04/05/2010

Integrated Bank Technology Increases Its Portfolio of Products withSwiftKnowledge Partnership

CEDAR PARK, Texas, April 1, 2010 - Integrated Bank Technology (IBT), a company that specializes in providing core processing, imaging software applications and a comprehensive integrated suite of products and payments solutions for financial institutions, announced it has formed a strategic partnership with Eden Prairie, Minnesota's SwiftKnowledge. SwiftKnowledge business intelligence (BI) software provides real-time, secure, 100 percent web-based access to multiple financial data sources for proactive, effective management of key performance indicators such as risk, cash and growth. This partnership demonstrates IBT's commitment to excellence in providing robust solutions to its customers by integrating the powerful, patented SwiftKnowledge technology. SwiftKnowledge offers BI and business analytic software solutions designed for wide spread adoption by non technical users.

 "We're pleased IBT recognized the unique and complementary benefits our architecture brings to their hosted customer environment," said Matt Connon, Chief Operating Officer for SwiftKnowledge. "A canned report isn't always going to tell the user what they need to know, and it definitely won't allow them to drill into the data for a deeper understanding of it. With SwiftKnowledge, financial services organizations can deliver robust analytics functionality right to the front line business people who make day-to-day decisions. Typical business intelligence solutions are technically complicated, which creates a backlog or bottleneck because these systems relay on resources such as power users, business analysts or technical people to deliver an effective dashboard presentation. While this may not be a complicated task for these advanced users, it certainly doesn't scale across an organization or put analysis capabilities into the hands of a typical user who, wants to do in-depth analysis to better execute the enterprise strategies. "

 "Today, financial institutions need this kind of analytics and intelligence at the front lines to respond quickly to competition and track market trends immediately. Real time measurement focused on cost control, branch effectiveness and market success can only be effectively measured using a tool that can integrate multiple data silos to create a simple picture of performance," says Mike Golebiowski, President of IBT.

 About SwiftKnowledge

SwiftKnowledge, LLC is a global software provider of powerful, patented business intelligence (BI) technology delivering a breakthrough experience for business users which drives strategic metrics and enables better decision-making throughout an organization. The SwiftKnowledge BI platform enables a new era of easy-to-use BI applications offering a revolutionary, ad-hoc analysis experience in web time and with a zero-footprint web deployment; with its patented Interactive Data Streaming^TM (IDS) and Component-Level Security^TM (CLS), SwiftKnowledge provides unmatched performance, scalability and security. The company's unique approach and support for cloud computing-based deployments and applications provides a robust yet sustainable solution for organizations integrating BI into operational applications; seeking an easy-to-use tool for heavy, ad-hoc BI workloads; and operating within the limitations of constrained IT resources.

 For more information, visit www.swiftknowledge.com.