MicroStrategy Technology Powers Global Analysis at Consors Discount Broker, Europe’s Leading Online Brokerage
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Consors Discount Broker is using the MicroStrategy Business Intelligence Platform� to anchor its global analysis platform. Consors Discount Broker, with headquarters in
McLean, Va., (October 30, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Consors Discount Broker is using the MicroStrategy Business Intelligence Platform(TM) to anchor its global analysis platform. Consors Discount Broker, with headquarters in Nürnberg, is a subsidiary of BNP Paribas and part of the CortalConsors Group, which is Europe’s leading online brokerage group with more than one million customers.
“Business growth and the high trading volume we support required a powerful and reliable business intelligence foundation,” said Peter Fuchs, Data Warehouse Manager at Consors Discount Broker. “The MicroStrategy platform provides the flexibility and ease of use that our end users require daily to analyze massive amounts of trade and customer interaction information, thereby uncovering insight that drives improvements in our product and service offerings. Furthermore, the platform supports complex data analyses with maximum efficiency and is flexible enough to accommodate future trade volume and business growth.”
Consors Discount Broker uses MicroStrategy to integrate and analyze information – including order, customer data and financial data – from a single, global analysis platform. In the future, the company expects that it will make available to all of the Consors Group’s subsidiaries secure access to key information.
About Consors Discount Broker
Consors pioneered online trading in Germany during the mid-1990s and has become a market leader in the heavy trading segment. Consors offers brokerage services to both professional traders and investment oriented individuals.
Today Consors is one of the leading German online brokerage firms. This position in the market is both their purpose and their commitment. Everyday, new customers join the approximately 500,000 customers Consors presently has in Germany. Consors is among the most advantageous suppliers with the best cost-performance ratio. The market is highly competitive and transparent. As in any online business, competition is just a mouse click away. This is why Consors offers a whole range of innovative products and services in order to continually expand its leadership position.
About MicroStrategy Incorporated.
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,700 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Hewlett-Packard, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the Company’s ability to effect the sale of non-core assets on reasonable terms; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7i, MicroStrategy Web are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com
Source: MicroStrategy