Select Releases UltraQuest for Banking

Select Business Solutions, a leading provider of business intelligence tools, announces the latest release of its Web-based, business intelligence software, UltraQuest for Banking.

Trumbull, CT August 26, 2010 -- Many of North America’s leading banks and credit unions use the Business Intelligence capabilities of UltraQuest to report from a variety of Fidelity National Information Services Systematics’ core banking applications. This newest UltraQuest release enables banking professionals to improve their reporting capabilities while analyzing client data existing in very complex data structures.

Many of these banking professionals are now able to join data from a number of applications to provide timely answers to important operations issues that were not possible with other reporting products previously. In addition, users have experienced an increase in productivity made possible by UltraQuest since it reduces the time it takes for daily reporting and support activities. Tasks that used to take hours can now be done with UltraQuest in just minutes.

A number of banks are looking forward to generating real time dashboards for their executives as they upgrade to the latest version of UltraQuest. Providing a graphical snapshot of their business and branch operations will be a real winner for their top management.

According to Roger Cox, Sr. Product Marketing Manager, “The latest enhancements to UltraQuest in version 5.50 builds on the solid functionality our users have enjoyed for the last several years. Numerous financial institutions we currently serve will be able to take advantage of new functionality as well as an updated user-interface that is even more intuitive and simpler to use.”

A typical banking implementation uses UltraQuest to support hundreds of end users for reporting and Business Intelligence, and publishes hundreds of reports in their UltraQuest Library. Once a report is written with the UltraQuest Reporter client, it can be published and executed from anywhere via a standard web browser.

The simplicity of the interface allows even non-technical end users to build their own report requests which they can modify at will. UltraQuest handles all the tasks that normally required the assistance of IT staff. The reporting staff can produce reports in an ad hoc manner or schedule to run their reports in batch after production data has been updated. The ability to run reports online is of significant value to the staff, who are often asked to quickly respond to report requests for their customers.

A number of banks have already found that UltraQuest has further leveraged their existing data and, in fact, the use of UltraQuest has become “mission critical” to many of the banks’ daily operations and to senior management reporting.

Sellect Business Solutions is a leading international software company with customers drawn from the Global 1000. Select provides comprehensive solutions consisting of tools and services for business intelligence and information access, as well as business critical IT software development, deployment and management. Headquartered in Trumbull, Connecticut, Select operates sales offices throughout North America and Europe, in addition to a network of international distributors.

Trademark Information
Select Business Solutions and UltraQuest are trademarks of Select Business Solutions, Inc. in the United States and other countries.

Excel is a registered trademark of Microsoft Corporation in the United States and other countries.

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