MicroStrategy said it was chosen for its ability to handle large data volumes and its single consolidated interface. It added that its deployment at the bank enabled the institution to produce 200 high quality reports with highly complex calculations within two months.

MicroStrategy enables us to quickly and efficiently disseminate vital financial reports and analysis throughout the organization, said Cagdas Ozgenc, assistant vice president for strategic information management at Finansbank. In addition, MicroStrategy’s data-mart functionality helped us in writing the results of analyses back to a database so that they can be fed to other software within the corporation including data mining tools.