Actuate Adopted as Standard Information Delivery Technology by Deutsche Bank's Corporate and Investment Banking Arm.Business Editors SOUTH SAN FRANCISCO South San Francisco, city (1990 pop. 54,312), San Mateo co., W Calif.; inc. 1908. South San Francisco has several industrial parks; its manufactures include medical supplies and equipment, foods, paint, paper products, consumer goods, and clothing. , Calif.--(BUSINESS WIRE)--Aug. 23, 2001 Banking Giant to Implement Actuate e.Reporting Throughout Global Operations Actuate Corporation (Nasdaq:ACTU ACTU Australian Council of Trade Unions ACTU AIDS Clinical Trials Unit (Washington University Medical Center, St. Louis, Missouri) ACTU Association of Catholic Trade Unionists ACTU Australian Capital Territory Union ), the Information Delivery market leader, today announced that Deutsche Bank's Corporate and Investment Banking arm has selected Actuate as its preferred Web based reporting tool. One of the world's largest financial institutions, with a full range of personal, private and corporate services available in 70 countries, Deutsche is committed to implementing best of breed e-Business infrastructure across its entire operation. The bank will use Actuate's Information Delivery solutions as the standard reporting format for vital corporate and operational information covering every aspect of the bank's activities: risk management reports, P&L statements, equities, foreign exchange, credit derivatives, prime brokerage. As such, consumers of information will be both inside and outside the bank, using the unique attributes of Information Delivery across the Web that only Actuate can provide. Mark Lichfield, head of IT Architecture for Deutsche C.I.B. outlined the chief reasons for Actuate's selection: "Dynamic reports, delivered in familiar Deutsche look-and-feel, with up-to-the-second data analysis capabilities, and scalable for large numbers of internationally disparate users, were prerequisites. Information security, a robust development environment and a proven track record in the financial services arena were important too, and Actuate met all these requirements. The success of the existing Actuate deployment in our asset management arm was a key influencer in this decision." As the recent judgment of industry research firm IDC put it: "Actuate has grown significantly faster than others in providing robust Web-based Information Delivery software with one of the best cost of ownership models available in the industry." Actuate CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Pete Cittadini, said of the agreement with Deutsche Bank: "In the future, Web-based delivery of live, corporate information will be a key part of e.Business in the banking sector. By adopting Actuate's solution now, Deutsche Bank will ensure that reporting across and outside the enterprise is clearer, more easily accessed and more productive than ever before." The Actuate e.Reporting Suite is a 100% pure Web solution that requires zero training for end users, supports multiple output formats including DHTML See Dynamic HTML. DHTML - Dynamic HTML , PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. , XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. and Excel compatible spreadsheets. In version 5 of the Actuate e.Reporting Suite, Actuate added support for Java (EJBs) and open security (LDAP (Lightweight Directory Access Protocol) A protocol used to access a directory listing. LDAP support is implemented in Web browsers and e-mail programs, which can query an LDAP-compliant directory. ). These capabilities have proven to be a very valuable asset to Web application developers of the world's biggest companies and leading OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and vendors who continue to increase use of Actuate to deliver vital information to their customers, partners and employees. About Deutsche Bank Deutsche Bank is one of the world's leading international financial service providers. With more than 98,000 employees, the bank serves more than 12 million customers in more than 70 countries worldwide. As a multi-specialist bank, Deutsche Bank offers a broad range of modern banking services to personal and private clients with an all-round service ranging from account-keeping as well as cash and securities investment advisory to asset management. Deutsche Bank offers corporate and institutional clients the full range of an international corporate and investment bank -- from payments processing and corporate finance to support with IPOs and M&A advisory. In addition to that, the bank has a leading position in international foreign exchange, fixed-income and equities trading. Deutsche Bank is dedicated to being the best financial services provider in the world. About Actuate Corporation Actuate Corporation is the leading provider of Information Delivery solutions for Global 2000 companies and packaged application software vendors. Actuate builds solutions for customer applications including client reporting, key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. , CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. , e-Procurement and Net marketplaces. Actuate's Information Delivery solutions make it easy to extract operational data from disparate systems and publish secure, interactive and perfectly formatted content that is seamlessly integrated with the rest of a company's Web site. Actuate content can also be printed, exchange data with other applications and accessed using Excel spreadsheets. By instantly delivering personalized content to 100,000s of end users -- without downloads -- companies using Actuate can increase revenue, reduce costs and improve customer service. Actuate has over 1,300 direct customers and over 170 OEM partners including American Express, AT&T, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , BMC Software, Chase Manhattan Corporation The Chase Manhattan Corporation was a bank holding company formed as parent of the Chase Manhattan Bank. During its time as the parent company, it was led in succession by David Rockefeller, Willard C. Butcher, and Thomas G. Labrecque. , Clarify, Lucent Technologies, PNC PNC Purdue University North Central (Westville, Indiana) PnC Point 'n Click PNC Police National Computer PNC People's National Congress (Guyana) PNC People's National Congress Bank, WorldCom, PeopleSoft and Siebel. Founded in 1993, Actuate has headquarters in South San Francisco and has offices worldwide. For more information on Actuate, visit the company's Web site at www.actuate.com. Note to Editors: Actuate is a registered trademark of Actuate Corporation. e.Reporting is a trademark of Actuate Corporation. |
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