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Actuate Helps Smith Barney Global Stock Plan Services Forge the Path Toward Pervasive Business Intelligence

Actuate Corporation (NASDAQ: ACTU), the leader in delivering Rich Internet Applications Without Limits™, today announced that Smith Barney and IDC will be featured in a web seminar focused on Pervasive Business Intelligence (BI). The web seminar examines how Smith Barney has attained Pervasive Business Intelligence – the phenomenon that results when organisational culture, business processes and technologies are designed and implemented with the goal of improving the strategic and operational decision-making capabilities of a wide range of internal and external stakeholders1.

Smith Barney is a division of Citigroup Inc., one of the largest global financial services institutions. Smith Barney is composed of several groups, including the Corporate Client Group with six lines of business, among them the Global Stock Plan Services (GSPS). GSPS assists corporate clients in providing services regarding employee stock ownership, restricted stock, and employee stock purchase plans.

The Actuate BI solution is a key component of GSPS’ ongoing communications with clients and is therefore available 24 hours a day, 7 days a week. Not only must access to information be provided to over 500 corporate clients, but also to millions of plan participants who access their plan data through their employers’ benefits intranets, which are in turn supplied with data by the GSPS BI solution.