MicroStrategy The Choice Of LoanPerformance
MicroStrategy Incorporated, the provider of business intelligence software, says LoanPerformance has selected the MicroStrategy Business Intelligence Platform for improved analysis and reporting of mortgage industry data trends. LoanPerformance (formerly MIC) is a San Francisco-based research and analytics company that provides data, software, and analytics to the mortgage industry.
"We selected MicroStrategy because our rapidly growing databases became too large for our proprietary systems to efficiently process," said Mark Carrington, Director, Product Management, LoanPerformance. "MicroStrategy's business intelligence platform has the scalability and flexibility that we needed to accommodate our expanding database, and MicroStrategy's robust reporting capabilities enable our clients to build unique reports to fit their needs."
Through LoanPerformance's solution, TrueStandings, MicroStrategy “is providing comprehensive historical mortgage data in a new, fully secured Web-enabled user interface,” MicroStrategy says. “Mortgage analysts are running reports on mortgage performance, origination analysis, executive summaries, and market analysis against a 3.5-terabyte SQL Server data warehouse. The MicroStrategy-based application provides LoanPerformance's clients with the ability to add loan attributes, metrics and filters to any report, and to drill from high level reporting to an individual loan.”
"MicroStrategy's robust architecture provides a true enterprise reporting solution," said MicroStrategy's COO Sanju K. Bansal. "Its ease-of-use, flexibility, Web-based interface, and scalability for large databases offer LoanPerformance a powerful reporting solution to help LoanPerformance meet the challenges posed by today's competitive environment."