Challenger selects Cognos for performance management
13th November 2006 Challenger the financial services organisation listed on the Australian Stock Exchange has selected Cognos 8 Business Intelligence (BI) and Cognos 8 Planning for enterprise-wide reporting and performance management. The company, which is focused on its four core business lines of mortgage management, funds management, asset management, and financial planning chose Cognos for its comprehensive set of BI capabilities on a single, Web-based services-oriented architecture and Cognos' enterprise planning capabilities.
Challenger's Enterprise Reporting System project is designed to it provides decision makers at all levels with a consistent, accurate view of information to better manage performance and streamline the budgeting and planning process across the organisation. “We are taking an interative prototyping approach to the implementation to ensure we deliver a system that is of ongoing value to the business,” said Brendan O'Connor, project sponsor at Challenger. “We expect to increase the speed and efficiency of our reporting and provide powerful analytical capability to our business.”