BancIntelligence, provider of the banking industry's only online advisory solution, announced today that it added 51 new banks to its client roster during the most recent quarter ending June 30, 2005.
Among its growth accomplishments for the quarter, the company reported that its online advisory solution is now being used by financial institutions in 46 states.
BancIntelligence delivers distinct value to a bank by providing online access to powerful financial and market analysis that helps level the playing field for financial institutions of all sizes. In the quarter ending June 30, 2005 BancIntelligence added new clients ranging in asset size from $18.7 million to $11.3 billion.
Utilizing the BancAnalyst Financial and BancAnalyst Market online tools, these institutions will have continuous access to the banking industry's best financial and market analysis to help them identify where they should allocate resources to take advantage of their greatest opportunities to drive franchise value.
"We literally built BancIntelligence around what top bank executives wake up caring about - maximizing franchise value," said Steve Cotton, CEO and president of BancIntelligence. "Earnings growth drives franchise value and our BancAnalyst tools deliver instantaneous conclusions on earnings growth initiatives. This capability understandably resonates with bank executives."