SWIFT has chosen MicroStrategy as its enterprise business intelligence and analytics standard.
The Society for Worldwide Interbank Financial Telecommunication provides the comms platform to connect around 9,700 banks and financial institutions across 200+ countries.
These will now be able to monitor underlying value and currency flows, track sales performance and better understand their market position by identifying targets for cost savings. "We are delighted that SWIFT has chosen us to provide financial institutions worldwide with fast and direct access to business analytics through the use of user-friendly dashboards, interactive reporting, and innovative mobile apps that extend network intelligence to iPad, iPhone, BlackBerry, and Android devices," says Sanju Bansal, MicroStrategy chief operating officer. "The agreement helps to improve the business intelligence system that monitors nearly every financial interbank message in the world. We look forward to supporting SWIFT with a secure BI infrastructure that will help SWIFT and the global financial community operate their business and messaging performance more efficiently and reliably."
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