Nelito Optimizes Operations with MAIA's BI Suite
By CXOtoday Staff
Mumbai, Jun 23, 2008

MAIA Intelligence, provider of Business Intelligence (BI) reporting software has signed an OEM - ISV partnership with Nelito Systems for a banking software application. Under this OEM global partnership program, MAIA aims to provide1KEY Agile BI Suite that comes with real-time analytic capabilities including comprehensive reporting on the portfolio of its banking software product line.

Nelito Systems is a Tata Group company focusing on core banking solutions, which are simple and easy to use and are targeted at tier II as well as smaller banks across the globe. With rapid expansion, Nelito needed to centralize all information related to operations, giving the management a 360-degree view across their distributed business units.

Bhaskar Rao, CEO and MD of Nelito Systems said, "Selecting the business intelligence platform from 1KEY Agile BI Suite was the logical choice to help extend the value of our banking software product FinCraft deployment. The 1KEY Agile BI Suite platform has the functionality to support banks both current and future information need. It also empowers its executives with the information they need to improve day-to-day decision making."

Under the agreement, Nelito will add MAIA's 1KEY BI Suite technology and data analysis module to its core banking solution FinCraft, including other products to provide data analysis and reporting capabilities. This will help to optimize business operations, enhance efficiencies, and improve customer relations.

Ramesh Paniker, VP of Nelito Systems commented, "This OEM agreement commences a new era in banking domain as BI, reporting, and advanced analytical needs become mainstream and are offered to a new broader segment of the market."

MAIA's OEM partnership has an increasing strategic advantage for ISVs serving the financial and other industries, which can turn to 1KEY BI, addressing the complex challenges that lay outside their core expertise. The MAIA OEM partner program provides the infrastructure necessary for partners to develop, bundle or integrate an application with 1KEY BI technology and then successfully market, sell and support it. Partners benefit by gaining a competitive differentiator that allows them to generate more business while providing increased levels of customer satisfaction and reduced cost of ownership.

Sanjay Mehta, CEO, MAIA Intelligence stated, "Fincraft, the most preferred core banking solution and is being widely used in banks. By leveraging FinCraft's vast customer base, this agreement increases MAIA Intelligence's reach throughout the BFSI market to realize significant return-on-investment through increased operational efficiencies."

Hiten Rathod, head (strategic alliance and channels) of MAIA Intelligence said, "Easy to integrate, deploy, and use, 1KEY BI Suite delivers a simplified BI environment that drives high user adoption, enables better decision-making, and can be deployed across enterprise-wide empowering business users with rich real-time reporting and analytics."

After evaluating several competing BI offerings, the company selected MAIA's 1KEY BI because of its strong presentation layer, and a totally integrated suite as compared to traditional BI.


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