APS Bank Executives Gain Visibility Into Corporate Performance With Panorama NovaView

TORONTO, Oct. 19 /PRNewswire/ -- Panorama Software, a global leader in proactive Business Intelligence (BI) solutions, today announced APS Bank has selected Panorama NovaView Enterprise Suite to provide its management actionable insights into corporate performance trends.

APS Bank was established in 1910 to inculcate savings habits for the working class. Since then, APS has evolved into a community bank focused on personal banking services with multiple locations across the Maltese Islands.

To improve overall business performance, APS Bank recognized that a dynamic enterprise business intelligence solution could help improve decision making across the organization. Following an extensive search, APS Bank selected Microsoft platform and Panorama NovaView as its corporate BI infrastructure based on its ease of use, tight integration with Microsoft Office/SharePoint, and the ability to provide web-based access to data analysis and reporting throughout the enterprise.

APS Bank plans to integrate NovaView across its management layer.  Introducing the solution to its entire organization will streamline overall management operation by providing greater transparency for all important KPI's (key performance indicators) and significantly improving response time to business opportunities. With Panorama NovaView, management and other information workers will be able to drill down and analyze terabytes of data in real time through a set of intuitive business intelligence tools and simple, web-based access.

"After evaluating other BI solutions, Panorama NovaView was clearly the best fit for our business needs because of its intuitive web interface and self-service BI capabilities," said Luciano Anastasi, Head of Information Technology Division of APS Bank. "Branch managers are thrilled to have multi-level views of business performance, as well as the ability to easily drill into data for deep, efficient analysis."

APS Bank will leverage NovaView's tight integration with Microsoft Office and SharePoint to maintain efficiency with existing Microsoft applications that executives are already using in their day to day work. All managers will be able to continue using SharePoint as the corporate information center, without experiencing any limitations on advanced analysis, web-based reporting or dashboarding.

"Microsoft Malta is excited to be collaborating with Panorama Software to combine Microsoft SharePoint 2010 and Panorama NovaView and provide APS Bank with a powerful solution that is aimed at boosting business productivity on a multitude of levels," said Nick Tonna, Enterprise Segment Manager for Microsoft Malta. "Our joint solution will allow senior management at APS Bank to receive up-to-the minute reports on corporate performance trends while they focus on the most important aspect of their business – the bank's clients." 

Panorama NovaView implementation will be done by NewEra, Panorama Software's partner in Malta. In addition to deploying the NovaView BI suite, NewEra will provide its clients with a full suite of services surrounding the software, including consulting, training and customer support.

About NewEra:

NewEra Solutions has been providing Business Intelligence Solutions using cutting edge technology since 2007. NewEra Solutions, who are proud of having a number of leading companies in Malta in its portfolio come from different Market segments such as Distributors and Supply Chain, Insurance, Legal and Financial Services and Telecom companies. The addition of APS means that NewEra Solutions adds the banking sector with Panorama, to its notch.

The success is owed to the dedication and commitment of their staff and through the use of best practices, industry standard methodologies and the creation of a business bonding with their customers. Each implementation is unique and tailor made to client's requirements making sure that the client's expectations are exceeded. NewEra's ultimate satisfaction is that each and every client uses its BI solution on a daily basis and since its implementation the Business Intelligence project becomes an intrinsic part of the client's business.  

NewEra, Panorama Software and Microsoft (Malta) are collaborating closely to the extent of being in a position to offer a Business Intelligence solution that no other Business Intelligence provider can offer.  

NewEra Solutions and Microsoft (Malta) are also collaborating in providing training jointly on Microsoft products such as MS SQL Server Analysis and Integrated Services, Biztalk and MS SharePoint both for the local and for the foreign Market. NewEra is also strongly present in the provision of Sales Order Processing Solutions (Sales Force Automation products) using wireless technology and VPN architecture to enable sales reps transmit sales orders from anywhere and integration with any ERP system.

Apart from Malta, NewEra also serves the Italian Market.  

About Panorama Software:

Panorama Software empowers individuals and global organizations with the ability to rapidly analyze data, identify trends, maximize business opportunities and improve corporate performance and results through a complete SaaS and on-premise BI solution.

Panorama NovaView®, the company's flagship solution, is a comprehensive Business Intelligence product suite of Analytics, Reporting, Dashboarding, Scorecarding and Visualization designed to work on top of any data source - OLAP, Relational, Spreadsheets or In-Memory (PowerPivot).

Founded in 1993, Panorama is a leading innovator in Online Analytical Processing (OLAP) and Multidimensional Expressions (MDX). Panorama sold its OLAP technology to Microsoft Corporation in 1996; the technology was rebranded as SQL Server(TM) Analysis Services and integrated into the SQL Server(TM) platform.  Panorama supports over 1,500 customers worldwide in industries such as financial services, manufacturing, retail, healthcare, telecommunications and media.  Panorama has a wide eco-system of partners in 30 countries, and maintains offices throughout North America, EMEA and Asia. Visit www.panorama.com to learn more about Panorama's Business Intelligence Solutions.

NovaView and the Panorama logo are trademarks or registered trademarks of Panorama Software Ltd.  All other company product or brand names are the trademarks or the registered trademarks of their respective companies.  Panorama Software Ltd. is not responsible for errors or omissions.  Copyright 2009 Panorama Software Ltd.  All rights reserved.

SOURCE Panorama Software