Press release
Close Premium Finance Selects Pentaho to Enhance Company and Broker Effectiveness
UK Financial Services Leader Chooses Pentaho Open BI SuiteORLANDO, FL -- (MARKET WIRE) -- 03/11/08 -- Pentaho, the commercial open source alternative for business intelligence (BI), today announced that Close Premium Finance has selected Pentaho Open BI Suite to improve their analytical and information display capabilities, allowing them to identify business growth opportunities for Close and its brokers.
Close Premium Finance is the premium finance division of the Close Brothers Group, the UK´s largest quoted independent merchant bank. Close Premium Finance introduced the concept of insurance premium finance to the UK in 1977 and today remains market leader, currently lending approx GBP 1.5 billion of premiums through over 2,500 brokers in the UK and Ireland.
The primary users of the application will be Senior Management, the Finance and Information Technology departments, and the Account Management team. The system will provide integrated reporting and analytics driven by a data warehouse that integrates customer information, market data, and internal operational data. For example, Account Managers will have easy access to information to help their brokers maximize their financial performance, providing market information that informs brokers of their levels of premium finance penetration and identifies related growth opportunities within their businesses. Furthermore, the Pentaho Open BI Suite deployment will provide up-to-the-minute reports to management at Close Premium Finance, providing the capabilities needed to manage in a dynamic environment and react quickly to issues and opportunities.
The application will be deployed on HP Proliant servers running 64-bit SUSE Linux. Primary data sources for the application include a combination of MySQL and Oracle databases, as well as Excel spreadsheet information.
Close Premium Finance considered other alternatives including Oracle Discoverer, Oracle Business Intelligence Enterprise Edition, as well as in-house development. Pentaho was selected for its dramatically lower initial and ongoing costs, the flexibility provided by Pentaho´s commercial open source model, and the value-added services Pentaho is able to provide for subscription services, training, and consulting.
"Pentaho provided a full spectrum of BI capabilities to address our needs," said Jason Oakley, infrastructure director at Close Premium Finance. "Pentaho´s subscription, training, and consulting services and their commercial open source model made them an easy choice for Close Premium Finance."
To contact Pentaho Sales, please visit www.pentaho.com/contact/
Press Contact:
Tony Keller
PR Contact for Pentaho Corporation
S&S Public Relations
719-634-8279
tkeller@sspr.com
Mark Houlding
PR Contact for Close Premium Finance
Rostrum Communications
0044 7773 782 520
mark@rostrumpr.com
Company Contact:
Wes Brown
Pentaho Corporation
407-812-OPEN (6736)
media@pentaho.com
Bela Allen
Close Premium Finance
0044 20 8786 2500
ballen@closepf.com
About Pentaho Corporation
Pentaho Corporation is the commercial open source alternative for Business Intelligence (BI). Pentaho Open BI Suite provides comprehensive reporting, OLAP analysis, dashboards, data integration, data mining and a BI platform that have made it the world´s leading and most widely deployed open source BI suite. Pentaho´s commercial open source business model eliminates software license fees, providing support, services, and product enhancements via an annual subscription. In the years since Pentaho´s inception as the pioneer in commercial open source BI, Pentaho´s products have been downloaded more than three million times, with production deployments at companies ranging from small organizations to The Global 2000. For more information, visit www.pentaho.com.
About Close Premium Finance
Close Premium Finance is the pioneering provider of premium finance products and services in the UK and Ireland. With over 2,500 brokers currently choosing to work with Close Premium Finance, they fund more than GBP 1.5 billion / EUR 3 billion of premiums every year, covering both commercial and personal lines insurance. They´re also a part of Close Brothers Group plc, the largest and most successful independent merchant banking group in the UK, founded in the City of London over 125 years ago.
The announcement was distributed by Hugin.
The issuer is solely responsible for the content of this announcement.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Close Premium Finance Selects Pentaho to Enhance Company and Broker Effectiveness here
News-ID: 39501 • Views: …
More Releases for Close
Ken's Hardwood Barbecue Restaurant Scheduled to Close
After a 10-year journey, Ken Alexander is transitioning from restauranteur to creating a line of BBQ Sauces and launching the 'Get Your Barbecue On' Video Podcast.
Tucson, AZ, USA - October 29, 2024 - After an extraordinary 10 years of serving up award-winning barbecue to the Tucson community, Ken's Hardwood Barbecue will close its restaurant doors on November 2, 2024, at 7:00 PM. As Alexander reflects on this incredible journey, he…
TEBillion Close to Achieving 250 Channel Partners
London, United Kingdom: TEBillion, one of the leading business automation solutions provider, announced that it is close to achieving 250 strategic partners from around the world.
This growth in TEB's partner network is accomplished with a dedicated team effort by its sales and marketing team spread across London, Mumbai, and Manila. This growth is also a testament to the rising demand for business automation solutions being integrated into businesses as…
TEBillion Close to Achieving 250 Channel Partners
London, United Kingdom: TEBillion, one of the leading business automation solutions provider, announced that it is close to achieving 250 strategic partners from around the world.
This growth in TEB's partner network is accomplished with a dedicated team effort by its sales and marketing team spread across London, Mumbai, and Manila. This growth is also a testament to the rising demand for business automation solutions being integrated into businesses as…
Loans Amongst Close Relatives
Trusting family members is as normal as can be. Therefore, it is usual that dealing with them is not as formal as it would be among strangers. But what happens when you miss a required formality in tax matters? Can you still make a deduction? The BFH gave its input to this question with its judgment of May 12, 2009 (re IX R 46/08).
In my new article I provide answers…
fluid Operations and ProXML Close Resell Agreement
Walldorf/Baden, Germany – fluid Operations, the leading provider of cloud and data management solutions based on semantic technologies, and ProXML, a Belgium-based consulting company offering a complete range of services for both creating and consuming Linked Data, today announced that they have entered into a resell agreement. The agreement will see ProXML include the Information Workbench® from fluid Operations in its extensive set of services and solutions including creating, curating,…
PROTEROS ANNOUNCES SUCCESSFUL CLOSE OF FINANCING ROUND
Largest-ever Financing allows for Expansion of Drug Discovery Capabilities
MARTINSRIED, GERMANY (August 6th, 2012) – Proteros biostructures GmbH (‘Proteros’) announced today that it had successfully closed a financing round of five million Euros to fund the continued expansion and growth of the company.
The financing round was led by BayBG, a key equity investor for Proteros. The financing round is the third and largest investment into the firm since the inception…
