SOURCE: Information Builders

February 21, 2008 08:58 ET

Information Builders Pays Steady Dividends at U.S. Bank

WebFOCUS Supports Dozens of Applications, Hundreds of Developers, and Hundreds of Thousands of Users

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.

Contact Information

  • Press Contact:
    Kathleen Moran
    Information Builders
    (917) 339-6313
    Email Contact