Information Builders, an independent leader in business intelligence (BI) and analytics, announced its global partnership with GoldenSource, a leading enterprise data management (EDM) solutions provider for capital markets, to improve visibility into the operational functions of an institution's securities, entities, and transactions data through the company's integrated EDM solution.
WebFOCUS, Information Builders' platform for BI and analytics, will deliver advanced visualisation and analytical insights to complement GoldenSource's EDM solution, providing comprehensive data quality, operations, and risk exposure dashboards. GoldenSource benefits from Information Builders' content expertise in BI and best practices in building dashboards and reports, while Information Builders will leverage GoldenSource's platform and deep expertise in enabling securities and investment management operations with consistent, quality data.
Information Builders' WebFOCUS platform supports GoldenSource's precise requirements for an enterprise-class BI tool as a key selling point in the partnership, in addition to the support that Information Builders provided to facilitate the integration.
"The enhanced capital asset management functionality that this partnership brings to Information Builders' WebFOCUS solution allows us to deliver improved data management, storage, and distribution benefits to our customer base, which includes 85 percent of the world's most important financial institutions," said Gerald Cohen, president and CEO of Information Builders. "In turn, the intelligent BI capabilities provided by WebFOCUS will enhance visibility and operational functionality for GoldenSource customers, resulting in a mutually beneficial partnership that delivers measurable value for both parties and their clientele."
"The insight that WebFOCUS delivers, coupled with the consultation and support we're receiving in dashboard and report building, has enabled us to further unlock the value of the GoldenSource EDM solution and deliver enhanced benefits for our customers," said Stephen Engdahl, senior vice president, Product Strategy, GoldenSource. "Thispartnership unites two technologies that naturally complement each other to deliver best-of-breed data management capabilities for our clients, an increasinglyimportant capability in today's increasingly regulated, capital constrained market."