Investment Firm Expands Business Intelligence to Enhance Reporting, Analysis
Raymond James provides a range of investment services through a network of more than 5,000 financial advisors operating in 2,200 locations around the world. To help these advisors continue to make fast, accurate, and cost-effective decisions, Raymond James created a suite of Business Intelligence (BI) tools that advisors use to analyze vast stores of product, client, and market data. The company's BI platform is based on Microsoft SQL Server 2008 data management software and SQL Server 2008 Integration Services, Analysis Services, and Reporting Services. Today, 6,600 people use the Raymond James Reports Center to help make cost-effective decisions. By using software that Raymond James already owns, the firm will save U.S. $500,000 every three years in licensing efficiencies and will also eliminate additional training costs.