Actuate Selected as Top 100 Global Provider of Financial Technology.Inclusion in the 2006 FinTech 100 Ranking Underscores Actuate's Excellence in Enterprise Reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place. for Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Actuate Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :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 world leader in Enterprise Reporting and Performance Management Applications that empower 100% of users to achieve breakthrough corporate performance, today announced that American Banker American Banker is a daily newspaper covering the financial services industry. Founded in 1835 and based in New York, American Banker's 70 reporters and editors in six cities monitor developments and breaking news affecting banks. , SourceMedia's flagship publication for banking and financial services professionals, and Financial Insights, an independent research services firm and IDC Company, have once again named Actuate in the annual FinTech rankings of the top 100 global technology and service providers to the financial services industry. Since its introduction two years ago, the FinTech 100 rankings have played an increasingly important role in helping companies select software providers who are leaders in deploying technology within the financial services industry. The rankings are based on quantifiable, verifiable data, public information and personal interviews conducted by Financial Insights to ensure the accuracy of the information. Global revenue was a key factor in the ranking, attesting to Actuate's stability and importance to the industry. "Information is the crux of the financial services industry and the distribution, security and control of that information to customers, partners, employees and regulators is key to building trust and value," said Nobby nob·by adj. nob·bi·er, nob·bi·est Fashionable; stylish. [From nob2.] Akiha, senior vice president of marketing for Actuate Corporation. "Our position, once again, in the FinTech 100 ranking is a reflection of our continual dedication to and traction within the financial services sector." Over the course of 2006, Actuate has achieved several milestones that are of particular interest to the financial services community. Highlights of these include: * 4 out of the top 5 U.S. banks rely on Actuate for their departmental, divisional or enterprise wide reporting. * One of the world's largest banks deploys Actuate reports to upwards of half-a-million users. * Actuate counted 19 of the 21 Financial Services firms in the Fortune 100 as customers. * 22 of the top 25 financial services providers in Europe rely on Actuate for mission critical reporting. * With the shipment of Actuate 9 in September of 2006, Actuate introduced its Collaborative Reporting Architecture, which helps financial services firms move Business Intelligence from closed, proprietary development models to an open, iterative development A discipline for developing systems based on producing deliverables often. Each iteration, consisting of requirements, analysis & design, implementation and testing, results in the release of an executable subset of the final product, which grows incrementally from iteration to process that reduces the burden on IT and gives end-users such as advisors and customers the freedom to modify and customize their own reports. * Actuate continues to steward the Eclipse BIRT (Business Intelligence and Reporting Tools) open source project, which is gaining considerable momentum with over 190,000 downloads in the third quarter of 2006. BIRT has been widely adopted in the financial services sector. * The company launched Actuate 9 e.Spreadsheet, which is the first solution to cost-effectively secure and distribute analysis-ready, customized spreadsheets to millions of users. Spreadsheets are a fundamental facilitator for business within the financial services industry and e.Spreadsheet helps companies mitigate the risks associated with mistakes and errors resulting from each user manually inputting data into Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. . * During 2006, Actuate was selected as an IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Banking Cluster ISV (Independent Software Vendor) A person or company that develops software. It implies an organization that specializes in software only and is not part of a computer systems or hardware manufacturer. Partner. The expanded relationship delivers next generation online reporting and analysis for consistent multi-channel customer experience and unified customer insight to both IBM and Actuate's banking customers. For more information about the rankings, visit http://www.financial-insights.com/FI/services/fintech100.jsp. About Actuate Corporation Actuate Corporation is the world leader in Enterprise Reporting and Performance Management Applications that empower 100% of users to achieve breakthrough corporate performance. Actuate provides the most scalable, reliable, flexible and high-performing reporting capabilities for every application in the enterprise. Customers use Actuate to deliver information in context to users inside and outside the firewall as Performance Management and Customer Self-Service applications A software application that allows a user to obtain information or complete a business transaction on the computer that has traditionally required the help of a human representative. Voice response systems and Web sites are widely used for self-service applications. See kiosk. , managed spreadsheet applications and Java reporting applications. Actuate has over 3,500 customers globally in a range of industries including banking, insurance, manufacturing, communications, and government. Founded in 1993, Actuate has headquarters in 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., with offices worldwide. Actuate is listed on the NASDAQ exchange under the symbol ACTU. For more information on Actuate, visit the company's Web site at www.actuate.com. Copyright[c] 2006 Actuate Corporation. All rights reserved. Actuate and the Actuate logo are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. All other brands, names or trademarks mentioned may be trademarks of their respective owners. |
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