Deutsche Bank's Corporate and Investment Banking (CIB) arm has selected Actuate as its preferred Web-based reporting tool for use across its global operations.
The bank has committed to use Actuate's Information Delivery solutions as a standard tool for corporate and operational information reporting across risk management reports, P&L statements, equities, foreign exchange, credit derivatives, and prime brokerage.
Mark Lichfield, head of IT architecture for Deutsche CIB outlines the chief reasons for Actuate's selection. "Dynamic reports, delivered in familiar Deutsche look-and-feel, with up-to-the-second data analysis capabilities, and scalable for large numbers of internationally disparate users, were prerequisites."
Information security, a robust development environment and a proven track record in the financial services arena were important too, he says.
"The success of the existing Actuate deployment in our asset management arm was a key influencer in this decision," he adds.
The Actuate e.Reporting Suite supports multiple output formats including DHTML, PDF, XML and Excel compatible spreadsheets. In version 5, Actuate added support for Java (EJBs) and open security (LDAP).