Redwood City, California – (The Hosting News) – October 11, 2007 – Informatica enterprise data integration software and services firm’s PowerCenter, is part of a new HP enterprise risk management solution, designed to enable high-volume data integration and data quality assurance for managing global risk and compliance.
A business intelligence solution for financial services organizations, the PowerCenter provides the high-performance data integration underpinnings of the solution, powering a global view of enterprise risk and ensuring the quality of data used across all regulatory compliance initiatives.
Sharing a 10-year alliance with HP, Informatica was the first data integration vendor to pass certification on HP Neoview and also supplies key technology for HP Oneview, a customer-centric data warehouse solution for telecommunications companies. Informatica collaborated with HP, MicroStrategy and Quadrant in the development of the new solution, which is based on the HP Neoview enterprise data warehouse platform.
PowerCenter fulfills the key role of capturing, consolidating and delivering high volumes of data across almost any enterprise sources, while improving and monitoring its accuracy, consistency and reliability. This enables customers to leverage a single risk intelligence platform enterprise wide, with integrated and robust data quality controls and audit capabilities, to successfully address Basel II, Sarbanes-Oxley, Anti-Money Laundering and other on-going requirements.
Harry Gould, Senior Vice President, Global Alliances, Informatica remarked, ”Today it is challenging for global entities to effectively manage risk and compliance across a fragmented information environment. Informatica is contributing an integral piece of this financial services solution, and we’re pleased to be leveraging our tight integration with HP Neoview to help bring it to our mutual customers.”
The HP Enterprise Risk Management solution is pre-integrated with HP Neoview, Informatica PowerCenter, MicroStrategies’ analytical dashboard and Quadrant’s data model so that customers benefit from faster implementation, minimal integration issues, a single source of support, and accelerated return on investment.
Geoffrey Burkholder, Director, FSI Business Intelligence Solutions, HP added, ”Accurate, comprehensive and timely data is the lifeblood of risk management and compliance. Informatica PowerCenter works hand in hand with HP Neoview to provide a cost-effective enterprise framework for leveraging the full spectrum of data to enhance compliance and improve risk management.”
Informatica PowerCenter is designed to help accelerate enterprise data integration initiatives, enabling enterprises to reduce IT costs and complexity, modernize systems and ensure a single, consistent enterprise-wide view of information for more effective decision-making. PowerCenter is also designed to access, transform and integrate data from a wide variety of enterprise systems to support the broadest range of data integration projects including data warehousing, data migration, data consolidation, data synchronization and master data management. This allows IT management to be more responsive to business demands for information despite dramatically increasing data volumes, IT developers to benefit from reduced time-to-results, and business users to gain a holistic and consistent view of their enterprise information.
In addition, Informatica unveiled its Data Quality Assessment Solution for Salesforce CRM, as an addition to Informatica On Demand services at salesforce.com’s Dreamforce conference in San Francisco.
Recently, the firm presented at the Maxim Group Conference, where Tony Young, the firm’s CIO, offered a corporate overview. Maxim Group is an investment banking, securities and investment management firm, whose mission is to maximize wealth by providing unbiased advice and superior performance in each of our core disciplines. Maxim Group is managed by professional entrepreneurs with extensive financial services experience. Its approach is designed to leverage research excellence and top quality products and services to develop a financial imprint unique to each client. Maxim’s core disciplines include Asset Management, Capital Markets, Estate Planning, Investment Banking, and Wealth Management. In addition, its research capabilities provide the information necessary to provide informative recommendations. Maxim’s trading network incorporates a large range of clients including insurance companies, banks, hedge funds, broker dealers and floor specialists. Its institutional coverage spans the United States, Austria, Belgium, Brazil, France, Germany, Holland, Hong Kong, India, Italy, Japan, Luxembourg, Portugal, Spain, Switzerland and the United Kingdom.
Maxim Group Affiliations include: registered broker-dealer with the U.S. Securities and Exchange Commission and member of the following:
National Association of Securities Dealers and is a member of the following:
- Municipal Securities Rule Making Board
- Securities Insurance Protection Corporation
- International Securities Exchange (ISE)
- Archipelago/Pacific Exchange (PCX)
Informatica Data Quality Assessment uses pre-defined rules to analyze account, contact, lead, and opportunity information in Salesforce in order to identify missing, invalid, and duplicate data. The service identifies inaccurate data so that companies may take further action in correcting false or missing information. This software-as-a-service (SaaS) application is delivered by Informatica, and requires no installation of hardware or software by the customer.
Informatica Corporation is a provider of enterprise data integration software and services. Informatica’s goal is to provide organizations with greater business value by integrating all their information assets from across the enterprise. More than 2,790 companies worldwide rely on Informatica to reduce the cost and expedite the time to address data integration needs of any complexity and scale. The company provides services in the following areas: Equity Research, Institutional Sales and Trading, Merger and Acquisition Advisory, Public Company Financing, Private Company Financing, and Corporate Services.
To learn more about Informatica Corporation, please visit: www.informatica.com.