BancWare Perspective to provide integrated solution for profitability and performance measurement
NEW YORK, August 2, 2001-SunGard Trading and Risk Systems, an operating group of SunGard (NYSE: SDS), today announced the launch of BancWare Perspective, its enhanced platform for profitability and performance measurement for financial institutions.
BancWare Perspective is a user-friendly performance measurement platform with state-of-the-art reporting and dissemination technology that facilitates multidimensional analysis.
Perspective delivers a controlled data mart with powerful multidimensional modeling, analysis and reporting capabilities. With BancWare Insight for data management and funds transfer pricing, financial institutions have a complete, end-to-end, integrated solution for performance management based on historical information.
Terence Faherty, president of SunGard’s BancWare operating unit, said, "Perspective builds on the strengths of BancWare’s existing solutions for profitability and risk assessment over the full time horizon - past, present and future. Perspective incorporates the latest technology for multidimensional analysis that is demanded by today’s most competitive global financial institutions as they manage performance both strategically and tactically".
BancWare Perspective uses an advanced OLAP engine for efficient and dynamic access to measures of risk-adjusted performance for financial products, legal entities, branches, business units, bank officers, customer segments and individual clients. Flexible reporting is delivered via custom worksheets, dynamic Excel spreadsheets, or a web browser. With its open RDMS architecturde, Perspective provides a tailor-made solution to meet the specific requirements of an institution and an industry-leading business rules engine to give confidence in the analysis and results.
Perspective is fully integrated with Insight, BancWare’s platform for data extraction, transformation and synthesis, including funds transfer pricing. As a result, duplication of effort is eliminated for processing and feeding data throughout the BancWare suite of solutions.