Press release from Business Wire India
Source: Ramco Systems Limited
Thursday, March 01, 2012 05:31 PM IST (12:01 PM GMT)
Editors: General: Consumer interest; Business: Banking & financial services, Business services, Information technology; Technology
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BI & Analytics - A Game Changer for Banks: Ramco Systems releases a Newsletter Featuring Gartner Research
A comprehensive knowledge source featuring banking analytics, ADF solution & customer case studies
Chennai, Tamilnadu, India, Thursday, March 01, 2012 -- (Business Wire India) -- Ramco Systems (BSE - 532370, NSE - RAMCOSYS, MSE - RSST); an enterprise software company focused on consulting, products and managed services, released a newsletter titled "Banking on Business Intelligence (BI)" featuring Gartner Research. The newsletter focuses on how a competent Banking Analytics suite can equip banks with the insights required to take the most profitable decisions. It further explores how banks can save time and efforts involved in a traditional BI implementation by opting for a pre-built analytics suite.
The newsletter features an insightful research report titled The BI(G) Discrepancy: Theory and Practice of Business Intelligence by Andreas Bitterer, Research VP, Gartner on the realities of implementing a BI Analytics suite. Andreas Bitterer observes "A proper BI strategy must be able to answer the questions around the organization model, the business case, the approach and the technology".
Commenting on the newsletter, Mr. Kamesh Ramamoorthy, Chief Operating Officer, Ramco Systems, said, "This insightful newsletter explores the four major reasons why banks need a dedicated Analytics solution and how a full-fledged banking analytics suite can give them a winning edge in this age of globalization and intense competition. Our strong domain expertise and cumulative 200 plus man years of experience in the banking industry are evidenced through a real-life case study of how Ramco Banking Analytics has been a game changer for one of the leading banks in India. The newsletter also highlights how Automated Data Flow (ADF) mandated by the RBI is likely to compel banks to adopt BI solution in India".
To view the newsletter, click here.
About Ramco Systems:
Ramco Systems, a part of the USD 952 million Ramco Group, is a leading software company focused on consulting, product and managed services business. Headquartered in Chennai, Ramco Systems was started as an R&D division of Ramco Industries Limited in 1992, and later established as an independent company in 1999. The company focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments. Globally, Ramco has over 140,000 users from 950+ customer organizations since inception. The company currently has offices spread across India, USA, Canada, Europe, Middle East, South Africa and APAC and employs over 1,800 employees.
Ramco's key differentiator is its innovative approach to develop products through its revolutionary enterprise application assembly and delivery platform - Ramco VirtualWorks®. Ramco Systems has seven major product suites - Ramco Enterprise Suite, Ramco Enterprise Asset Management Suite, Ramco Aviation, Ramco OnDemand ERP (ERP on Cloud), Ramco Enterprise Information Management Suite, Ramco Advanced Process Control, and Ramco Mine Management. Strong domain knowledge coupled with proven implementation expertise enables Ramco to provide specialized solutions in verticals such as Manufacturing, Real Estate & Construction, Energy & Utilities, Logistics, Services, Banking & Financial Services, Aviation, Government and Defense.
Ramco Systems has been assessed for ISO 9001:2008 and ISO 27001:2005 information security standards. Ramco's BPO unit is SAS 70 Type II certified.
For more information, please visit www.ramco.com
Follow Ramco on Twitter @ramcosystems/read latest news & updates on http://www.ramcoblog.com/
CONTACT DETAILS
Vinitha Ramani , Ramco Systems Ltd., +91 9840368048, vinitharamani@rsi.ramco.com
Twinkle Xavier, 20:20 MSL, +91 9884480115, twinkle.xavier@2020msl.com
KEYWORDS
CONSUMER, BANKING, BUSINESS SERVICES, IT, TECHNOLOGY
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