Information Builders develops corporate performance management platform with Tagetik.
Information Builders, a specialist supplier of business intelligence (BI) systems, announced on Friday (9 January) the availability of a corporate performance management (CPM) solution for enhanced measurement, planning and reporting, developed with Tagetik, a provider of CPM and financial governance solutions.
Information Builders said it partnered with Tagetik because of its understanding of CPM, its built-in functionality and integration into the WebFOCUS Performance Management Framework (PMF). Customers are expected to benefit from the single architecture of the solution, making it easy to deploy, manage and use.
The combination of Tagetik's executive-level reporting and Information Builders' enterprise BI capabilities will provide financial services firms with a single solution to enhance their financial reporting, planning, forecasting and corporate governance.
Information Builders and Tagetik will conduct training and joint sales and marketing initiatives in North America, EMEA and Asia-Pac. While initially developed for the financial services industry, the companies are now investigating opportunities to establish other industry-specific solutions. No financial details were disclosed.
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