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US financial services firm chooses Ascential to boost growth, profitability

Ryan Beck & Co, a New Jersey-based financial services firm, is using Ascential DataStage, a key component of the Ascential Enterprise Integration Suite, to obtain a single, comprehensive view of its organisational data. This has enabled the company to provide multiple, up-to-date reports to more than 500 financial consultants.

Ryan Beck has offices in 35 US states and offers a significant array of services to individual, corporate and institutional investors - including managed portfolios of mutual funds, mortgages, long-term healthcare insurance, as well as mergers and acquisitions.

"As Ryan Beck works to achieve the objectives established by our executive team - to diversify and expand our revenue base, grow in profitability and scope as a financial services company, establish new businesses and expand successful business units - it is critical that we are able to provide our financial consultants with the up-to-date, accurate information they need to be successful," says Michael Soukovich, VP of data warehouse architecture and services for Ryan Beck. "DataStage is an integral component of the IT foundation required to reach our corporate goals."

Ryan Beck is using DataStage to build and maintain an enterprise data warehouse. DataStage supports the collection, integration and transformation of data from virtually any source or business process, regardless of data volumes or latency. These can include text files; complex data structures in XML; ERP systems such as SAP and PeopleSoft; a wide variety of commercial databases; Web services; and business intelligence tools. DataStage can manage data arriving in real-time as well as bulk data received on a periodic or scheduled basis.

"An effective enterprise data warehouse is vital to growth and to the efficient and effective operation of daily business," says Julian Field, MD of local Ascential distributor CenterField Software. "Ryan Beck`s aggressive goals and commitment to client service demand the kind of enterprise data integration that Ascential can deliver."

With the Ascential Enterprise Integration Suite, companies can streamline operations, improve customer support, expedite business transactions, and make tactical and strategic decisions on the basis of the best available information. Ascential`s data integration platform is designed to reduce risks and costs, and support key business initiatives by integrating virtually all corporate data types and automatically analysing, cleansing, enhancing and delivering that data in an understandable format, at the right time, to the systems and people who need it. The Ascential Enterprise Integration Suite integrates data from complex business transactions with customers and partners, operational data moving within the enterprise, and analytical data supporting critical business decisions.

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CenterField

CenterField Software enables customers to take advantage of all their corporate data in innovative ways. Its integrated, best-of-breed products for data profiling, quality and transformation are built on a core platform of services that deliver unlimited enterprise data integration.

CenterField distributes and maintains software solutions from internationally recognised companies such as Ascential Software. CenterField is based in Johannesburg and services more than 50 southern African customers in such industries as financial services, telecommunications, healthcare, manufacturing, consumer goods and retail. More information on CenterField can be found on the Web at http://www.centerfieldsoftware.co.za/.

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