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M&I Data Services and MicroStrategy Announce Partnership to Enhance Data Warehouse Solution
MILWAUKEE, May 6, 1999 -- M&I Data Services, a leading financial software and services provider, today announced it has signed a Value-Added Reseller Partnership Agreement with MicroStrategy® Incorporated (NASDAQ: MSTR), Vienna, Va., a leading worldwide provider of mission-critical decision support systems.
Under the terms of the agreement, M&I Data Services will integrate its Information Desktop data warehouse solution with the MicroStrategy DSS Suite™ , a comprehensive business intelligence product line. The joint solution will enable financial institutions to analyze their business data on-line by using the MicroStrategy On-line Analytical Processing technology (OLAP).
"M&I Data Services has extensive experience in building integrated data warehouse systems for the financial services industry," says Rick Roy, vice president and general manager of the Relationship Solutions Division at M&I Data Services. "The MicroStrategy DSS Suite will allow our Information Desktop customers to focus on the dissemination and value of strategic information to a much broader range of users."
More than 400 financial institutions currently use the Information Desktop data warehouse solution to capture critical customer information for strategic decision making.
By leveraging DSS Suite in Information Desktop, M&I Data Services can help financial institutions develop sophisticated executive information systems, wealth management and campaign management applications.
"Information Desktop has served as a powerful resource for hundreds of financial services companies wanting to gain a better understanding of their businesses," said Sanju K. Bansal, executive vice president and COO of MicroStrategy Incorporated. "By integrating DSS Suite, M&I Data Services is strengthening the analytical functionality of Information Desktop, allowing organizations to answer complex questions about their businesses. This kind of knowledge is invaluable in helping companies implement strategic initiatives that drive revenue and optimize effective business practices."
About M&I Data Services
M&I Data Services provides leading-edge technology solutions to the financial services industry. Headquartered in Milwaukee, Wis., it offers consulting, software and processing solutions for financial institutions worldwide. The company's rapid growth is being fueled by innovative product development, strategic product acquisitions and strong growth of its customer relationships. M&I Data Services is a division of Marshall & Ilsley Corporation (NASDAQ: MRIS), a $21.6 billion holding company. For more information, visit the M&I Data Services Web site at www.midata.com.
MicroStrategy, MicroStrategy Suite are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.