Quadrant Risk Management International offers a financial information enterprise data model with pre-packaged modules for a range of financial sectors, including retail banking, credit cards, mortgages, lending, mutual funds, investment banking and insurance, said MicroStrategy.
According to MicroStrategy, by incorporating its business intelligence software, Quadrant will be able to offer enhanced analytical capabilities such as detailed and ad hoc reporting, advanced and predictive analytics, and exception-based alert and notification capabilities.
Paul Lockyear, CEO of Quadrant, said: MicroStrategy will enhance our business intelligence capabilities and enable us to offer our customers robust reporting and analytical functionality for data-driven decision making. MicroStrategy’s data and user scalability is well-suited for our financial services customers who typically have terabytes of data and very large user populations.
Sanju Bansal, COO of MicroStrategy, said: We are pleased to forge this new relationship with Quadrant. In today’s volatile economic environment, effective risk management is imperative. Quadrant’s specialization in enterprise risk and data management solutions for the financial industry will extend MicroStrategy’s reach into this important vertical market.
