Informix And Cytek Introduce New Banking Intelligence Solution Geared Towards Retail And Commercial Banking Industries
Informix Corporation has unveiled the first in a series of business intelligence solutions targeted specifically at the retail and commercial banking industries.
This solution leverages the power of Informix's Decision Frontier and Cytek's Bankers Edge, facilitating bankers' analyses of their customers, products and channels to identify revenue growth and cost-saving opportunities.
Informix Decision Frontier is a complete, end-to-end technology solution for business-critical decision-making. Decision Frontier provides a specialized high technology solution for delivering customized data warehouses and data marts. Cytek's Bankers Edge is based on a unique banking data model featuring a set of predefined reports as well as more than a hundred templates and filters to allow ad-hoc reporting. Utilizing leading OLAP technology, Bankers Edge allows users to drill-down or across any reported metric to investigate the details of their findings.
"In today's rapidly changing business environment, it is essential that bankers enhance their knowledge of customers' product and channel preferences to reduce defection rates and improve cross-selling effectiveness," said Henri Tello, Chief Executive Officer, Cytek, Inc. "The flexibility and scalability of the Informix-Cytek solution make it the best solution on the market today to provide bankers with the knowledge they constantly demand to maintain their advantage in today's competitive banking market."
The Informix-Cytek solution provides several crucial areas of functionality central to meeting the needs specific to the banking industry. Key features include:
"This solution is truly revolutionary in the retail and commercial banking industry," said Brad Spivack, Director, Financial Services Industry Marketing, Informix. "Built upon our award-winning Decision Frontier platform, it is the only application in the market that allows bankers to analyze their customers, products and channel performance while maintaining a dialog with the information. This provides users with immediate business value - reduced time-to-market, improved ROI, and minimized overall risk of implementation."
This business intelligence solution for retail and commercial banking is one of the first in a series of complete end-to-end solutions for business-critical analysis and is available now.
Informix Decision Frontier is a complete, end-to-end technology solution for business-critical data warehousing. Decision Frontier provides a specialized high technology solution for delivering customized data warehouses and data marts. From start to finish, Decision Frontier provides all the tools required to build a flexible foundation that will expand and evolve as business requirements dictate. Decision Frontier makes the selection and construction of high-performance data warehouses and data marts of any size - from megabytes to terabytes - as simple in practice as it is attractive in theory. It is the "no-limits" technology solution for delivering smart data marts and data warehouses in less time.
Founded in 1997 and headquartered in North Carolina, Cytek, Inc. offers unique decision support solutions and services to the banking industry. Cytek's team of banking decision support experts assists financial institutions with the implementation of Banker's Edge and other unique custom solutions. Cytek partners with the best in the industry to provide the best banking intelligence solutions at very low risk.
Informix Corporation, based in Menlo Park, provides innovative database products that assist the world's major corporations to attain competitive advantage. Informix is widely recognized as the technology leader for corporate computing environments ranging from small workgroups to very large parallel processing applications. Informix's database server, application development tools, superior customer service, and strong partnerships enable the company to be at the forefront of major information technology solution areas including data warehousing, high performance OLTP, and Web/e-commerce.