ICreate And Red Hat Collaborate To Deliver Decision Enabling Analytics / Business Intelligence Solutions For Global Banking Industry

This partnership brings together the capabilities of iCreate’s proven banking analytics / business intelligence solutions and Red Hat’s leading open source enterprise solutions.

Bangalore (I-Newswire) September 27, 2012 - iCreate Software today announced a strategic partnership with Red Hat, the world’s leading provider of open source solutions.

This partnership brings together the capabilities of iCreate’s proven banking analytics / business intelligence solutions and Red Hat’s leading open source enterprise solutions to help the global banking sector benefit from world-class banking-specific decision enablement solutions based on Red Hat’s technology, which is known for its scalability, enterprise-class performance, security, stability, ease of management and low total cost of ownership.
This partnership is expected to augment iCreate’s and Red Hat’s commitment to the global banking fraternity in providing flexible, optimized technology alternatives, to help them accelerate growth, performance, compliance and operational excellence.

Speaking on the occasion Mr. Amit Agarwal, SVP and Global Head of Sales, iCreate, remarked, “We are extremely delighted to shake hands with Red Hat, to jointly help banks establish world-class decision enablement systems using best-in-class banking analytics, BI and compliance Solutions delivered via Red Hat’s stable and secure open source technology."

Mr. Vivek Subramanyam, CEO, iCreate added, “This is truly a momentous occasion not just for iCreate and Red Hat, but for the global banking sector that can now leverage the combined strengths to improve their decision enablement ecosystem via banking-specific analytics and business intelligence solutions.”

"We are pleased that iCreate has chosen Red Hat Enterprise Linux as the platform for its banking intelligence software. This partnership provides banks in key markets around the world with the ability to deploy business intelligence capabilities on the Red Hat platform and further demonstrates Red Hat's commitment to the financial services industry," said Rich Feldmann, global director of financial services, Red Hat.

About iCreate and Biz$core
iCreate is a 'BI for Banking' specialist headquartered in Bangalore, India, with an established presence in Africa, Asia-Pacific, Middle East and Europe. iCreate's unique, integrated Business Intelligence, Analytics and Performance Management solution, that integrates with standard banking systems, ensure banks have a fully functional Business Intelligence solution running very quickly, at the lowest TCO and with advanced solutions in areas such as Retail Banking, Corporate Banking, Analytics 360, etc. iCreate is a winner of several premier industry recognitions including the Red Herring Asia 100, Deloitte Technology Fast 500 Asia and the NASSCOM Emerge 50; an endorsement of its unique ‘Banking-specific Business Intelligence’ proposition.