its main area of activity is in national and international payments. A smaller but growing part of the business includes savings and investments, retirement planning, and financing.
About Information Builders
Information Builders helps organizations transform data into business value. Our software solutions for business intelligence and analytics, integration, and data integrity empower people to make smarter decisions, strengthen customer relationships, and drive growth. Our dedication to customer success is unmatched in the industry. That's why tens of thousands of leading organizations rely on Information Builders to be their trusted partner. Founded in 1975, Information Builders is headquartered in New York, NY, with offices around the world, and remains one of the largest independent, privately held companies in the industry. Visit us at informationbuilders.com, follow us on Twitter at @infobldrs, like us on Facebook, and visit our LinkedIn page.