Cognos, a world leader in business intelligence and performance management solutions, announced the launch of a new financial services performance solution designed to help retail banks drive greater branch profitability through more effective customer segment and product-level planning, analysis and reporting.

Retail bank branches are under pressure today to deliver accurate, timely profitability plans that are aligned with corporate revenue objectives. Traditional banking solutions like ERP, branch teller and platform systems, or spreadsheets are typically not designed to handle sophisticated, branch network-wide planning, modeling and budgeting.

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