Information Builders, the leader in Web business intelligence for real-time information delivery, and Bang Networks, a leading provider of intelligent information messaging, announced a strategic alliance targeting financial institutions. Under the agreement, Bang Networks will combine the strengths of its Axon messaging platform and Information Builders' powerful business intelligence tool, WebFOCUS, to deliver a best-in-class reporting solution for financial services firms.

The Bang Networks Axon significantly cuts the costs and technology hurdles associated with consolidating, integrating, transforming, and exchanging time- critical information between multiple networked applications and disparate sets of users and applications inside and outside the enterprise. Harnessing this collective information in real-time enables financial institutions to drive business performance by sharing rich information sets across the enterprise and to external customers and partners. Upon integration with Bang Networks Axon, WebFOCUS can reach a new level of functionality by providing dynamic information distribution that makes the overall product offering revolutionary with respect to real-time reporting.

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