Source: Business Objects
Business Objects (Nasdaq: BOBJ; Euronext Paris ISIN code: FR0004026250 - BOB), the world's leading provider of business intelligence (BI) solutions, and Thomson Financial (NYSE: TOC; TSX: TOC), the leading source of financial data to businesses, today announced that they have forged a partnership to provide customers with external market information delivered pre-packaged, and ready for analysis.
The companies' relationship will deliver the value of Thomson Financial data through Business Objects' Information OnDemand solution. The landmark offering, first previewed in May 2007, will give business users easy access to all the relevant information they need to make powerful decisions.
Thomson Financial specializes in offering global financial information such as detailed company financials - company fundamentals, IBES estimates, and pricing - to companies of all sizes. The resulting solution from Business Objects and the financial information giant signifies the first time Thomson data will be made available in a pre-built, easy-to-understand format, instantly ready to be analyzed, understood, and acted upon.
"As the world's foremost source of specialized financial information, our customers trust us to deliver the critical insight they need to run their business," said Matthew Burkley, president, Enterprise Solutions, at Thomson Financial. "The relationship we are building with Business Objects will give us the unique ability to deliver our best-in-class financial data in a powerful, secure, easy-to-use model. Now, companies will be able to easily and flexibly link their decisions to outside market factors, giving them a real advantage."
"We are thrilled to be formalizing this relationship with Thomson Financial," said Steve Lucas, vice president of on demand business at Business Objects. "We know that our customers require more than just their own company data to gain a complete perspective on their business for insightful decision making; they need accurate, up-to-date financial data on their industry, economic factors, and the market in which they do business. Our partnership with Thomson Financial will allow us to deliver a complete view of market conditions and related company performance available on the market today. This will help us to realize our vision of providing critical macro-economic information to business users, in an on demmand model."